When procuring replacement parts for their vehicles, more than two-thirds of commercial fleet managers surveyed by Automotive Fleet don't mandate factory parts and nearly three of four didn't identify a preferred brand.
LeasePlan USA has named Felipe Smolka its senior vice president and transformation officer as the fleet management company expands its executive leadership team.
BMW's finance arm has launched a new vehicle subscription service that provides users with unlimited access to certain BMW vehicles for a monthly price across two tiers that includes maintenance, insurance, and roadside assistance.
Three-year-old full-size vans retained the most value among trucks, vans, and SUVs in the wholesale used vehicle market, according to Tom Kontos, KAR Auction Services' chief economist.
Sales of vehicles to commercial fleets from eight manufactures increased 10.1% to 72,344 in March as sales of trucks, vans, and SUVs increased 10.4% to 62,419 and passenger car sales increased 8% to 9,925 units compared to a year ago, according to Automotive Fleet data.