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November 11, 2008

Chinese Express Interest in Developing Turbine Truck Technology

DELAND, FL – Turbine Truck Engines, Inc. (TTE) has received a Memorandum of Understanding (MOU) from Aerospace Machinery and Electric Equipment Co., Ltd. (AMEC).

Tags: Aerospace Machinery and Electric Equipment Co., AMEC, Detonation Cycle Gas Turbine Engine, MOU, TTE, Turbine Truck Engines Inc.

August 20, 2008

GM Statement Regarding Medium Duty Truck Business

DETROIT - Due to significant marketplace and economic changes, GM and Navistar have decided not to renew the memorandum of understanding to purchase GM’s medium-duty truck business, which has expired.

Tags: GM, Memorandum of Understanding, MOU, Navistar

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The Credit Crisis Impact on Fleet? Look to 1973 for Clues

By Mike Antich
Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.

Used-Vehicle Market Nosedives in October: More Downward Movement Anticipated

By Mike Antich
October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.

Don't Let Drivers Grow Complacent with Lower Fuel Prices

By Mike Antich

94% of Fleet Managers Don’t Know the Whereabouts of Their Fleet Vehicles

By Mike Antich

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$10.00

F&I Magazine - February 2008

In This Issue:
6 Things F&I Managers Need to Stop (Or Start) Doing, Training to Stay in Control, The Ideal Product Mix for 2008 and much more...