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Orders of medium-duty vehicles increased 17 percent to about 19,000 in May to rebound from earlier in the year, according to early estimated from ACT Research.
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Sales and shipments of cutaways, low cab-over-engine and strip chassis trucks moved higher in the first two months of 2015 compared to a year ago, yet 2015 should be as volatile as 2014, according to the NTEA.
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Sales of vehicles to commercial fleets increased 3.4 percent in April to 66,260 units during a month that registered an increase from March and pushed total fleet sales to 5.9 percent for the first four months of the year.
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Sales of light-duty vehicles from nine manufacturers to commercial fleet users rose 16.7 percent in January mostly on the strength of trucks, vans, and SUVs, according to Automotive Fleet data.
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Government-mandated CAFE standards are exerting pressure on OEMs to develop smaller, more lightweight models and add more alt-fuel vehicles and hybrids to their lineups. Lower fuel costs will shift TCO focus to depreciation.
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President Obama has extended a tax benefit that increases small-business expensing and bonus depreciation, which would allow additional expensing for new vehicles and other equipment placed into service by the end of the year.
Read More →One of the “fleet management basics” is determining vehicle selection: what type, make, model, and equipment are best suited to the company fleet mission.
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Fleet sales continue to show strength heading toward the end of the year. Through the first 10 months of the year, OEMs have sold 502,793 vehicles to commercial fleets.
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Chrysler's Dodge Grand Caravan minivan logged the fastest order-to-delivery time among vans in the 2014 model-year, averaging 55 days from when an order was placed to when the vehicle arrived at a dealer's lot.
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Across-the-board improvement in business conditions, especially in the energy sector, is prompting a broad cross-section of corporations to increase their fleet order volume for MY-2015 to meet this uptick in business activity.
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