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August 6, 2008

Yokohama Tire to Adjust Prices on OTR and Commercial Tires

FULLERTON, CA – Continued record increases in the cost of raw materials and energy have caused Yokohama Tire Corporation to increase prices on its large and extra large bias/radial off-the-road (OTR) tires up to four percent, and on its medium-truck and light truck commercial tires by up to six percent.

Tags: Yokohama Tire Corporation , price increase, tires

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

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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

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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.

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Auto Fleet - December 2007

In This Issue:

Chevrolet Sweeps 2008 Fleet Car & Truck of the Year Awards, Analyzing Depreciation Trends: 2007 vs. 2006, Toshiba America Medical Systems’ Fleet Goes 100% Hybrid and much more…