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OEMs

Dave Funston, manager, national fleet operations for Mazda North American Operations, passed away on April 1, 2021, following a three-year battle with colon cancer.  He was 61. Funston passing caught many in the fleet industry unexpectedly and they posted their remembrances of him.

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Chip Shortage Is Affecting Rental Car Orders

Due to the global shortage of semiconductors used in automobiles, OEMs are telling car rental companies to expect “significant delays” with fleet orders. One operator has had a large order canceled outright.

State of the Fleet Industry: 2020-CY Year End Recap & 2021 Predictions

Topics discussed included the closure of OEM assembly plants and physical auctions; declines in resale values early in 2020 followed by strong residuals through the balance of the year; pandemic-induced flattened operating costs through the year; and the boom in last-mile delivery and e-commerce.

Average Fuel Economy Reaches Record High

Average fuel economy for light-duty vehicles sold in the U.S. reached a record high, and carbon dioxide emissions have reached a record low for model-year 2018, according to the EPA.