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Multiple factors increased fleet order-to-delivery times, such as quality holds, massive recalls, the Cash for Clunkers program, GM & Chrysler’s emergence from bankruptcy, and the decision to build to demand, not to capacity.
Read More →Dealer inventories at all-time lows make this a good time for small fleets to plan ahead and factory order.
Read More →In his monthly used vehicle market conditions commentary, Tom Kontos of Adesa reports that wholesale used vehicle prices in September averaged $9,742 -- a 2.1 percent decrease from August but a 2.1 percent increase from September 2008.
Read More →In his July commentary, Tom Kontos of Adesa says that firming used vehicle prices resulting from low trade-in supply and strong used car demand are conditions that have been in place for the entire year.
Read More →"The effect of a supply reduction of this magnitude could have an immense impact on these [used car] values in the short-term, exacerbating the already-limited supply at auction."
Read More →Some vehicles that previously qualified for the program no longer do, while some that didn't qualify before do now.
Read More →Hyundai buyers will receive the full rebate allocated under the CARS program when an eligible trade-in is exchanged for a qualifying Hyundai model.
Read More →Kelley Blue Book has launched a "Cash for Clunkers" Calculator on its Web site, which assists consumers in determining if their current vehicle might be eligible for up to $4,500 toward the purchase of a more fuel-efficient new car, research new-car options, and reach a dealer-all in one place.
Read More →CashForClunkersFacts.com is urging consumers not to give out their social security numbers or any other sensitive Information to anyone asking them to register for the CARS program or the Cash for Clunkers program via email, Web site or phone call.
Read More →All vehicle lessors should be aware that the current wording of the Cash for Clunkers Bill, H.R. 1550, does not provide any cash incentive to potential consumers or fleet lessees of light trucks who choose to lease their vehicle purchase.
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