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Business Fleet – Market Trends

Obama’s Stimulus Package Offers Funds for Fleet

February 23, 2009

On Feb. 17, President Obama signed into law the American Recovery and Reinvestment Act. The $789 billion economic stimulus legislation is comprised of $507 billion in spending programs and $282 billion in tax relief. The legislation includes significant new funding for fleets, such as $300 million for diesel emission retrofit grants; $300 million to establish a grant program through the DOE's Clean Cities Program; and $300 million for acquisition of energy-efficient vehicles by the federal fleet

Tags: Economic Stimulus, Taxes, Obama, stimulus bill

Author: Mike Antich | Posted @ Monday, February 23, 2009 10:50 AM

NHTSA Crash Standards to Change in 2011-MY

February 17, 2009

NHTSA's testing and safety criteria for front- and side-impact crashes and rollover resistance have not been substantially revised since the agency started crash testing new models 30 years ago. Recognizing that nine out of 10 vehicles routinely score either four or five stars, NHTSA wants to increase the standards for front- and side-impacts, along with more stringent rollover testing. NHTSA is poised to implement a revised five-star safety rating program starting with 2011 model-year vehicles.

Tags: NHTSA, Safety Ratings, 2011-MY, crash tests

Author: Mike Antich | Posted @ Tuesday, February 17, 2009 12:17 PM | » Comments(1)

Fleet Car Maintenance Costs Increase 5% in 2008-CY

February 8, 2009

Overall fleet car maintenance costs rose 5 percent for the 2008-calendar year compared to 2007, primarily due to increased prices for replacement tires and higher labor rates. Partially mitigating these increases were flat PM expenses and increased vehicle quality, resulting in fewer warranty claims and vehicle recalls. These findings are based on a survey of actual maintenance expenses of 70,374 passenger cars conducted by GE Capital Solutions Fleet Services.

Tags: operating costs, GE Capital Solutions Fleet Services, maintenance costs, study

Author: Mike Antich | Posted @ Sunday, February 8, 2009 7:22 PM

EPA Names Idle-Reduction Systems Eligible for Federal Excise Tax Exemptions

February 2, 2009

Last year, the U.S. Congress granted an exemption from the 12-percent federal excise tax for truck idle reduction systems. Recently, the Environmental Protection Agency (EPA) released a list of approved idle reduction systems eligible for the federal excise tax exemption. The exemption applies to sales and installation of these systems since Oct. 4, 2008.

Tags: idling, mileage, federal excise tax, truck fleet, EPA

Author: Mike Antich | Posted @ Monday, February 2, 2009 11:27 AM

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AUTHOR BIO

Mike Antich

Editor and Associate Publisher

Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing. He was inducted in the Fleet Hall of Fame in 2010.

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