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The FASB and IASB have put a new leasing project on their agendas. The outcome will be the creation of one leasing standard applied worldwide. Is this the beginning of the end of off-balance sheet accounting for fleet leases?
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Domestic automakers are bending over backwards to prove their value. The loyal work-truck buyer may stand to benefit the most.
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Two systems vie for market share. Yet major engineering challenges must be overcome before either gains full acceptance.
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Some claim average returns of $1,000 over wholesale. The tradeoff is the time spent researching pricing, managing listings, and building a reliable reputation.
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Driver reimbursement continues to be the wrong choice for commercial fleets for a number of reasons, ranging from HR issues and corporate safety concerns, liability exposure and tax consequences to employees.
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Replacement tires are a fleet’s third-largest operating expense. And this expense is growing.
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As fuel prices stay persistently high, retail buyers are shying away from new and used sport/utility vehicles, triggering a softening of resale values in the whole-sale market. Retail demand for new SUVs declined dramatically during the summer by as much as 20-30 percent.
Read More →Chinese automakers are eyeing the U.S. market. Can Bricklin and Harmer succeed in bringing affordable Chinese cars stateside by 2008? Challenges lie ahead.
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As gas prices continue their astronomical rise, the influx of products claiming to “increase gas mileage by up to 25%” seems to increase tenfold.
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More than 600 fleets currently use biodiesel, according to the U.S. Department of Energy. This number promises to grow based on several recent announcements.
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