Industry Indicators – Incentives and Rental Fleet Penetration
- Chart show’s ALG indicators from Sept./Oct. 2013 edition versus July/Aug. edition data
- Incentive spending hasn’t been affecting residual values on 36 month leases
- Rental fleet penetration has had zero impact on residual values recently
How California Investing Transportation Funds
- Automobile Club of Southern California just featured article on controversial issue – where and how the state is raising funds to deal with traffic jams and poor road conditions
- State fuel taxes, sales tax, and vehicle registration and other DMW fees are among the funding sources being considered
- Chart shows were those funds end up being spent with highways and freeways leading the way and transit right behind
Republicans in Congress Likely to Oppose DOE Advanced Vehicle Loans
The US Dept. of Transportation’s Advanced Technology Vehicle Manufacturing loan program is facing Republican opposition in Congress. The DOE recently announced an active outreach campaign for the loan program to deliver more than $15 billion to potential applicants. U.S. Rep. Darrell Issa, R-Calif., the head of the House oversight committee, previously said the auto loan […]
Taxi Company Sees Savings Switching Over to Propane Autogas
Taxi Cab Company of Tyler reduced its fuel costs by $10,578 in 2012 by running five vehicles on clean propane autogas. The cab and transportation company first switched to propane autogas two years ago. “I chose propane autogas because of the low cost of fuel, reasonable price of infrastructure, the safety factor and the positive […]
Garmin Appoints Director of Fleet Management and Commercial
Garmin’s Clive Taylor has been appointed director of fleet management and commercial business for EMEA and APAC to lead longer-term growth and success in the fleet sector. His new role is to manage the increasing demand for fleet services. Having been at Garmin for seven years specializing in the automotive market, his role in fleet […]
