THE NUMBER 1 RESOURCE FOR VOCATIONAL TRUCK FLEETS
In today’s uncertain economic times, it is not unusual to push out truck replacement cycles. While an attractive short-term tactic, fleet managers need to be aware of the long-term consequences.
There is a shortage of medium-duty trucks in the wholesale market due to the low volume of new units ordered from 2007 to 2010. This inventory shortage is forecast to persist for several years. The net result is higher resale values.
To give more customers access to its suite of digital products and services, Manheim introduced its mobile app for Google Android smart phones.
Some are serious, some are fun, but there are a number of myths about fleet management (and fleet managers) that can skew both management’s, as well as drivers’, view of the job and the person.
The Internet offers several avenues for small fleets to remarket out-of-service cars, trucks and vans. Here are three ways to get started.
According to industry analysts, most vehicle segments increased in vehicle depreciation in 2009 due to such factors as extended replacement cycling, shifts in the wholesale vehicle market, and higher capitalized vehicle costs.
Global Fleet Services is an international alliance of fleet management companies representing global regional markets. The alliance met in Spain to discuss fleet trends in Africa, Asia, Australia, and Latin America.
From acquisition to remarketing, a compilation of best ideas in managing successful, cost-effective, and efficient fleets is presented.
Many of those millions laid off during this recession’s corporate downsizings drove company cars. The process of reassigning vehicles retrieved from terminated employees can lead to errors. Here’s how to avoid them.
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.
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.
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.
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.
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.
While hybrids can reduce fleet fuel expense, the two other major fleet expenses — maintenance/repair and depreciation — must also be considered to determine if hybrids are the answer to reducing overall fleet costs.
As vintage Chevrolet trucks increase in popularity with enthusiasts, more trucks are going up for auction and sale prices for the most coveted trucks keep increasing. As we look back at 100 years of Chevy truck history, here’s a gallery of the nine most expensive Chevrolet trucks sold at Barrett-Jackson auctions to date. Photos courtesy of General Motors.
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