Leasedrive on Urban Mobility; UK’s Changing Used Car Biz; Saltzgiver to Speak in Norway; Gas Gains on Diesel; European Car Slump

Leasedrive Publishes White Paper on ‘The Future of Urban Mobility’ Leasedrive, the UK’s largest independent privately-owned vehicle management group, has published a new white paper entitled ‘The future of urban mobility. An overview of current global initiatives and future technologies to help meet the challenges of urban mobility.’ Learn more Diesel Supply Risk for Fleets […]

Volvo Makes Agreement with Carfax on Certified Pre-Owned Program

Volvo Cars of North America has made an agreement with Carfax to provide vehicle history information for the Volvo Certified Pre-Owned program. Since 1999, Certified Volvo dealers have run a Carfax Vehicle History Report on all Volvo cars submitted for certification. Under the renewed agreement, Volvo and its Certified dealers are providing consumers with free […]

GM’s Strategy for Strengthening Residual Values and Boosting Profit

General Motors Corp. is aiming at boosting its profit margin by $200 million annually by improving resale values. Residual values rose to 44% last year from 36.5% in 2009 during bankruptcy reorganization, ALG says. Strong residuals mean that GM can offer customers lower monthly lease payments, as the cost is based on projected resale values […]

ALG Offers Economic Forecast and Impact on Residuals

Eric Lyman Director of Residual Value Solutions ALG ALG’s economic forecast says that US 2013 GDP growth is at 1.9%, with slow improvement into 2014. However, consumer confidence fell to the lowest point in over a year during January. The US economy has been stronger than other parts of the world, and is expected to […]