October 14, 2008
Luxury, highline cars are among the vehicles with the largest adjustments.
Tags: adjustments, Black Book , luxury, wholesale market
June 19, 2008
GAINESVILLE, GA - Black Book reports that the market trends seen during the past several months are continuing, as the truck market has once again experienced a higher rate of depreciation in the past three months
Tags: truck market , Black Book
May 15, 2008
Three year old used cars depreciated less in the three month period ending May 1, 2008 than in the previous three month period, which ended April 1, 2008, according to Black Book.
Tags: Black Book , fuel economy, used cars, vehicle depreciation
April 17, 2008
The average values of vehicles produced between 2005 and 2003 dropped roughly 16 percent, from $17,345 to $14,441, since March 2007.
Tags: Black Book , market values , rising gas prices, used car value, used cars
February 21, 2008
To provide subscribers with the most timely, independent and accurate information in the industry, Black Book will begin to offer daily updates of used vehicle values this spring.
Tags: Black Book , used vehicles
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By Mike Antich Replacement tires are the third-largest expense category for fleets. In the past three years, this expense category has grown as a result of multiple price increases from all major tire OEMs. In 2008, year-to-date tire replacement costs have increased 4-10 percent. This follows a 3-4 percent price increase in 2007 and an 8-10 percent price increase in 2006. The consensus is replacement tire prices will increase again in 2009.
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
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42nd Annual Automotive Fleet Fact Book Guide 2008-2009 U.S. Fleet Statistics by Industry Segment, Census of the Commercial Fleet & ‘Non-Fleet’ Market, U.S. New Car Fleet Registrations and much more…