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Embattled Wells Fargo Chief Steps Down

Embattled Wells Fargo Chief Steps Down

Tim Sloan, president and CEO of Wells Fargo & Co., will retire June 30, the bank announced. General Counsel Allen Parker will serve as interim chief executive while the search for a new leader is conducted.

March 29, 2019

Auto Loans Reach $1.14 Trillion

Auto Loans Reach $1.14 Trillion

Average monthly payments for new-vehicle purchases ($530), new-vehicle leases ($430), and used vehicles ($381) all reached new highs, growing by 4% to 6% year-over-year. Auto loans now account for a full 8% of all outstanding consumer debt — up from 6% just a decade ago.

February 22, 2019

Recouping a Better Return When Selling Fleet Vehicles

Recouping a Better Return When Selling Fleet Vehicles

By implementing one or two new strategies — such as timing sales based on mileage or seasonality, expanding sales channels, or considering purchasing options — small fleet operators can return more money to their fleet’s bottom line.

January 25, 2017

3 Options for Selling Cars Online

3 Options for Selling Cars Online

The Internet offers several avenues for small fleets to remarket out-of-service cars, trucks and vans. Here are three ways to get started.

March 1, 2010