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Short-Sighted Management: What Not to Do in a Recession

May 26, 2009

I am dismayed at the number of fleet managers who have lost their jobs due to corporate cutbacks. Similarly, I am amazed at the short-sightedness of today's senior management making these decisions without regard to the implications of lesser-qualified individuals managing one of their largest asset classes. I predict that companies that downgrade the expertise of their in-house management will be on the wrong side of history and will be the poster children of what not to do in a recession.

Tags: company downsizing, fleet management, fleet manager, layoffs, organizational restructuring, Recession

Author: Mike Antich | Posted @ Tuesday, May 26, 2009 10:59 AM | » Comments(4)

9 Mistakes to Avoid When Playing "Musical Cars"

March 10, 2009

Since the recession's start at the beginning of 2008, 4.4 million jobs have been lost due to corporate downsizings and layoffs. Many terminated employees were assigned company vehicles. In today's politically correct HR environment, the term "reverse expansion" is being used to describe the retrieval and reassignment of company-provided vehicles from terminated employees. A fleet manager suddenly thrust into a reverse expansion will find it very easy to make mistakes.

Tags: assigned vehicles, company vehicles, HR, layoffs, Recession, reverse expansion, terminated employees

Author: Mike Antich | Posted @ Tuesday, March 10, 2009 10:31 AM | » Comments(1)

Before You Call the Police, Think of the Impact on Resale Value

March 2, 2009

Massive layoffs are occurring throughout the economy, and many companies find that terminated employees are not returning their assigned company vehicles. Sometimes, the company-provided vehicle is held "hostage" until the employer meets a grievance by the terminated employee. Unfortunately, many HR and legal departments take the "easy way" and are too quick to involve the police to expedite resolution.

Tags: company vehicles, layoffs, police reports, resale value

Author: Mike Antich | Posted @ Monday, March 2, 2009 3:43 PM | » Comments(0)

2008: One of the Worst Years in Fleet History

December 30, 2008

I can’t recall a year as tumultuous as 2008. The year started with the Jan. 1 termination of the $1.8 billion merger between GE and PHH and ended with the near bankruptcy of GM and Chrysler. In between, we witnessed record fuel prices, then a spectacular freefall in fuel prices, a dismal used-vehicle market, unprecedented credit gridlock, the inability of some fleets to order new-vehicles, and fleet delivery disruptions due to a UAW strike and an epic Midwest flood that submerged rail lines.

Tags: 2008, Bankruptcy, credit gridlock, high fuel prices, layoffs, Merger, UAW Strike, used-vehicle market

Author: Mike Antich | Posted @ Tuesday, December 30, 2008 9:12 AM | » Comments(0)

Forecast for 2009: A Litany of Uncertainty

December 16, 2008

On the eve of the 2009 calendar-year, fleet managers are bracing for a new year filled with uncertainty about the economy and the long-term viability of the Detroit Three. There is a long litany of uncertainties voiced by commercial fleet managers about what may unfold. Many fleet managers view the changes currently roiling the industry as "tectonic shifts" in how commercial fleets will be run in the future.

Tags: 2009, Detroit Three, downsizing, layoffs, tectonic shifts, uncertainties, viability

Author: Mike Antich | Posted @ Tuesday, December 16, 2008 10:08 AM | » Comments(2)

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AUTHOR BIO

Mike Antich

Editor & Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing.

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