Historically, during economic downturns, incidents of scam accidents have increased. The common “Swoop and Squat” staged accident typically involves two or sometimes three criminal vehicles. Image: National Insurance Crime Bureau The forecast of an economic slowdown in calendar-year 2023 has been extensively written about in many respected business publications, and it’s a […]
Scam Accidents May Increase as Economy Falters Read More »
The speaker lineup includes representatives from the City of Phoenix and City of Oakland, Calif., a commercial fleet operator, Element Fleet Management, and two of the largest Arizona utilities, Salt River Project and Arizona Public Service. Fleet Forward: The Tour announces the agenda for its first stop of the year, in Phoenix on Feb.
Fleet Forward: The Tour Announces Phoenix Agenda Read More »
The Frito-Lay Modesto site is 500,000 square feet, sits on 80 acres, and employs more than 1,100 associates. Frito-Lay announced the near completion of its Modesto, California, facility’s transformation into a showcase for sustainable manufacturing, warehousing, and distribution technologies, according to the company’s news release. The project was started in 2019 and supported by the
Frito-Lay Transforms California Facility Around Sustainability Read More »
Fleets should analyze all critical maintenance and repair parts and components costs like tires, brakes, as well as ADAS systems like lane departure warning. Visibility into these costs, as well as communication with drivers, can provide a better competitive advantage this winter. For many regions of the country, winter lasts long into March and it’s
Implementing Preventive Maintenance for ADAS Read More »
The recently completed Zeem Solutions EV charging depot next to Los Angeles International Airport has 26 180-kW dual-port chargers, three 30-kW single-port chargers, and 18 19.2-kW AC chargers. Combined with its other depot two blocks away, both sites pull a total of 10 megawatts of electric power. In an empty lot in
How a Fleet-as-a-Service Model Will Propel Electrification Read More »
The trend that started in October continued into 2023, with all eight major market segments seeing seasonally adjusted prices that were lower year over year in the first half of January. Pickups had the smallest decline at -9.3%, while compact cars and vans lost less compared to the overall industry (down 13.7%)
Wholesale Used Vehicle Prices Start Year Higher Read More »
NTEA’s OEM monthly chassis sales outlook is currently expecting 2022 to be flat overall compared to 2021. The forecast for 2023 calls for sales to grow by roughly 4% overall, with slow growth through 2026. Leading indicators around GDP, residential investment, unemployment rate, personal expenditures, and the consumer price index are pointing
How Recession, Inflation & Supply Chains Will Impact the 2023 Truck Market Read More »
Carvana founder and CEO Ernie Garcia details the Carvana acquisition of ADESA during an interview Aug. 17 at the International Automotive Remarketers Alliance’s Summer Roundtable conference in Nashville, Tennessee. Online used car dealer Carvana Co, the parent company of ADESA, which it bought last year in a $2.2 billion deal, faces a
Carvana Skirting Cliff Along Dire Financial Straits Read More »
EV sales in the U.S. in 2022 soared as new models, such as this 2023 Nissan LEAF, and high interest pushed sales volumes past 800,000 for the first time. In an auto market that saw total new vehicles fall 8% year over year, battery-electric vehicles (EVs) sales were a bright spot. Even
EV Sales Hit New Record Despite Down Auto Market Read More »
