Have Midsize Trucks Gotten Out of Hand?
The next time you’re in traffic and happen to spot a new midsize truck from Toyota, Chevy, or Ford, pay attention to its size. Really, you might have little choice but to mind these midsizers, which are technically smaller trucks than their full-size siblings.
But “smaller” is a relative term that may no longer apply to most new trucks. Do you think midsize trucks have gotten out of hand?
Midsize trucks were formerly the best choice for folks who regularly hauled less, towed less, or just wanted to pay less than for a full-size pickup. But the price difference between new mid- and full-size trucks is now getting to the point where you might as well spring for that double-cab Tundra over the Tacoma.
Lotlinx Q2 Vincensus Report: Cyber Event Impacted Dealership Inventory Risk Levels, Markdown & Pricing Strategies
Lotlinx, one of the auto industry’s leading VIN-specific data company for dealership inventory management, announced its Q2 Quarterly Vincensus Report, the most comprehensive monthly/quarterly inventory report in the industry.
While the CDK Global hack significantly impacted June’s sales, sales rose by 10% for new vehicles and held steady for used vehicles QoQ.
"The recent industry-wide cyber-attack had a significant impact on both new and used vehicle inventory risk levels, disrupting normal business practices across the auto dealership industry," said Len Short, Executive Chairman of Lotlinx. "This event has compounded existing market challenges, compelling dealers to reevaluate and refine their markdown and pricing strategies..."
Adventures of a Lifetime
Steve Bender may be the bright, genial, mild-mannered president and owner of Fleet Street Remarketing, but it’s not his only love. Don’t miss This AFLA Season, Join Your Friends from Fleet Street on the Adventure of a Lifetime. Hint: There's a treasure map involved and seven exciting episodes on You Tube.
And speaking of AFLA, congratulations to the new members of the 2024-2025 Board of Directors. Meet these fleet leaders at the AFLA 2024 Annual Conference in San Antonio in September.
We are staunch supporters of our outstanding fleet industry associations, and none more so than NETS. Nominations are open for the NETS 2024 Road Safety Achievement Award and for fleet safety professionals in four categories. Winners will be announced at NETS 20224 Strength IN Numbers Fleet Safety Benchmark Conference in Atlanta – October 8-11.
Drive Safety!
Janice Sutton
Editor in Chief
FleetNet America Offers a Digital-First Solutions Marketplace
FleetNet America is a digital-first fleet solutions marketplace with over 60,000 service providers offering maintenance, roadside assistance, tires, glass and more.
ChargePoint (CHPT) Hits Network Milestone With 1 Million Charging Ports Available Globally
ChargePoint’s network has officially reached the 1 million mark for available public, private, and roaming EV ports across North America and Europe. Additionally, the charging network shared that those ports have delivered over 10 billion all-electric miles to drivers to date.
Company CEO Rick Wilmer spoke about the milestones: With more EVs on the road, ensuring drivers have access to reliable charging everywhere they need it is imperative. Enabling access to more than one million ports, on a network that has enabled more than ten billion electric miles to be driven, underscores ChargePoint’s commitment to delivering a world-class driver experience.
