September 23, 2008
DETROIT– General Motors Corp. (GM) and Ford Motor Co. executives said sales of trucks and SUVs in August again made up a bigger share of total sales as gasoline prices continued to fall from record highs in July.
Tags: Ford, General Motors, Market Share, SUVs, Trucks
CLEVELAND – Alcoa Automotive Wheels, a Cleveland, Ohio-based business has expanded their aftermarket catalog to include three new wheel lines for full-size trucks.
Tags: Alcoa, Full-Size, Trucks, Wheels
September 12, 2008
DALLAS – Pioneer Natural Resources, a Dallas-based coal bed methane producer and one of the top employers in Las Animas County, plans to convert a fleet of company trucks from running on leaded gasoline to compressed natural gas.
Tags: CNG, green fleet, Pioneer Natural Resources, Trucks
June 24, 2008
DETROIT – General Motors delayed plans to replace its fleet of profitable large pickups and SUVs and will focus on developing cars that promise improved fuel economy.
Tags: GM, GMT10XX, Trucks
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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.
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.
By Mike Antich
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42nd Annual Automotive Fleet Fact Book Guide 2008-2009 U.S. Fleet Statistics by Industry Segment, Census of the Commercial Fleet & ‘Non-Fleet’ Market, U.S. New Car Fleet Registrations and much more…