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Auto Fleet - September 2011

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In This issue:

The State of the Wholesale Used-Vehicle Market
High demand and scarce supply has resulted in extremely strong resale value, which are forecast to persist for the next several years.

Hertz to Acquire Donlen: An Interview with CEO Gary Rappeport
With record revenues and profits and nearly a half-century as a family-run business, Donlen Corporation agreed to sell to Hertz Global Holdings. Donlen will operate independently as a separate, wholly owned entity of The Hertz Corporation.

Increase Executive Safety Consciousness Without Committing Career Suicide
A safety policy can be tough to enforce if the CEO violates it. Ways to keep executives in line without getting fired are discussed.

BMW North America President Outlines Fleet & product Strategies
President Jim O’Donnell answers questions about the company’s fleet strategy, future product introductions for BMW and Mini brands, and the forthcoming launch of the “i” sub brand – the i3 all electric and i8 plug-in electric hybrid.

GM’s Jeff Hoag Discusses Fleet Sales Plans & Goals
Building on the foundation of his predecessor Bill Gibson, Hoag reviews his commitments in his new role and how he plans to leverage his years in the fleet industry.

The IARA Celebrates 10 Years
The International Automotive Remarketers Alliance (IARA) is the “voice” of remarketers in all industry segments, including fleet. The IARA has had a strategic partnership with Bobit Business Media since 2006.

Key Milestones in Fleet Remarketing
Since J.M. Rawls held the first auto auction in 1938, wholesale vehicle remarketing has grown to a multi-billion dollar industry.

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