September 2007, Business Fleet - Feature
By Chris Brown
Small business owners can "right-size" their cargo hauling needs with this all-new commercial minivan.
Tags: 2008 Dodge Grand Caravan Cargo Van, caravan, Cargo vans, Dodge Van, van
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By Mike Antich The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.
By Mike Antich Today, Oct. 7, the Federal Reserve Board announced that it is invoking emergency powers to create a special fund to support the U.S. commercial paper market. The announcement by the Federal Reserve allows corporations to bypass the current credit gridlock gripping the nation’s economy. This has an impact on the fleet market since one source of financing for large fleets is the commercial paper market.
By Mike Antich
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In This Issue: 14 Open-Vs. Closed-End Leasing Which is Right for You?, 16 Tips to Maximize Residual Value, Fuel Cards Can Save You Money much more…