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FCA

As part of FCA’s national certified pre-owned vehicle dealer meeting, ADESA launched four simulcast sales from four of its auction locations: ADESA Golden Gate, ADESA Indianapolis, ADESA Kansas City, and ADESA Las Vegas.

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Mercedes-Benz, FCA Set Three Tiers for Subscription Services

Mercedes-Benz has provided pricing for its three-tier subscription service, while Fiat Chrysler Automobiles will offer Jeep Wave that will also allow drivers to use a vehicle for a monthly fee across three levels similar to a short-term rental.

Fiat Chrysler to Establish Captive Finance Company

Fiat Chrysler Automobiles will establish its own captive finance company by 2022 in a move that could involve the purchase of Chrysler Capital from Santander Consumer USA, the companies have confirmed.

Fiat Chrysler to Electrify 30 Models by 2022

Fiat Chrysler Automobiles unveiled a wide-ranging plan to electrify 30 of its models by 2022 and launch several new vehicles, including a midsize pickup and three-row Jeep SUV, as the company enters a new phase of financial health.

Fleet Sales Decline 12% in April

Vehicle manufacturers sold 12.2% fewer cars, trucks, vans, and SUVs to rental, commercial, and government fleet buyers in April compared to a year ago in what has become a softening market for new vehicle sales.

2015 Conference of Automotive Remarketing

The 2015 Conference of Automotive Remarketing, which is produced by Bobit Business Media, publisher of Automotive Fleet, celebrated its 20th anniversary in Las Vegas from March 18-19. Highlights included keynote addresses by Hall of Fame Buffalo Bills quarterback and cancer survivor Jim Kelly and Auction Broadcasting Co. Founder and CEO Mike Hockett Sr. Photos by Chris Wolski and Steve Reed.

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