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November 18, 2008

Daimler to Drop Sterling Brand, Eliminate 3,500 Jobs

REDFORD TOWNSHIP, MI– Daimler AG announced it will close its Sterling Trucks division in North America and cut 3,500 jobs as it reins in production and shifts manufacturing to Mexico.

Tags: daimler, Daimler Trucks AG, discontinue, Sterling, Western Star Trucks

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Predictions for Fleet in 2009

By Mike Antich
When looking ahead to the next 12 months, I foresee reduced operating costs for fleets offset by increased depreciation expense caused by anemic resale values and decreased incentive monies. Here’s why I believe this will be the case, along with other predictions for 2009.

2008: One of the Worst Years in Fleet History

By Mike Antich
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.

Fleets Scramble to Cope With Extended Plant Shutdowns

By Mike Antich

Forecast for 2009: A Litany of Uncertainty

By Mike Antich

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Auto Fleet - June 2008

In This Issue:
Merck’s LaRosa Implements Cost-Saving Global Strategies, Time to Break the Fleet Management Mold?, Fleet Manager Recognition is a Core Value of AFLA and much more…