A new study from Maritz Automotive Research Group suggests the Cash for Clunkers program spurred more incremental sales than previously thought. The conclusion helps debunk the theory that C4C took away future sales. According to the study, 31% of July-August 2009 car buyers made a purchase specifically because of Cash for Clunkers.
Ford recently unveiled its first electric vehicle Transit Connect Electric small fleet cargo van. It will sacrifice 1/3 cargo weight capacity but no volume for the lithium-ion battery pack. The 80-mile range per charge is double that typical of daily fleet use.
The Conference of Automotive Remarketers includes the Consignor Recognition Awards ceremony in which LeasePlan highlights its top performers. The Top Sales Achievement Award went to ABC Birmingham with Manheim NJ and Manheim Arena Chicago receiving Outstanding Service Awards.
Tire vendors increasingly serve in an analytical consultant role for fleets as tire inventory and replacement are more often outsourced. As one of the top two operational expenses, tires warrant fleet management attention.
Digital billboards are replacing traditional ones at a rapid pace as profitable, shared advertising space. Safety concerns about driver distractions have the federal government studying the risks and some states considering moratoriums on new signs until the facts are established.