For the second month in a row, average transaction prices undercut manufacturer's suggested retail prices, reversing a prior 20-month trend.
Only 16 models are now eligible for a full or partial tax credit, which will factor into the vehicle choices for private- and public-sector fleets as well as the vast American retail vehicle market.
Ford listed the electric vehicles and plug-in hybrids that are eligible for Inflation Reduction Act federal tax credits in 2023.
Guaranteed cash-back money that any buyer qualifies for and is often the fodder of headline advertising has all but dried up.
Through the 12-month period ending in June 2019, overall manufacturer incentive spend has declined, and the strength of fleet sales this year has been a big reason why.
Management must develop remuneration policies and incentive plans encouraging procurement to cooperatively work with in-house fleet leadership to support attainment of larger strategic goals allowing fleet to cost-effectively fulfill its corporate mission.
GM Financial reported $202 million in net income in the first quarter of 2017, a 23% increase over the same time last year, despite pressure on used-car values, the company has announced.
The United Arab Emirates Ministry of Energy launched an incentive program that will call for up to 10% of car fleets of federal ministries and agencies to be electric vehicles.
The Coordination Ministry of Production, Employment and Competitiveness (CMPEC) recently signed a framework agreement with several vehicle companies to promote the use of electric vehicles in Ecuador.
Zenith Electric Shuttles and Cargo Vans are now eligible for an estimated $48,884 worth of incentives under the Chicago-based Drive Clean Truck program.
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