Volume Growing and Prices Softening, but Dealers Remaining Profitable
While used vehicle volume will continue increasing into 2014 and soften prices, dealers are expected to continue enjoying strong gross profits selling them. ADESA’s Tom Kontos says that a wider selection of vehicles is helping dealers be more specific to the needs of their market. Manheim’s Tom Webb thinks “supply will be excessive relative to demand.” Growth in supply has been coming from off-lease vehicles, rental return, commercial fleet lease, and more aggressive lending.
Army Testing Ultra Light Vehicle (ULV) Fuel Efficient Vehicles
US Army researchers have designed the Ultra Light Vehicle (ULV) Research Prototype to bring to the military fleet fuel efficient, versatile, and survivable vehicles. Final testing is beginning on the ULV platform to equip soldiers for missions across a full spectrum of mobility challenges. They’re being tested at the US Army Tank Automotive Research, Development […]
Five Bus Fleets Receive Propane Autogas Green Award
Metro Magazine and Propane Education & Research Council (PERC) honored five top fleets for their use of clean, domestic propane autogas at BusCon Expo in Chicago. Flint Mass Transportation Authority (MTA), Greater Cleveland Regional Transit Authority (RTA), Metro Cars, Port Columbus International Airport, and Unified Government of Wyandotte County each received a “Top User of Clean-Burning […]
GPS Fleet Tracking More Common now in Food and Beverage Fleets
Fleet and asset tracking are becoming more common than ever as executives and fleet managers at food and beverage distribution and logistics companies look to ensure the efficient and effective use of their fleets, assets, and employees. For example, in the supply industry, accurate delivery times are crucial to ensure the rest of the day’s […]
GPS Tracking Software Solves Wasted vs. Working Idle Time Problem
For fleets concerned about reducing vehicle idle time, GPS tracking software offers resources that can clear up the difference between wasted idle time vs. working idle time. For some fleets, it’s difficult to accurately compare wasted vs. working; for example, fleets operating trucks that run equipment such as booms or lifts typically need to leave […]
