Expertly Managing a Growing Fleet
Growing pains! Managing an expanding fleet comes with its own set of problems, especially when there is no corresponding addition to staff. Donna talks about her strategies to deal with these growing pains. She also heads up NAFA's Safety Advisory Council and gives us some insight into the organization's current and future safety awards.
Monthly SAARs Q1 2012
- Auto sales soared in 1st 3 months of 2012 w/ seasonally adjusted annualized rates (SAARs) greater than 14M
- SAARs are highest since spring 2008, excluding Cash-for-Clunkers program in August 2009
- Pent-up demand from deferred auto sales during recession has finally come back to market
Real Transportation Equipment Investment – 1959 to 2010
- Transportation-related equipment (particularly trucks, but also autos) was one of two areas that suffered the most in equipment and software (E&S) stock value drops
- Stock value shrank an astounding 12% in real terms between 2008 and 2010
- If goal is to get stock of transportation equipment back to pre-recession levels, process still has lot of runway, according to TD Economics report
Online Reviews Boosting Traffic and Sales for Independent Dealer
Independent car dealer Certified Benz and Beemer of Scottsdale, Ariz., has boosted showroom traffic and sales nearly 25% using DealerRater’s Certified Dealer Program. Consumers like the full suite of online review gathering and leveraging tools for car dealerships. Certified Benz & Beemer has made it the focus of weekly sales meetings and awards have been […]
Used Vehicle Price Decline Persisting
Used car prices are continuing to drop, according to NADA Used Car Guide and its AuctionNet wholesale average price data. As gasoline prices continue to even out, compact cars are expected to see the biggest drop so far in June, falling 1.8%. Midsize cars were next on the list, dropping 1.1%.
