Today, nearly 40% of commercial vehicles are considered medium-duty and that number is growing as businesses increasingly opt for smaller vehicles to save fuel costs, particularly for in-city deliveries,” said Thomas Tecklenburg, director of commercial vehicle original equipment and automotive aftermarket for Timken. READ MORE
Tesla Motors had its third Model S fire in five weeks on Wednesday, Nov. 6, near Smyrna, Tenn. It’s a stunning blow to the upstart luxury, high-performance electric carmaker; it illustrates the intensive difficulties of bringing a new technology to market and succeeding in the auto industry. READ MORE
National Conference State Fleet Administrators is hosting another in a series of free virtual fleet management roundtables. It’s an opportunity to join a discussion with your industry peers from across the US. You can develop contacts and references for best practices and benchmarking. READ MORE
There should be no ‘dead time’ on a vehicle with inventory available 24-7 upstream, mid-stream, or downstream.
Large fleets are switching over to leasing after looking at balance sheet liquidity and seeking better returns on investments.