Fed Pivots: With a Big Cut, the Journey to Stronger Retail Demand Begins
The Federal Reserve changed their tune dramatically from their stance at the last official meeting on July 31 by cutting the Fed Funds Rate by 50 basis points, double the consensus expectation of a 25-basis-point cut.
It may take several weeks or even months for consumers waiting on lower auto loan rates to see any meaningful change. With auto loan performance still shaky, lenders will be reluctant to reduce the spreads they charge to compensate for risk. That means that auto loan rates are likely to be sticky on the way down.
To read the detailed article on Cox Automotive, click here.
ABM eMobility Solutions: Answers to Your EV Questions
Operations leaders often ask us: How can an EV fleet improve my operation?
ABM eMobility solutions and technology help leading organizations scale EV efforts at the right pace while improving operational efficiency.
Have more questions?
The #1 installer of commercial EV charging equipment can help.
To learn more about ABM eMobility, click here.
Angus Norton of Lytx Discusses Crucial Truck Parking Safety Issues and Offers a Solution
By Fleet Management Weekly Staff
Lytx’s Chief Product Officer Angus Norton knows how to identify a problem, discover a solution to that problem, and then apply that solution to resolve the issue.
In this article, he discusses the challenges - and perils - of finding a safe place for truck drivers to park their rigs.
Lytx offers up a valuable solution that will promote safer parking for trucks and allow fleet managers to breathe easier, knowing that both drivers and assets are resting easy in a secure location.
"The Parked-Highway/Ramp feature can help prevent 'sitting duck' situations in which a truck is parked outside of a legal area and is struck by another vehicle. This feature can also help avoid nuclear verdicts and/or expensive citations resulting from injuries or fatalities that can result from dangerous parking situations."
Beyond Talent – The Unstoppable Power of Character
By Laura Jozwiak
In a world often obsessed with talent and skill, it’s easy to forget that character holds more weight in the grand scheme of things. You can be the most skilled in your field, but without strong character, your success will always have limits.
Character builds relationships, fosters trust, and creates a foundation for meaningful growth. It brings heart into your work, making you not only talented but also trustworthy and reliable.
Character isn’t something you can turn on or off based on circumstances. It’s like a warrior’s armor, always present, guiding you through both highs and lows.
When we lead with character, we create environments that encourage diversity of thought, innovation, and calculated risks.
Isuzu Announces its New EV Warranty and Available Complimentary Maintenance
Isuzu Commercial Truck of America, Inc. is excited to announce the warranty coverage for its new all-electric Class 5 Isuzu NRR-EV.
The new Isuzu NRR-EV is assembled in Charlotte, Michigan and offers four battery configurations (60kWh, 100kWh, 140kWh, and 180kWh) to meet varying customer range requirements. It also features an available telematics program, Isuzu360 TM NRR-EV customers will appreciate the added value of a robust warranty and complimentary scheduled maintenance that accompanies Isuzu360. In addition, NRR-EV powertrain limited warranty coverage will be up to eight years or 130,000 miles (whichever occurs first) when customers register for Isuzu360 TM .
Complimentary scheduled maintenance outlined in the owner’s manual is included for up to five years or 100,000 miles (whichever occurs first) when the vehicle is registered with the Isuzu360.
Read the press release
