Wheels Donlen’s parent company has signed a Stock Purchase Agreement to acquire LeasePlan USA, and subsequently combine the business with Wheels Donlen to create a unified fleet management business.
In five decades as a fleet professional, Gail Watson has witnessed and managed wholesale industry changes. Her advice upon retiring: “Don’t be afraid to try new things!”
The new combined Executive Leadership Team (ELT) consists of equal representation from each company and strives to set, meet, and exceed high internal expectations despite functioning as two companies as they work through a seamless and strategic corporate structure and transition plan.
Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
Wheels Inc, and GM's OnStar Business Solutions announced they are working together to enable their mutual fleet customers to access a wide array of vehicle information utilizing the OnStar embedded hardware available across most of GM’s vehicle lineup.
Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
Increased fleet orders for trucks and vans created backlogs at upfitter facilities, increasing lead times and missed ship-thrus. A shortage of rail autorack carriers further delayed deliveries. Despite this, order-to-delivery for most units was similar to 2017.
More SUVs, the retention of higher mileage vehicles, and new methods of remarketing are some trends fleets are observing in the wholesale market.
Order cut-off dates for several 2018 model year truck models are fast approaching, according to Wheels, Inc. General Motors and Fiat Chrysler Automobiles have announced earlier than normal cut-off dates as they plan to move production and retool their plants in preparation for upcoming new designs and changes.
Fleet management has migrated from the garage to the Excel spreadsheet. We don’t have to wonder anymore about whether that compact car really is more expensive to operate than a comparable small SUV. Now the data can give us the answer.
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