Fleet Acquisition

The purchase of your fleet rental vehicles will be your biggest cost. The fleet acquisition decision between lease, buy and manufacturer repurchase can be complicated and overwhelming. This channel covers the latest news and tips regarding risk vehicles, buyback programs, funding, financing and loans for fleets of any size.


ALG Reports Residual Value Impact of Toyota Recall

Automotive Lease Guide says the automaker may have lost 13 percent of its potential customers because of the recall.

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No Luck of the Irish for Car Rental Supply

A rental car shortage could cost the Irish tourism industry more than a quarter billion euro this year.

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ALG Predicts Gain for Detroit 3 in Residual Values

While 2009 was one of the roughest roads the auto industry has traveled, the road ahead looks more promising for the Detroit 3 with on average gain of approximately 3 percentage points in the 36-month residual outlook.

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Toyota Extends Services Nationwide to Customers Affected by Recalls

These additional services include expedited scheduling of a vehicle repair, pick up and return of the vehicle by a dealership representative, driving the customer to the dealership or his or her place of work, and providing other alternate transportation for the customer.

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OPENLANE Provides Ford Dealer's Access to Wholesale Vehicles

Ford and Lincoln Mercury dealers can conduct online purchases of off-rental vehicles with their existing Ford Signature Floorplan or Ford DEFT accounts.

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McElroy: Detroit 3 Profitable Again in 3 Years

Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a profit break-even point at 10-million SAAR (seasonally adjusted annual rate) and for the domestic OEMs to be “extremely profitable” at 14 million units yearly in sales.

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NADA: Rising Consumer Confidence, Employment Lead to Improved Vehicle Sales in 2010

NADA Used Car Guide Analyst Paul Taylor says economic fundamentals point to strong used-car market.

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Hertz Teams Up With Nissan to Bring Electric Cars to Market by Early 2011

After the Nissan LEAF is introduced to the Hertz fleet by early 2011, the rental company and Nissan plan to expand the electric vehicle into Connect by Hertz.

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Toyota Announces Voluntary Recall on 2010 Prius & 2010 Lexus HS 250h

Toyota will recall approximately 133,000 2010 Model Year Prius vehicles and 14,500 Lexus Division 2010 HS 250h vehicles to update software in the vehicle's anti-lock brake system (ABS).

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GM Certified Used Vehicles Offers 3.9% Financing on Pontiac G6

Effective Feb. 2 to March 31, GMAC Financial Services is offering qualified buyers 3.9 percent APR financing for terms up to 60 months on all GM Certified Pontiac G6 models.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Which Hybrids Pay Back the Quickest?

After five years and 15,000 miles of driving per year, are there any hybrids that actually have a lower cost of ownership than their gas-engine counterparts? One unexpected vehicle takes the prize.

How Far Will Cell Phone Bans Go?

The federal government means business with its new law banning cell phone use while driving commercial vehicles. Can the laws go even further, and how should fleets react?

Righting a Wrong in Arizona

Arizona is one of a super minority of states in which auto rental companies are required by statute to pay for the negligent acts of their renters. Look for new legislation in the coming weeks that proposes to change that.

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