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Fleet Financials - May/June 2005

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In this Issue:

Illinois Tool Works Consolidates 7,500-Unit Fleet Through Strategic Sourcing
Gary Anton of Illinois Tool Works knew that the company’s growing fleet contained a gold mind of hidden savings; he also knew that pulling together the purchases of dozens of operating units would not be an easy task.

Residual Value Trends and Forecast
With the rising incentives becoming the norm, used-vehicle prices are determined by used-vehicle supply, wage growth to predict consumer demand, and net new-vehicle prices to forecast competitive vehicle demand.

Top Trends in Fleet Accident & Driver Risk Management
These include increases internet-enabled real-time communication, new technology applications, increased cost of replacement parts, and, perhaps most importantly, a growing shift toward focusing on driver risk management.
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