September 2008, Business Fleet - Feature
By Cindy Brauer
A group of 43 fleet professionals tested the newest iteration of Audi’s mid-size sedan on the racetrack, against competitors, and in the hills of California’s Sonoma wine country.
Tags: 2009 Audi A4, Audi
Authoritative & Targeted! We offer e-newsletters that deliver targeted news and information for the entire fleet industry. Subscribe to one or all of them...they're FREE. SUBSCRIBE!
View the latest eNews DRIVING FORCE
By Mike Antich Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.
By Mike Antich October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.
By Mike Antich
$10.00
In This Issue: AF Recognizes Fleet’s Women of Influence, Kraft Switches Sales Fleet to 4-Cylinder Models, In Their Own Words, Fleet Managers Speak (Truthfully) and much more…