Tagged new vehicle sales
March 3, 2010 in Fleet Acquisition
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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March 3, 2010 in Fleet Acquisition
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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By Cindy Brauer and Grace Lauron, March 2010 in Fleet Acquisition
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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February 17, 2010 in Fleet Acquisition
NADA Used Car Guide Analyst Paul Taylor says economic fundamentals point to strong used-car market.
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February 10, 2010 in Remarketing
In response to the recently recalled 2010 Toyota Prius, Kelley Blue Book has announced that the transaction price of the new Prius will drop by $1,000 to $1,500 on Feb. 12.
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January 20, 2010 in Fleet Acquisition
Chrysler Group's chief executive says fleet customers such as rental car companies are “the anchor on which I can rebuild,” and adds the turnaround might take another two years.
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December 30, 2009 in Fleet Acquisition
In a letter to dealers, GM said it would offer $7,000 for every new Saturn or Pontiac sold to dealers and then moved to rental-vehicle or service-vehicle fleets.
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December 30, 2009 in Fleet Acquisition
Sales of small- and medium-sized business fleets have improved since May, while government fleet volume is expected to improve in the coming quarter, CNW Market Research says.
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December 30, 2009 in Fleet Acquisition
According to Kelley Blue Book, in 2009, the average vehicle maintained 34.2 percent of its original value after five years in contrast to 2010 models, which are projected to maintain an average of 32.6 percent of their original MSRP.
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December 23, 2009 in Fleet Acquisition
AutoPacific forecasts industry volume of 11.4 million units in 2010, and 15.4 million in 2015, a far cry from the near-17 million unit years achieved in the past decade.
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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars
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.
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?
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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