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August 26, 2008

GM Announces $500 Million Investment for New Small Car

Chevrolet Cruze

LORDSTOWN, OH – GM announced it will invest more than $500 million in the U.S. to build the Chevrolet Cruze, an all-new global compact car.

Tags: Chevrolet Cruze, General Motors, global compact car

July 31, 2008

GM Delivers 17 Models That Get 30-Plus MPG on the Highway

Chevrolet Cobalt XFE and Pontiac G5 XFE are among the new models with EPA highway fuel economy of 36 and 35 mpg, respectively.

Tags: Chevrolet Cobalt XFE , fuel economy, General Motors, Pontiac G5 XFE

July 17, 2008

Chrysler Aims to Launch Electric Cars in 3 to 5 Years

The automaker’s new Envi unit is developing vehicles that are intended to run on battery power alone for about 40 miles.

Tags: Chevy Volt , chrysler, electric vehicles , Envi unit, Ford, General Motors, Toyota

July 10, 2008

GM May Sell a Mini-Car in U.S.

Chevrolet Beat

The Chevrolet Beat gets as much as 40 miles per gallon, a U.S. fuel efficiency topped only by hybrids.

Tags: Chevrolet Beat , General Motors, GM, GM Mini Car

June 12, 2008

Calif. EPA, GM Educate Drivers on 3K Oil Change Myth

AUBURN HILLS, MI AND SACRAMENTO, CA - In an attempt to reduce oil consumption, and thus environmental impact, the campaign encourages drivers to follow their vehicle manufacturer’s recommendations on oil changes.

Tags: 3k Oil Change Myth , California EPA, General Motors, GM Oil Life System

June 5, 2008

J.D. Power: Overall Initial Quality Improves

American Honda, Ford Motor Company, General Motors Corporation and Toyota Motor Sales each captured three Initial Quality Model awards.

Tags: 2008 Initial Quality Study , American Honda, Ford Motor Company, General Motors, J.D. Power and Associates , Toyota Motor Sales

May 8, 2008

Strike Causes GM Loss of Fleet Sales

Production and fleet sales are down due to a strike at a parts supplier, but GM hopes to make up production and fleet sales this year.

Tags: American Axle & Manufacturing Holdings , Fleet Sales, General Motors

May 2, 2008

GM and Mascoma Enter Into Biofuels Relationship

WASHINGTON, D.C. – General Motors Corp. and Mascoma Corp. have formed a strategic relationship to develop cellulosic ethanol to help address increasing energy demand.

Tags: General Motors, Mascoma Corp.

March 27, 2008

Vincentric Announces 2008 Best Fleet Value Awards

The General Motors and Toyota product lines both received high marks.

Tags: 2008 Best Fleet Value Awards , General Motors, Toyota, Vincentric

February 14, 2008

GM to Invest $69M to Build New Diesel Engine

The investment will include renovation of the DMAX plant in Moraine, Ohio, plus new machinery and tooling to support production of the Duramax 6.6 liter V-8 engine.

Tags: diesel, diesel engine, DMAX, General Motors, GM investment

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SEC Proposal to Allow Early Adoption of International Accounting Standards

By Mike Antich
On Aug. 27, the Securities and Exchange Commission raised the possibility that approximately 110 U.S. publicly traded companies will be able to use international accounting standards (IAS) next year and may require all U.S. companies to switch to IAS between 2014-2016. There is a 60-day comment period about the SEC proposal. Fleet leasing will be impacted by the adoption of IAS. It is probable that all fleet leases in the U.S. will need to be capitalized sometime in the 2011-2016 timeframe.

The Hidden Cost of Personal Use

By Mike Antich
With fuel prices remaining elevated, many companies are wondering whether they are charging enough for personal use. At some companies, this discussion is long overdue. When re-evaluating personal use charges, a common mistake is to focus solely on the cost of fuel, which is understandable because, after all, fuel is the catalyst for these discussions. However, doing so ignores the other “hidden” costs of personal use, which have also risen.

Fleet Becomes an Epicenter for Interdepartmental Encroachment

By Mike Antich

Strategic Fleet Management Focuses on Management by Objective

By Mike Antich

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Auto Fleet - November 2007

In This Issue:
High Cost of Fuel Increases Operating Costs in 2007, The Green Advantage, Comprehensive Fuel Management: More than Controlling Margins and much more…