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SEARCHCoverage of replacement planning, vehicle utilization, remarketing, resale value, asset strategy, and market conditions to help fleets maximize vehicle value throughout the asset lifecycle.
Ford Pro Advantage brings manufacturer-backed inspections, warranties, roadside assistance, and service support to used Class 1-7 commercial trucks and vans.
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MT. LAUREL, NJ - ARI - Automotive Resources International, has appointed John Storz to manager heavy truck and equipment remarketing.
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Defining exactly what a truck must do is the first step in spec’ing a medium-duty truck engine.
Read More →NORFOLK, VA – Truck Web Services, an Internet solutions provider for the commercial truck industry, and a division of Dominion Enterprises, has announced it has incorporated Black Book’s vehicle valuations as an add-on feature to its Internet solution.
Read More →SPARTANBURG, S.C. – PACCAR Financial Corp. (PFC) recently opened its second used truck center near Spartanburg, S.C. The new facility offers an extensive selection of premium Kenworth and Peterbilt used trucks to PACCAR dealers, non-PACCAR dealers, independent wholesalers, and retail fleet and owner-operator buyers.
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Resale values for pickup trucks have declined by 15-25 percent due to such factors as high fuel prices, tightened consumer credit, and a stagnant construction market.
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It has been “common wisdom” to replace fleet vehicles in relatively short cycles. Rising costs, however, have led fleet managers to consider lengthening replacement criteria. There are pros and cons to the practice.
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At the 2008 Conference of Automotive Remarketing (CAR) in Las Vegas, Jim Hallett of ADESA shared his insights on the future of the remarketing industry, in particular, the impact of technology.
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As the cost of truck bodies increases due to rising material costs, recycling bodies on new chassis can become more attractive. However, the cost of vehicle downtime to allow for remounting needs to be taken into account.
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Slip seating means rotating drivers through trucks as vehicles are available, rather than assigning a specific driver to a specific unit. In some cases, it can be a public relations as well as financial advantage.
Read More →Most fleet vehicles are purchased by subprime buyers; however, these buyers are now finding it increasingly difficult to qualify for used-vehicle loans. The slowdown in the construction market is dampening demand for used pickups, and full-size work vans.
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