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The ongoing tight supply of used vehicles has kept resale values strong and reduced fleet depreciation rates. This is expected to continue through CY-2013. A return to traditional resale values isn’t expected until CY-2014.
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VANCOUVER, B.C. - Aegis Mobility has acquired ZoomSafer Inc. for an undisclosed amount. The combined companies will now be called DriveSafer.
Read More →SPARKS, MD – Fleet management services and mortgage company PHH released its third-quarter financial results. Its fleet management services Q3 segment profit was $21 million, which the report stated was consistent with its third quarter of 2011.
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Several experts offer insight to help fleets prepare for the regulations impacting medium- and heavy-duty trucks beginning in 2014.
Read More →TORRANCE, CA – Two fleet management companies in the northeast, as well as automakers with offices in that area, temporarily closed their offices in the wake of hurricane Sandy, which reached the northeastern U.S. on Oct. 29. Despite these closures, both FMCs affected stated that their operations continue as normal.
Read More →SPARKS, MD – Over 150 clients, prospects and alliance partners were in attendance to learn how PHH is evolving traditional views on fleet management.
Read More →SPARKS, MD – The Fraser Group sets rigorous standards that must be met in order to achieve an “exceptional” level of performance. This particular award is designed to recognize call centers that have achieved 95 percent or greater against 36 criteria for four consecutive quarters.
Read More →Vehicle remarketing has come a long way since J.D. Rawls held his first auction in 1938. As these 23 leaders show, the industry continues to grow and evolve.
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A stressful environment surrounds fleet, and increased accident management costs are contributing to fleet manager anxiety.
Read More →SPARKS, MD – PHH Arval announced that Erika Craven has been named Senior Vice President, Cornerstone Sales, effective immediately. Craven replaces Jeff Smith who retired last month from PHH Arval after 30 years of service with the Company.
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