By Tanner Lee, Kingbee

The most effective fleets are able to adapt when uncertainties arise.

When economies are in flux, a rental contract keeps your costs steady. Rental vehicles stay off the balance sheet, giving you more borrowing power to invest elsewhere.

Van rentals not only eliminate the potential cost of down vehicles, they also increase your opportunity to generate revenue by taking on more projects.

Kingbee work-ready van rentals complement your current funding strategy and offers a third avenue for funding vehicles, alongside leasing and purchasing.

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By Sumit Chauhan, Co-founder and Chief Operating Officer, CerebrumX

The cost of vehicles continues to rise for fleets and business fleet operators. This is bad news for fleets and their operating margins.

But the use of connected vehicle data is providing critical opportunities to prevent profit erosion.

Today, more fleets are making use of sophisticated connected vehicle technology, AI, and data analytics. Each vehicle’s maintenance & servicing is one key area that benefits from these sophisticated data inputs and analytics.

This data can be used to properly maintain vehicles on the road today and help fleets better control the cost of repairs – which may be instrumental in keeping overall costs down.

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By Dave Bean, FMW Associate Editor

As summer was winding down this year, fleet sales were winding upward, at least according to analysts at Cox Automotive*. August year-over-year sales improved in major fleet segments – some quite remarkably.

Of the Big Three U.S. automakers, General Motors experienced the biggest uptick in fleet sales, trailed by Stellantis. Ford actually experienced a decrease in fleet sales. Overall, the revival of fleet sales continued to outpace the retail sales recovery.

“Although retail sales were weak, fleet sales in the U.S. for August were strong and reached levels for the month not seen since 2019,” said Cox Automotive Senior Economist Charlie Chesbrough.

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Secretary of Energy Jennifer Granholm knew charging might be a challenge as she set out on a four-day electric-vehicle road trip to highlight the White House investment in electric vehicles.

On a sweltering day in Georgia, an EV driver with a baby in the vehicle, called the police on the US Energy Secretary after her staff blocked a public charger with a gasoline car to “reserve” it for her convoy of EVs. The sheriff’s office couldn’t do anything. It’s not illegal for a non-EV to claim a charging spot in Georgia.

Major takeaway: EVs that aren’t Teslas have a road trip problem, and the White House knows it’s urgent to solve this issue.

via NPR

The pace of adoption in California picked up significantly once EVs reached 5% of new-car sales, a threshold at which preferences start to flip for mainstream car buyers. California was one of the first major car markets to reach that tipping point, in 2018, and so far 23 countries have been added to the list.

If California were itself a country, it would now rank fourth in terms of overall EV sales; only China, the US and Germany sell more. The pace of adoption in the state shows no signs of slowing, either, with second-quarter EV sales rising 70% over the same period in 2022. The US as a whole is just three years behind California, and currently tracing its path.

via Autoblog

Results from a 2023 EV sentiment survey conducted by Edmunds explore motivators across male and female respondents surrounding EV car shopping and suggest some of the reasons why this gap exists.

71% of men said they would consider an EV as their next vehicle, while only 34% of women fell in the same camp. Men are more likely to buy an EV for the privilege of being the first to own any newfangled tech. The price and range of an EV is related to other pragmatic issues that women reportedly consider when switching (or not) to fully-electric cars, such as value.

Edmunds

The new automotive world is filled with electric vehicles, which presents a whole new set of challenges for drivers. Today, you’ve got to know how to charge your EV and what the best charging ranges are.

Even before you buy your new electric vehicle, you should know where the public charging stations in your area are located.

What happens if you charge your EV to 100-percent every time you charge? Should you use DC Fast-Charging exclusively? Can you still use a regular 120-volt outlet to charge your electric car? Where are the nearby electric charging stations?

via TopSpeed

Inflation. Consolidation. Disruption. They can be tough to manage. Bring a little sanity to your fleet ops with FLD’s free OVRView App.

The quick, easy way to conduct the entire remarketing process in realtime.

Consign a vehicle, get a quote, finalize the sale.

It’s just that easy!

To Learn More and Download for Free, click here.

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By Ed Pierce, FMW Brand Acceleration Marketing Consultant

Marketing organizations have a wide range of marketing mix options to select from when developing their marketing strategies. There is more chance for confusion to occur when you have more options and disciplines.

 With careful management, lines can be drawn that minimize redundant work and maximize each contributor’s talents.

To integrate PR, marketing and content effectively, a certain degree of organization and communication is needed. It will make the process more efficient, and everyone will stay on task.

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By Ed Dubens, CEO/Founder of eDriving

In today’s bustling world, where work obligations often collide with the demands of the road, addressing driver fatigue has never been more critical.

Employers bear a significant duty of care to manage the risks of fatigue among employees who drive for work. Effective management necessitates the establishment of a Fatigue Risk Management Program.

How can we ensure that every journey, short or long, is marked by alertness and responsibility? One potential answer lies in embracing solutions like Mentor by eDriving as a comprehensive driver risk management program.

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