Finance Archives - Page 3 of 3 - Fleet Equipment Magazine
Peterbilt Model 220EV eligible for $95,000 CARB HVIP voucher

Peterbilt Motors Co.‘s 2020 Peterbilt Model 220EV is now eligible for the Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) program by the California Air Resources Board (CARB). All Peterbilt Model 220EVs sold to customers in California are eligible for a $95,000 HVIP voucher. To receive a voucher, vehicle purchasers and participating dealers

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CONSUMER FINANCING: KNOWLEDGE = SALES

Are you leaving potential sales on the table, so to speak? Evidence suggests that automotive merchants may be missing out on sales because they are not optimizing their in-store financing program. By contrast, merchants who promote in-store credit may see average ticket sales improve due to the flexibility promotional financing can provide. Synchrony’s most recent

Trimble enhances, adds new integration to TMT Solutions for transportation

Trimble has announced new enhancements for its TMT Service Center and TMT Fleet Maintenance solutions, as well as a new integration with KeepTruckin’s mobile communications tool. “As the COVID-19 pandemic has shown, maximizing asset uptime is a critical component to keeping the supply chain moving,” said Renaldo Adler, industry principal for asset maintenance with Trimble

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State of Sustainable Fleets report: Most fleets plan to increase, continue use of alternative fuels

Gladstein, Neandross & Associates (GNA) has released the results of a new “State of Sustainable Fleets” report, sponsored by Daimler Trucks North America (DTNA), Shell Oil Co., Penske Transportation Solutions and Exelon Corp. Among the findings of the report: Natural gas, propane, battery electric, and hydrogen fuel cell electric vehicles, the four sustainable vehicle technology platforms

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Volvo Trucks North America talks electrification, the truck market, and redesigned trucks

It’s certainly been an odd time to be in the trucking industry (or any industry, really), but nonetheless Volvo Trucks North America has made plenty of headlines this summer. Among them: redesigns of its VHD vocational model and its VAH auto hauling truck; offering of its uptime services package free to customers; and, in April,

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Think beyond the initial cost: The value of work truck total cost of ownership

When deciding on the specifications of a new work truck, it can be tempting to make decisions based only on the sticker price. As the costs of maintaining a work truck fleet continue to rise, some operations are trying to lessen their overall spend by purchasing lower-cost trucks upfront. Considering just the acquisition expenses in

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Alternative Fuel tax credit retroactively extended for propane autogas vehicles

The Propane Education & Research Council (PERC) is encouraging propane autogas fleet operators to take advantage of the Alternative Fuel Tax Credit, which was recently passed by the U.S. Congress as part of the Further Consolidated Appropriations Act, 2020. Propane autogas fleet operators who apply for the tax credit will be able to claim a

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Mack offering enhanced finance packages amid Coronavirus situation

Mack Financial Services (MFS) is offering several enhanced and unique finance programs to help customers of all segments during the current Coronavirus situation. MFS is offering four finance programs, all of which extend the first payment date for qualified buyers. Programs are for model year 2020 and 2019 Mack Anthem, Pinnacle, Granite, LR and TerraPro models.

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Consumer Financing: Knowledge = Sales

Are you leaving potential sales on the table, so to speak? Evidence suggests that automotive merchants may be missing out on sales because they are not optimizing their in-store financing program. By contrast, merchants who promote in-store credit may see average ticket sales improve due to the flexibility promotional financing can provide. Synchrony’s most recent