Holman Receives Inaugural Diverse Supplier Award from ExxonMobil
Holman, a global automotive services organization, is honored to announce the company recently received the 2023 Diverse Supplier award from ExxonMobil.
Holman is the inaugural recipient of the award which recognizes a diverse supplier who delivers superior performance that aligns with ExxonMobil’s expectations and values.
“We take a great deal of pride in helping clients such as ExxonMobil establish a diverse supplier base and working together to continue driving what’s right,” said Chris Conroy, Chief Executive Officer, Holman.
8 Disruptive Factors that Defined Fleet in 2023
By Gary Mott, President, FLD Remarketing
By all accounts, 2023 was a disruptive year for fleet. From continued challenges brought on by the pandemic, to supply chain issues and lingering shortages, it seemed at times that fleet just couldn’t get a break.
While it appears vehicle availability picked up towards the end of 2023, the UAW strike, and the need to retrofit plants to produce electric vehicles, has thrown a return to pre-pandemic production levels into question.
And further, given that fuel costs are a full 40% of most fleet budgets, even the slightest increase can have a crippling effect on the industry.
Utilizing Advanced Connected Vehicle Data to Optimize Lot Management
By Kapil Arora, Chief Sales Officer, CerebrumX
For many years, the vehicle fleet industry and auto dealerships have constantly adjusted inventory expectations due to shifting supply chain constraints and lot management challenges.
These constraints have impacted vehicle acquisition, parts sourcing and transport of new vehicles.
Fleet allocations will only continue to grow, and it is important for fleets and auto retailers to identify new solutions via advanced connected vehicle data to maintain profits and customer expectations.
FMW Solves Providers’ Chief Challenge: How to Accelerate Branding, Lead Generation When Budget Is Tight
By Ed Pierce, Fleet Industry Editorial & Marketing Consultant
FMW Brand Acceleration helps fleet product and service providers continuously build their brands’ value story and generate sales leads, without the hassle of finding and paying a premium for a generalized branding, marketing, or PR firm.
FMW Brand Acceleration supplements editorial coverage with a full array of fleet-focused marketing activities that begin with consulting, branding, marketing, and lead generation strategies.
Rental Company Sixt Phases Out Tesla EVs From Fleet
German-based rental car company Sixt has announced that it’s phasing out Tesla electric rental cars from its fleets because of reduced resale costs.
Sixt isn’t the first rental car company to push back on EVs. A few months ago, Hertz announced that its EV rentals were a money loser, with many of the benefits extolled by EV advocates never materializing.
The cars broke down more often than expected and were more expensive to repair than the comparable ICE car. The resultant price cuts and surge in sales have hurt resale value, Hertz said that residuals of EVs as a whole have dropped by about a third. For a rental company that will periodically replace its fleet, that’s not great news.
