LeasePlan Updates
New ePlan video tip: Why and how to place a stock order in ePlan
When it’s time to place an order for a not vehicle, not only is making the correct vehicle selection important – there are other questions you should
ask. Is the vehicle you want to order close to being built out? Do you have an immediate need for the vehicle? If you’ve said yes to either of these questions, perhaps a stock order is the correct solution for you.
Check out the process for placing a stock order within ePlan:
2017 Order Cut-Off Dates
2018 Order Start-Up Dates
December 1, 2016
•
Chevrolet Equinox w/3.6L engine
•
GMC Terrain w/3.6L engine
Have you started planning your fall vehicle orders?
Manufacturing delays on certain makes and models
can significantly impact delivery timing. Check out your
fleet vehicles’ order cut-off and start-up
dates.
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Upcoming Events
March
14
The Work Truck Show 2017
Indianapolis, IN – March 14-17
2017
April
25
NAFA I&E 2017
Tampa, FL – April 25-28
2017
Industry News
Trump Picks Chao to Head
DOT
President­-elect Donald Trump announced on Nov. 29 that he will nominate
Elaine Chao to serve as Secretary of Transportation.
No stranger to the Executive Branch, Chao served as secretary of labor
throughout President George W. Bush’s two terms and as deputy secretary of
transportation under President George H.W. Bush.
Born in Taiwan, Secretary Chao arrived in the U.S, with her family in 1961
at age 8. She was the first Asian American woman and the first Taiwanese
American in history to be appointed to a Cabinet post.
Chao’s prior government service also included stints as director of the Peace
Corps, chairman of the Federal Maritime Commission, deputy maritime
administrator, and White House Fellow. Prior to her government service, she
was a vice president at BankAmerica Capital Markets Group and a banker
with Citicorp. In addition, she has served as president and CEO of the United
Way of America charity.
Chao holds an MBA from Harvard Business School and an economics degree
from Mount Holyoke College.
Read more here.
Source: Work Truck Online, November 2016
Remarketing
Update
Prices & dealer bidding
softens as Q4 continues
Volume weighted, Black Book indicated overall car segment values
decreased by 0.69 percent last week, higher than the depreciation
rate of 0.59 percent seen in the previous four weeks.
As Goyal referenced, sporty car, premium sporty car and compact sar
As the wholesale industry moved closer to Thanksgiving, both prices —
segments declined the most by 1.22 percent, 0.84 percent and 0.79
especially for sports cars — and bidding in the lanes noticeably softened
percent, respectively.
as recapped in the latest Black Book Market Insights report.
Volume-weighted, editors determined overall truck segment values —
The report noted an increase in depreciation for nearly all segments
including pickups, SUVs and vans — decreased by 0.66 percent last
across the board as the industry gets deeper into the fourth quarter.
week, higher than the depreciation rate of 0.51 percent seen in the
Although most segments are seeing accelerated declines, Black Book
previous four weeks.
editors mentioned compact vans stood out by holding their value steady
from the previous week.
Black Book found that the midsize crossover/SUV, minivan and
compact crossover segments declined the most by 1.30 percent, 0.99
“Steeper declines, typical in the fourth quarter, continue across all
percent and 0.77 percent, respectively.
segments. Sporty cars experienced the most, driven by seasonality,”
said Anil Goyal, Black Book’s senior vice president of automotive
Read more here.
valuation and analytics.
GM expanding alt-fuel
heavy-duty pickup lineup
Source: Auto Remarketing, November 2016
Manufacturer
News
vehicles in the first quarter of 2017.
GM will offer the alternative powertrains for Chevrolet vehicles including the
General Motors is expanding its lineup of heavy-duty pickups and
Express Cargo (2500, 3500, and 4500), Express Passenger (2500 and 3500),
vans fueled by compressed natural gas and propane autogas for the
Silverado HD, and Low Cab Forward (3500 and 4500). GMC vehicles include
2017 and 2018 model years, which will bring its alternative fuel lineup
the Savana Cargo (2500, 3500, and 4500), Savana Passenger (2500 and
to more than 25 vehicles.
3500), and Sierra HD.
Chevrolet and GMC will partner with Power Solutions International,
Read more here.
Inc. (PSI) to equip the vehicles with the alternative-fuel powertrains.
Source: WorkTruck Online, November 2016
GM will use its ship-through network to deliver the vehicles to dealers
where a fleet representative could pick it up. Fleets can begin ordering
Vehicle Technology
New NHTSA driver distraction guidelines target mobile
devices
The National Highway Traffic Safety Administration has released proposed
help designers of mobile devices build products that cut down on
guidelines to help address driver distraction tied to cell phones and other
distraction on the road.”
mobile and aftermarket electronic devices.
The proposed voluntary guidelines are intended to help inspire
The Nov. 23 announcement covers the second phase of voluntary
developers of portable and aftermarket electronic devices to create
guidelines aimed at addressing driver distraction on U.S. roads. The first
products that reduce the potential for driver distraction, according to
phase focused on devices or systems built into the vehicle at the time of
NHTSA. The guidelines encourage manufacturers to implement features
manufacture.
such as pairing, where a portable device is linked to a vehicle’s
infotainment system, as well as Driver Mode, which is a simplified user
“As millions of Americans [took] to the roads for Thanksgiving gatherings,
interface.
far too many [were] put at risk by drivers who are distracted by their
cellphones,” said U.S. Transportation Secretary Anthony Foxx. “These
Read more here.
commonsense guidelines, grounded in the best research available, will
Source: Automotive Fleet, November 2016
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