Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 0.75% month-over-month in July.
This brought the Manheim Used Vehicle Value Index to 130.3, which was a record high for the third consecutive month and a 2.6% increase from a year ago.
On a year-over-year basis, the mid-sized car category saw the largest decline (down 0.9%) in July, while pickups and vans saw gains greater than the overall market. Other car segments like compacts and luxury saw gains in July too.
Driving under the influence of alcohol is by far the most common drug-related arrest in the United States. Police make more than 1.4 million drunken-driving arrests annually, and they catch only a fraction of offenders.
The criminal justice system often responds to drunk drivers by focusing on their driving, for example, by taking away driver's licenses, restricting driving to daylight hours, or installing a breathalyzer that locks the ignition if the would-be driver has been drinking. But new research indicates that a highly effective approach to alcohol-involved crime is more direct and simple: Take away the offender's access to alcohol.
October 11-12, 2017, Omni Hotel, Charlottesville, VA
A hallmark of past NETS conferences has been the sharing of best practices across industry sectors enabling participants to benefit from a wide variety of road safety perspectives and successful implementation strategies.
This year’s event will include a number of leadership-themed presentations which are sure to resonate with attendees. Leadership partners who support road safety programs of all sizes and maturity levels are also encouraged to attend the conference in order to benefit from these presentations.
As automakers like Tesla, Toyota, and Volvo focus on developing vehicles that can interact autonomously with their environments, Ari Teman is exploring ways the cars of the future could interact with you.
The inventor, designer, and technologist told Futurism he sees biometrics, which is “the ability for a vehicle, an environment, or a service to recognize who you are and how you are,” as one of the biggest developments in transportation in recent years.
By Ed Pierce, Fleet Industry Marketer
Throughout this “marketing scam” series of columns, I focused on generally-accepted marketing tactics that waste the limited dollars of the marketing budget and that deliver few sales opportunities.
This final segment is devoted to two final activities that offer questionable value: Fish in a Barrel, where "exclusive" executive events are offered for a limited number of sales representatives to attend, and Question That Award Sponsorship (or Entry), where dubious award companies bestow "awards" for a steep price.
Driverless cars promise to save lives by driving better than constantly-texting, easily-distracted, sometimes-even-intoxicated humans, but - like any married couple knows - the cars can't reach their true potential if they don't communicate with each other.
Human senses are still better than the radars, lidars and cameras in driverless cars when it comes to things like classifying objects, edge detection, lane tracking and visibility range, according to a new report out of the University of Michigan's Sustainable Worldwide Transportation research team.
Researchers at University of Washington, University of Michigan, Stony Brook University, and UC Berkeley have figured out how to hack self-driving cars by putting stickers on street signs.
Starting by analyzing the algorithm the vision system uses to classify images, they used a number of different attacks to manipulate signs in order to trick machine learning models into misreading them.
For instance, they printed up stickers to trick the vision system an autonomous car would use into reading a stop sign as a 45-mile-per-hour sign, the consequences of which would obviously be very bad in the real world.
By Janice Sutton
David Dahm is Chief Financial Officer at LeasePlan USA. A 35-year veteran of the automotive fleet management industry, 29 of those years with LeasePlan USA, he is clearly an expert on financial matters affecting our industry.
We were happy to have had the opportunity to talk with Dahm about the newest Financial Accounting Standards Board (FASB) lease accounting rule changes and what fleet managers need to know in 2017.
We also asked him to consult his crystal ball and give us his thoughts on where interest rates may be headed. The short answer? Up. So, what do we do now?