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Fleet Operations

Managing Fleet with a Long-Term Perspective

If you implement fleet programs that contribute to the achievement of overall company-wide goals, you will get the attention (and praise) of senior management. You must view vehicle acquisition, replacement planning, funding alternatives, and sourcing alliances with manufacturers and suppliers as high-level strategic corporate decisions. Without long-term planning, it is impossible to have a well-managed fleet.

Effective Communication Enhances Fleet Image

Increasing professionalism is helping drive fleet management out of the “dirty garage” stereotype. Effective communication with public officials, citizens, supervisors, and customers can further improve the image of fleet operations.

Hyundai Seeks to Expand Its Commercial Fleet Market Share

Hyundai is on a roll with strong retail sales and views commercial fleet sales as an opportunity to further expand its reach into the U.S. market. It recently assembled a new fleet management team to expand its commercial fleet sales.

Leasing and the Price of Risk

Open-end leasing comes with residual value risk but no restrictions and greater control. Can it work for your small fleet?

The Dangers of Extending Replacement Cycles

Vehicle replacement policy is one of the most critical aspects of fleet management. Nearly all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. In a recessionary economy, senior management demands expense reductions and there is pressure to defer vehicle replacements. However, such a policy change could actually prove to be counterproductive to the intended goal.