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The average new car buyer in the U.S. paid $47,244 last month, about one-tenth of 1% lower than January. Prices remain historically high – 14% higher than in February of 2021. But they are now in a slow, steady slide, and down 5.4% from the peak in December of 2022.
“While everyone may applaud that prices are coming down, even marginally for the moment, affordability is still challenging the market,” said Erin Keating, executive analyst for Cox Automotive. “Most shoppers have not seen their incomes increase as quickly as vehicle prices, so the new-vehicle market remains a challenge.”
via Kelley Blue Book
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The benefits of fleet electrification are well-known, but the question of feasibility is still very real in the minds of many heavy fleet managers. To help fleets understand how electric trucks can fit into their operations, Mack Trucks is offering a mobile off-grid charging system.
While somewhat clunky as a concept, it should do a reasonable enough job of pretending to be permanent infrastructure to give a fleet manager a sense of whether or not an electric solution will work for them.
via Electrek
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Manufacturers of connected cars are sharing way more data than customers may realize, the New York Times reported Monday, and that’s only half the problem.
According to the report, automakers may be sharing statistics about customer driving habits with their insurance companies directly.
Some automakers acknowledged arrangements with third-party data collection firms, but in limited and situational contexts. Acura, Honda, Hyundai, Kia and Mitsubishi all offer an optional driver score feature that includes data collection and transmission to insurance databases, NYT reports, but all require the customer to opt in.
via Autoblog
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Throughout the automotive spectrum from BMW to Subaru, functions that were once controlled by a physical knob or buttons have been replaced with touchscreen functions in newer iterations of bestselling models — which can be a hazard if adjustments need to be made while on the move.
“The overuse of touchscreens is an industry-wide problem, with almost every vehicle-maker moving key controls onto central touchscreens, obliging drivers to take their eyes off the road and raising the risk of distraction crashes,” Euro NCAP strategic development director Matthew Avery said.
“New Euro NCAP tests due in 2026 will encourage manufacturers to use separate, physical controls for basic functions in an intuitive manner, limiting eyes-off-road time and therefore promoting safer driving.”
via TheStreet
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By Ed Pierce, Fleet Management Weekly’s Brand Acceleration
In the realm of B2B marketing, which includes fleet products and services marketing, the ability to quantify the return on investment (ROI) has long been a challenge.
Proving ROI in B2B omni-channel marketing is a complex endeavor, but it’s essential for optimizing marketing efforts and justifying investments. Data analytics and attribution modeling are powerful tools that enable B2B marketers to demonstrate their campaigns’ impact accurately.
To measure the impact of marketing efforts accurately, B2B marketers must establish a robust set of key performance indicators (KPIs) that align with their specific business objectives.
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By Kam Thandi
The vehicle repair industry, crucial for keeping fleets on the move, is currently grappling with a myriad of challenges. Delays, communication gaps, and intricate repair processes have become the norm, posing significant hurdles for fleet managers.
Fleet managers face increased downtime, higher costs, and a decline in overall operational efficiency. However, innovative solutions like ServiceUp are completely revolutionizing the vehicle repair industry.
ServiceUp offers two configurations that can be tailored to fit seamlessly into your existing process.
Check out the ServiceUp website to learn more! Click to Visit ServiceUp.
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By Sarah Bechtold, eDriving
As the winter frost melts away and nature awakens, spring brings a refreshing change to the driving landscape. Yet, with this transition comes a unique set of challenges that fleet managers and drivers must navigate with caution.
From bustling traffic to unpredictable weather shifts and ongoing or new/seasonal road construction, the spring season demands heightened awareness and proactive safety measures behind the wheel.
At eDriving, we understand the unique challenges that come with each season’s transition. That’s why we offer a comprehensive suite of resources and tools designed to support your fleet’s safety initiatives year-round.
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