The Brightest Minds in Global Fleet Management
The brightest minds in global fleet management, including the 2012 International Fleet Manager of the Year, will lead NAFA’s 3rd Annual International Fleet Academy this October in Tucson, Arizona. The first three speakers to be announced are former NAFA President Gayle Pratt, who recently retired from Ecolab; NAFA’s International Vice President, Joe LaRosa, CPA, MBA, […]
Enterprise Launches Virtual Showroom to Streamline Fleet Sales
Enterprise Holdings has released its Vehicle Sales Mobile (VSM) technology – a new app offering the company’s more than 400 local account reps a virtual showroom for customers to shop for and purchase vehicles. The global car rental companies is striving to streamlines its fleet sales through this new offering.
Enterprise’s local account reps and dealers with immediate access to up-to-date inventory, pricing, mileage and photos. Enterprise said that VSM links directly to Enterprise’s vehicle inventory through a single digital interface.
GM and Toyota Have Strongest Showing in Vincentric CPO Awards
The Vincentric Best CPO Value in America awards were launched last week and General Motors and Toyota each took eight Vincentric awards. Honda took best value passenger car brands, Lexus won best luxury brands, and GMC captured best truck brand award.
The awards recognize efforts manufacturers have put into quality improvements –
supported by strong CPO warranties that provide value to buyers of certified pre-owned vehicles, said David Wurster, President of Vincentric. Winners were identified by measuring which vehicles had lower than expected ownership costs given their market segment and price.
Pickups Saw Much Better Month than Fuel-efficient Vehicles
Alec Gutierrez Manager, Vehicle Valuation Kelley Blue Book Auction values declined a modest 1.2% in June led by declines in values of fuel-efficient vehicles. Pickup trucks saw a good month and were among the best performing segments overall with nearly no depreciation for the month. Values should continue to decline nearly 1% per month through […]
Depreciation Has Slowed for Vehicles Up to 8 Years Old
From Jonathan Banks, Executive Automotive Analyst for NADA Used Car Guide
After falling by 2.1% in May, depreciation for used units up to 8 model years in age slowed to just 1.1% in June, a figure in line with NADA's 1.3%. June's modest decline was substantially less than what has historically been recorded for month; NADA’s index jumped to 123.4 from May's 121.9.
