May’s Manheim’s Used Vehicle Value Index
Cox Automotive Chief Economist Tom Webb has published Manheim’s Used Vehicle Value Index results for May. Full commentary can be accessed here, but below are a few highlights:
• Wholesale used vehicle prices increased in May for the second consecutive month. That brought the Manheim Used Vehicle Value Index to a reading of 124.5 for May, a 0.6% gain YOY – the first since December of last year.
• Consecutive increases in April and May will be temporary, but do suggest that dealers have continued to achieve efficiency gains that are allowing them to bid up auction prices even as gross margins narrow.
ALD partners with Autocorp in Argentina
ALD International's CCO Kent Bjertrup announced a new partnership for the global fleet company: Autocorp, one of Argentina's leading providers of rental and leasing services.
Dane Bremer of Liberty Mutual Named New Chairperson of NETS
The Network of Employers for Traffic Safety (NETS) is pleased to announce the election of Dane Bremer, Director – Corporate Safety & Global Business Continuity for Liberty Mutual, as NETS Board Chairperson for 2016 and 2017.
"Dane brings energy and experience to NETS and understands the important role employers can play in making our roads safer. I know he will lead NETS efforts to make road safety an employer priority—one that focuses on all employees, their families and the communities where the employees live and work," said Jack Hanley, Executive Director of NETS.
Last Chance to Save!
Early bird pricing for the 2016 AFLA Annual Conference ends tomorrow (Friday, June 10)!
Don't miss your chance to save $125 off your registration to the premier fleet conference of the year. Register now to join us in San Diego from September 18-21!
Experience San Diego This year’s conference will feature multiple networking options that will give you the true San Diego experience. Learn some naval history while taking in stunning views aboard the USS Midway, challenge your colleagues to a race around the track at K1 Go Karts, hit the links for the Pete Z golf scramble, or relax by the pool, all while interacting with leaders of the fleet industry. Make sure to add one of the great networking events during your registration process!
Already registered, but missed the networking options? Simply login to your AFLA account, click register and choose modify an existing registration.
Beat Cons & Stress, Conquer Tomorrow
An $8,000 tow? That got our attention! On Accident Management’s latest column ‘Don’t Get Burned by a Towing Con' could save you a few ill-spent bucks!
Anytime a company integrates another company into their business there is often a deep chasm of uncertainty over the outcome. I have lived this story.
So ever since Element Financial announced the purchase of GE Capital Fleet Services, we have been talking with members of Element’s leadership team about the integration’s progress. Mark Hayes, Element’s senior vice president of marketing, updates us on their approach and the current state of the integration of these two powerhouse fleet management companies in Q&A: Mark Hayes -- 'Confidently Conquering Tomorrow.' A key to his confidence? Listening.
Feeling stressed out? Read Mike Cieri's article in Talent Management for some clues on how to ease up.
Janice Sutton
Editor in Chief
