Wheels Honored with Two Prestigious Stevie Awards
Wheels is honored to be recognized with two 2024 American Business/Stevie Awards: A Silver Award for Thought Leadership in the Fleet Industry Category, and a Bronze Stevie for Achievement in Diversity & Inclusion.
More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted for the Stevies this year for consideration in a wide range of categories. We are proud to have been recognized in two significant areas, as both categories are at the heart of Wheels’ culture and vision.
The Stevie Awards hold significant importance in the business world, recognizing the achievements and positive contributions of organizations globally.
Fleet Pro Focus: Sharon Etherington, Senior Manager at Roche Diagnostics
By Tod Trousdell, Marketing Consultant
At Fleet Management Weekly we’re big fans of fleet managers, who are the very backbone of our industry and some of the smartest, most talented people we know.
This week’s featured fleet manager is Sharon Etherington of Roche Diagnostics, a real ‘rock star’ in the industry.
What are the biggest challenges facing your fleet at Roche?
Ensuring a sufficient supply of vehicles in a timely manner to support our industry growth was a significant issue. This challenge has been largely addressed through strategic measures...
What about the fleet industry keeps you up at night?
The technology around fleet management is changing rapidly with AI, Telematics, Connected Data, IOT, to name a few.
Free Lytx Guide: How to Protect Drivers & Technicians from Heat Stress & Fatigue
Summer is here! In this new comprehensive report from Lytx, fleet managers and operators will find the best methods to help your drivers prevent heat stress and avoid down time.
When temperatures rise, driver fatigue caused by heat stress becomes a significant concern for companies with drivers and service technicians in the field. We have crucial information for you about the latest available technology designed to detect and mitigate heat-related driver fatigue.
Ensuring the well-being and safety of your employees is vital; this informative guide will help address this issue and provide you with actions to take to help protect your workforce.
To download the free Lytx guide, 'Ways to Beat Heat Stress', click here.
Used Retail Vehicle Sales Increase in May
According to an analysis of Cox Automotive’s vAuto Live Market View data estimates, retail used-vehicle sales in May increased from April and were up by 15.9% month over month. A total of 1.62 million used vehicles were sold at retail – from both franchised and independent dealers – during May, up 15.8% year over year.
Days’ supply at the start of May was 48, up from a revised 45 days at the beginning of April. Thanks in part to a pick-up in sales, used-vehicle inventory at the start of June had dropped back to 45 days’ supply. Both overall retail used-vehicle sales and sales of certified pre-owned (CPO) vehicles increased month over month in May, according to data reviewed by Cox Automotive.
Inflation Buster: New-Vehicle Prices Continue to Trend Lower, Are Down Nearly 1% Year Over Year in May, According to Kelley Blue Book Estimates
New-vehicle prices in May remained lower year over year for the eighth consecutive month, as higher inventory levels continued to hold downward pressure on transaction prices.
"In May, we saw some positive news on the sales front," said Erin Keating, executive analyst for Cox Automotive. "A lot of those sales gains were juiced by higher incentives and lower prices, which is good news for consumers worrying about inflation. While there are a lot of vehicles transacting at very high prices, that doesn't mean all new vehicles are unaffordable. There are still plenty of excellent, well-priced vehicles out there, particularly in the compact segments."
