Many in-house fleet departments have experienced internal reviews where they are compared to outsourced suppliers, but for the fleet department at BT, the review created an all-new business.The in-house fleet department of the telecommunications giant turned from a potential customer into a supplier after it was decided its expertise couldn't be matched anywhere else in the industry.The fleet [...]
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The Pendragon Group, which owns fleet software provider CFC Solutions and its parent company, Pinewood, has confirmed that it is considering selling the companies."We can confirm that we are currently considering options regarding the future of this business and a further announcement will be made as appropriate in due course," it said in one of the gloomiest management statements so far [...][...] the company said: "The used car market has also been more difficult in the last four months with prices falling by approximately 5% per month on average, with executive and large 4x4 vehicles being hardest hit".
Want to see top motorcycle racing stars, trials displays and 2009 off road motorcycles from a dozen top manufacturers plus a variety of kit from dozens of stands?Well there's all this and much more at the Dirt Bike Show at Stoneleigh Park near Coventry between Thursday, November 13 and Sunday, November 16.This is the ninth year of the show and promises to be bigger and better than ever before with a host of top names from the world of on and off road racing plus trials stars of past and present.
As unlikely as it might seem right now -- with the U.S auto industry begging for government money to stay alive and sales at a 25-year low -- workers see glimmers of hope for Detroit's once-mighty Big Three emerging from the shifting power in Washington, D.C.Autoworkers told the Free Press they were uplifted by President-elect Barack Obama's promise Friday to help the [...]
The Pendragon Group, which owns fleet software provider CFC Solutions and its parent company, Pinewood, has confirmed that it is considering selling the companies."We can confirm that we are currently considering options regarding the future of this business and a further announcement will be made as appropriate in due course," it said in one of the gloomiest management statements so far [...][...] the company said: "The used car market has also been more difficult in the last four months with prices falling by approximately 5% per month on average, with executive and large 4x4 vehicles being hardest hit".
For the first time in its history, CAP has begun re-forecasting used vehicle values.Most severely hit will be the values of used vehicles powered by larger, thirstier engines, especially 4x4s.CAP predicts residual values will continue to fall until at least summer 2009.
General Motors Corp.'s shares plunged as much as 31 percent to their lowest level in 60 years Monday after analysts said they were pessimistic about the automaker's future -- and shareholders' ability to recoup any money -- even if the company gets federal aid.GM and Detroit's other automakers have asked Congress for additional aid. But that money would dilute GM's equity, leaving [...]
If General Motors' Buick Enclave was called the Toyota Enclave, or the Chevrolet Malibu was sold as the Honda Malibu, Detroit's biggest carmaker might not be teetering on the edge of bankruptcy.Some of GM's latest models have won rave reviews from motoring writers, a sign that it is once again producing cars and trucks that Americans want to buy.But even [...]
A good choice, I think -- here's the release:Miami, FL (Nov. 7, 2008) -- Calling the car a significant step forward for the company, the Southern Automotive Media Association awarded the 2009 Hyundai Genesis sedan its "Star of the Show" honors at the 38th annual South Florida International Auto Show at the Miami Beach Convention Center.
In September, before the credit crunch became a full-blown financial crisis, Chrysler marked the 25th birthday of the minivan.With the Dodge Caravan and Plymouth Voyager, Chrysler opened a new market segment, selling more than 12m over a quarter century as baby boomers bought them for their burgeoning families. Vans and pick-ups such as the Dodge Ram have been Chrysler's core [...]
DETROIT --General Motors Corp. said in a regulatory filing today it will indefinitely lay off 1,900 workers at its stamping and powertrain facilities starting in the first quarter of 2009.Those layoffs come on top of GM's announcement Friday that it would lay off 3,600 assembly workers, cut white-collar jobs and idle plants -- moves that would cut $5 billion in expenses.
If General Motors' Buick Enclave was called the Toyota Enclave, or the Chevrolet Malibu was sold as the Honda Malibu, Detroit's biggest carmaker might not be teetering on the edge of bankruptcy.Some of GM's latest models have won rave reviews from motoring writers, a sign that it is once again producing cars and trucks that Americans want to buy.But even [...]
If General Motors' Buick Enclave was called the Toyota Enclave, or the Chevrolet Malibu was sold as the Honda Malibu, Detroit's biggest carmaker might not be teetering on the edge of bankruptcy.Some of GM's latest models have won rave reviews from motoring writers, a sign that it is once again producing cars and trucks that Americans want to buy.But even [...]
IRVINE, California, Nov. 10 /PRNewswire/ -- Land Rover, the world's leading sport utility vehicle manufacturer, offers for the 2009 model year the most extensive, advanced luxury line-up in its 60-year history. The 2009 model year showcases Land Rover's commitment to building desirable, premium SUV's and includes the Range Rover, Range Rover Sport, LR3 and LR2.
IRVINE, Calif., Nov. 10 /PRNewswire/ -- Land Rover has entered the cycling market with a new sponsorship role for Land Rover-ORBEA, the young cycling development team based out of Portland, Ore. Looking to step into a first year U.S
BAE Systems Secures $66 Million In U.S Army Contracts For Mrap Spare Parts.ANNISTON, Alabama BAE Systems, under three separate U.S
Gordon Murray, the designer renowned for his F1 (Brabham and McLaren) and supercar (McLaren F1 and Mercedes SLR McLaren) creations is applying his skills to create a highly efficient city car and possibly a green supercar.His T.25 city car is still on the secret list but Murray has revealed that it could be produced in about three years in a variety of forms, priced from [...]Murray is convinced that the day of the big 4x4 SUV is passing: "In 20 years' time, we will look back and ask, 'Did we really use a two-and-a-half-ton car to collect the kids from school?'"
All-New Midsize SUV Chosen as 'Best Kept Secret' in Sixth Annual Awards * Rugged midsize SUV recognized for power, comfort and roominess * Newest Kia offers luxury features and company's most powerful engine to date.IRVINE, Calif., Nov. 10 /PRNewswire-FirstCall/ -- The recently launched 2009 Kia Borrego midsize SUV, already a recipient of a five-star crash safety rating for all seating positions in [...]
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