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Departmentally assigned vehicles often create hidden costs through underutilization, poor visibility, and increased administrative burden. This white paper explores how shared motor pool strategies help fleets reduce costs, improve accountability, and optimize vehicle utilization.
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According to Vincentric, fleet costs per mile for most vehicle categories increased slightly in the fourth quarter, tempered by falling fuel prices.
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The leading consignors trade group and the producer of the annual Conference of Automotive Remarketing (CAR) align to bolster event offerings and better serve the remarketing industry.
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The rear axle hub bolt recall affects an estimated 112,965 Ford F-150s. The air bag recall affects an estimated 17,970 Ford F-150 trucks, Super Duty F-250, F-350, F-450, F-550 trucks, and F-600 chassis cabs.
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Cox Automotive welcomes a return to normalcy after four years of everything but normal, with nothing in the data suggesting vehicle market surges in any direction.
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The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.
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The 2024 Honda Ridgeline lineup is available for sale at dealerships.
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While the used vehicle market is not fully back to normal, it shows signs of more stability and balance.
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To set next year's rate, the IRS was guided by moderating fuel prices against increases in vehicle acquisition costs and lower residual values.
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A survey of 2,000 fleet professionals completed by CerebrumX found that while 38.5% of respondents are leveraging a telematics service provider (TSP), 32.7% say they are not receiving optimal ROI from their TSP.
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The base-level truck will be made available in 2025, with the higher-level AWD and Cyberbeast trims set to deliver in 2024 — but in smaller numbers and to existing single reservation holders.
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