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Tesla Model 3 Bucks Trend of Electric Vehicles Depreciating Rapidly

MSN

The U.S. used-car market in recent years has seen electric vehicles suffer from particularly high depreciation rates, but there's at least one EV that's done playing by the rules.

According to numbers from a July study on three-year-old cars by iSeeCars, the average depreciation of all EVs coming off leases it looked at was 52 percent. But not all EVs lose this much ground this fast.

The Tesla Model S was at 36.3 percent and the Model X lost 33.9 percent, which also beat the average depreciation for all cars (both EVs and internal-combustion vehicles) coming off three-year leases this year, which was 39.1 percent. For trucks it was 34.3 percent, and for SUVs it was 39.7 percent. Those numbers make the Model 3's role as an outlier in iSeeCars' report all the more eye-popping. It depreciated just 10.2 percent.

Read the article at MSN.

 

Coaching Drivers Towards Low-Risk Behaviors

By Jim Noble, Senior Vice President of Risk Engineering, eDriving

eDriving’s research confirms what other cognitive studies have shown – namely, that traditional training, whether virtual or in-person, can only do so much to change high-risk behavior behind the wheel. Does this mean coaching is ineffective?

Absolutely not. Especially when using training that is geared toward the modern adult learning styles. However, too many organizations use mobile-based training as their only behavior change tool. Personal performance guidance has been found to be the best method of reinforcing the ongoing low-risk behavior message while helping drivers develop new habits that will keep them safe while driving for work purposes.

Personal coaching conducted at the front lines is the key to reinforcing the culture-based driver safety message. Front line managers are best suited to understand the daily safety performance challenges each driver faces.

READ MORE

Speed, Safety and COVID-19

Driving behaviors have changed since the onset of COVID-19. One of the first changes that had to be dealt with was drivers going faster on roads that suddenly didn’t have as much traffic as before.

 

Holman Parts Distribution Receives Federal GSA Contract for OE Powertrain Units

The contract streamlines the procurement of powertrain products for government fleet operators

Holman Parts Distribution® announced the company has received a federal General Services Administration (GSA) Multiple Award Schedule contract. Through this contract, local, state, and federal government agencies are able to streamline the procurement of original equipment (OE) powertrain components such as engines and transmissions, reducing the time, cost, and administrative burden typically associated with the traditional bid solicitation process.

“The GSA program is a tremendous resource for government entities across the country and we’re looking forward to providing comprehensive powertrain solutions for fleet operators in this sector,” said Anne Williams, president, Holman Parts Distribution.

READ MORE

 

A Call to Action: Consider All the Possibilities of an Inbound Marketing Program

By Ed Pierce, Fleet Industry Marketer

A significant number of marketing tactics available today and the evolving state of marketing best practices challenge marketers to find the best, ROI-driven successful Inbound marketing strategies.

Your website, content development and marketing, social-media efforts, and email-marketing campaigns — all of your digital presence — work together to become an effective lead generation and qualification source.

Let’s look at specific digital tactics that address the needs of fleet service providers who generally face long sales cycle times as prospects assess numerous stakeholder needs, research a variety of different offerings involving providers from disparate fields, and weigh the pros and cons of each.

The result: building brand awareness and trust over a long buyer decision process is important, and a singular branding message must be delivered through multiple tactics. Here are a few:

READ MORE

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