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Economy

Nearly three of four respondents to Government Fleet’s 2016 financial survey said budgets have returned to 2010 levels, and low fuel cost was one of the biggest contributors to operating budget reductions.

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How the Improving Economy Is Affecting Fleet Budgets

The economy is undoubtedly improving, and oftentimes, public fleet finances are improving along with it. In a Government Fleet survey, 59% of respondents said their fleet finances are back to pre-recession levels and 80% said they’re optimistic about the future, but others still face challenging times and fear their budgets will never get back to “normal.”

Brazil to Reduce Vehicle Tax Breaks

The Brazilian government stated it will gradually roll back tax breaks on cars 2014, amid worries from producers that higher duties could hit sales in the South American country.

Taking the Pulse of Public Sector Fleet Management

The past few months have given me the opportunity to talk "fleet" with a large number of public sector fleet managers at the GFX and NAFA conferences. These conversations have allowed me to take the pulse of public sector fleet management. Based on my conversations, here what's on the minds of government fleet managers.

No Doom & Gloom: Fleet Managers Must be Leaders

The current economic situation is forcing public sector fleet managers to take a hard look at how they operate their fleets and make adjustments to cope with budgetary shortfalls. Savvy fleet managers know their local and state tax revenue forecasts for the immediate and long-term future. These fleet managers have contingency budget strategies planned before upper management directs them to cut costs or reduce capital purchases.