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Used Fleet Vehicles Increase 2% in May

Fleet consignors continue to see relative strength compared to vehicles from dealers and...

Used vehicles from fleet consignors in ADESA sales increased 2% in May to $14,043 and were 5.5% above a year ago, according to monthly commentary from Tom Kontos, chief economist for KAR Auction Services.

News

Used Fleet Vehicles Increase 4.3% in April

Tom Kontos, KAR economist, reported strong wholesale sales of fleet vehicles in April.

Used vehicles from fleet consignors in ADESA sales increased 4.3% to $13,771 in April compared to March, and were up 4.4% from a year ago, according to monthly commentary from Tom Kontos.

News

Sixt's Q1 Revenue Hits $697M

Sixt's Q1 Revenue Hits $697M

Following this Q1 start, the managing board of Sixt confirms its outlook for the entire fiscal year of 2019 and plans investments of around 8 billion euros ($9 billion).

Article

Eliminating Hidden and Soft Fleet Costs

Graphic courtesy of Getty Images.

It never ends; management wants cost reduction, and fleet managers must come through, year after year. Beyond those ‘hard’ costs that are easily measured are soft and hidden costs that are equally important. Here are some tips on finding, and eliminating such costs in your fleet.

Video

Emkay President on Tax Reform Benefit for Employees

Emkay President on Tax Reform Benefit for Employees

Emkay President Greg DePace was invited to an interview on the Fox Business show Varney & Co. shortly after the fleet management company announced it would reward employees with a $1,000 bonus following the tax reform signed by President Donald Trump. For the full story, click here. Video courtesy of Emkay.

Article

TCO Champs: Crossovers or Sedans?

2017 model-year vehicles over a 36-month period with an average of 20,000 miles a year....

As consumers and automakers continue to migrate away from sedans toward crossovers, there are no clear winners when analyzing total cost of ownership of individual models.

Video

Fleet Hall of Fame: Dave Hansen, GM Fleet

Fleet Hall of Fame: Dave Hansen, GM Fleet

Dave Hansen, who previously served as general manager of GM Fleet & Commercial Operations for General Motors before his retirement, was inducted into the Fleet Hall of Fame at the 2017 AFLA Conference. Read the full story here.