Driving Dynamics' Liggio Buys Out Retiring Owners

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July 18, 2017
<p><em>Photo of 2018 Equinox courtesy of GM.</em></p> 2018 Chevrolet Equinox Diesel Priced at $31,435

Chevrolet's diesel-powered 2018 Equinox will retail for at least $31,435 when it arrives later this summer as a rare diesel compact SUV with few competitors, CarsDirect.com is reporting.


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<p><em>Liggio</em></p> Driving Dynamics' Liggio Buys Out Retiring Owners

Art Liggio, Driving Dynamics' president and CEO, has acquired the fleet driver training company from its retiring founders with the help of an investment firm and Philadelphia-based financial institution.


<p><em>Kontos</em></p> Wholesale Prices Softening Despite YOY Increase in June, Kontos Says

Average wholesale prices in June were down vs. June but up vs. a year ago. A drill down into the data, however, reveals price softening on a year-over-year basis when accounting for sales type, vehicle age, model class, and mileage, KAR Chief Economist Tom Kontos said today.



<p><em>Photo by Vince Taroc.</em></p> Gasoline Falls to $2.25 Per Gallon

The national average price of regular unleaded fell 1 cent to $2.25 per gallon for the week ending July 17 due to near all-time levels of demand while supply has ebbed lower.


<p><em>Langmandel</em></p> Are You Overspending On Depreciation?

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<p><em>Photo of 2012 Tacoma courtesy of Toyota.</em></p> Vehicle Depreciation Shows Pockets of Strength at Midway Point

The average price of a used vehicle for model years 2012 to 2016 decreased in value 1.3%, slightly more than the 1.2% decrease in May, according to Black Book. The price of cars overall dropped 1.8%, while trucks decreased 0.8% in value in June. All vehicles are averaging a 12-month depreciation of 16.7%.


<p><em>Photo courtesy of iStockphoto.com.</em></p> Take Automotive Fleet's 2017 Personal Use Survey

How does your company handle personal-use charges? How much does it charge? How often does your company perform a "true-up" or personal-use reconciliation? These are some of the questions Automotive Fleet will be answering in this year's personal-use survey.


<p><em>Photo: Jeep Compass</em></p> New Jeep Compass Offers SUV Advantages at Sedan Prices

Sponsored by Jeep
Fleet managers who wish to transition from sedans to SUVs should take a closer look at the all-new 2017 Jeep Compass, which offers fuel economy and total cost of ownership that is equal to or better than some mid-size sedans.


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Mike Antich
Editor and Associate Publisher
Market Trends
Human Nature Prone to Take Advantage of Docile Autonomous Vehicles

The co-existence between autonomous and human-controlled vehicles (along with others who use public roads) will bring new issues into play, primarily because self-driving vehicles will be built to be inherently law-abiding and risk averse. As we approach this new era, the question is how seamlessly will autonomous and human-controlled vehicles co-exist? One thing is certain, as we trail blaze new ground, so too will we trail blaze new problems.

Sherb Brown
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Nobody Asked Me, But...
Remembering the Coach

Three years have gone by since our founder Ed Bobit passed away. In many ways it feels like an eternity but in other ways it feels like he was just here yesterday. He was a larger-than-life force and left quite an impact on me, and on the fleet industry.

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Kevin Koswick, director North American Fleet Lease and Remarketing at Ford, was the first to present at Ford&rsquo;s MY-2018 Fleet Preview event at the San Diego Civic Theatre.
Ford's 2018-MY Fleet Preview
Ed Peper, U.S. VP, General Motors Fleet, opened the general session of the summit.
GM's 2018-MY Fleet Preview
The new Jeep Compass crests the Jeep hill during the ride and drive portion of the national fleet preview.
FCA's 2018-MY Fleet Preview
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