THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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IRS Reduces Mileage Reimbursement Rate

The Internal Revenue Service has reduced the business mileage reimbursement rate for one half of a cent to 53.5 cents from 54 cents. The new rate went into effect on Jan. 1.

Auto Truck Group Offers Section 179 Advice

The Auto Truck Group is urging small businesses to take advantage of the federal Section 179 deduction on equipment that allows a deduction of as much as $500,000 on new and used equipment purchases.

Natural Gas Fuel Approved to be Sold as DGE Standard

The National Conference on Weights and Measures (NCWM) has voted to approve the diesel gallon equivalent (DGE) standard as a legally authorized method of sale for natural gas that is sold as fuel for vehicles.

Yale Considers Carbon Tax for Fleet

Yale University launched a self-imposed carbon tax program earlier this year that levies charges against a number of its departments regarding the amount of carbon used, which is something the university is considering applying to its fleet.

Open-End Versus Closed-End Leasing

Choosing a leasing instrument during the procurement process is a vital aspect of fleet management that requires consideration of costs, utilization, and remarketing scenarios.

Robust Economy in Mexico Drives Growth in Fleet Market

Presently, there are 34 million vehicles in operation in Mexico, of which 34 percent of them are commercial vehicles. The majority of large fleets operating in Mexico are owned or leased by multinational companies.