The initiative that led to this notice from the IRS was spearheaded by members of NAFA, who sought to mitigate unintended tax consequences that the COVID-19 pandemic created for company drivers during the shelter-in-place mandates.
The industry quickly turned to online services when the pandemic hit, utilizing digital-only sales, which ultimately kept the industry from halting completely.
Commercial fleet sales from nine manufacturers totaled 65,135 in March 2020, representing an 17.7% year-over-year decrease.
Commercial fleet sales from nine manufacturers totaled 56,441 in January 2020, which represented a 3.7% year-over-year increase.
The Geotab Connect 2020 conference hosted approximately 1,500 attendees in San Diego, California, which was held Jan. 13 - 16, 2020 at the San Diego Convention Center.
The NAFA Pacific Southwest Chapter hosted a meeting where fleet representatives from several auto manufacturers presented updates on their products to various segments of the fleet industry at the Los Angeles Auto Show.
The Toyota Prius Prime still offers an amazing MPG, but also goes above and beyond for the 2020-MY year by making several upgrades that fleets and consumers alike will admire.
The program is available through nearly 1,400 dealers, including more than 500 Chevrolet and GMC Business Elite dealers, and is also available for mixed fleets.
Ford Motor Co.’s John Ruppert offers an insider's look at the rapidly evolving fleet industry and how original equipment manufacturers respond to new developments and emerging trends.
The Nissan is currently available in front-wheel drive with three variants. It’s powered by a 1.6-liter DOHC 16-valve 4-cylinder with continuous variable valve timing, and boasts 125 horsepower and 115 lb-ft of torque.
With six awards, the Fusion has won more times than any other vehicle. The latest refresh boasts the addition of adaptive cruise control and two new trim levels.
Since it last won the award in 2013, the Silverado has continued to improve elements that are important to fleets.
The Mazda CX-3 was updated for the 2018 model year with the addition of several new standard features, many of which fleet managers with an eye for safety will love.
The Silverado is available fleet specific-packages, including the Work Truck Convenience Package, the LT Fleet Convenience Package, and the LT Fleet Plus Package.
Compact SUVs have increased in popularity over the last few years, and the appeal for this class of vehicle was apparent during my test drive with the 2017 RAV4.