FLD Names Mike Agnew National HD Sales Director
FLD, Inc.has announced the hire of Mike Agnew as National Heavy Duty Sales Director.
Agnew has more than 20 years of experience in the automobile remarketing industry, providing him with extensive experience necessary for successfully serving customer needs.
Element Financial Announces New Leadership Appointments for its Expanding Fleet Management Business
Element Financial Corporation just announced that Kristi Webb has been appointed as the new President and CEO of Element’s fleet management business and Jim Halliday has been appointed as Executive Vice President, Element Financial Corporation.
These appointments follow Element’s previously announced agreement with GE to acquire GE Capital’s remaining North American fleet management operations in the U.S. and Mexico, as well as GE Capital’s fleet management operations in Australia and New Zealand, for an all-cash purchase price of C$8.6 billion.
Buyers Paying More for Used Cars
New vehicle sales have been scorching hot this year, and they’re having an impact on the used car market making the available inventory younger and pricier. Used car sales are up 5.1% for the second quarter of 2015.
Used car prices hit an all-time high in the second quarter, averaging $18,800, for a 7.6% increase on a year-over-year basis, according to Edmunds.com. Not only are they more expensive, the average age of a used car dropped from 4.9 years to 4.5 years.
Average Wholesale Price Falls Below $10K
In the inaugural edition of Kontos Kommentary in video format, Tom Kontos reports that average wholesale vehicle prices fell below $10K for the first time this year in July.
NAFA Webinar: Alternative Fuels and Sustainability
Instructor: Amy Blaine, Vice President - Strategic Consulting, Analytics and Sustainability, Donlen
Date: Wednesday, September 2, 2015
Time: 12:00pm EST
Duration: 1 hour
The alternative fuel market is diverse and still developing, so understanding the various alternative fuel options that would work for your fleet might seem like a daunting task.
