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Fleet management is the management of: Commercial motor vehicles such as cars, vans, trucks, specialist vehicles (such as mobile construction machinery), forklifts, and trailers; Private vehicles used for work purposes (the 'grey fleet' [1]) Aviation machinery such as aircraft (planes and helicopters) Ships; Rail cars
The CAFE achieved by a given fleet of vehicles in a given model year is the production-weighted harmonic mean fuel economy, expressed in miles per US gallon , of a manufacturer's fleet of current model year passenger cars or light trucks with a gross vehicle weight rating (GVWR) of 8,500 pounds (3,856 kg) or less (but also including medium-duty ...
A fleet vehicle is a vehicle owned or leased by a business, government agency, or other organization rather than by an individual or family. Typical examples include vehicles operated by car rental companies , taxicab companies , public utilities , public transport , and emergency services .
Once, "fleet sales" meant cheap sales of slow-moving models to rental fleets. Now, it's just as likely to mean a batch of Super Duty pickups sold to a commercial customer -- at a nice profit.
GM said its first-quarter U.S. sales dropped 1.5% to 594,233 vehicles sold compared with the year-ago quarter when GM's sales soared 17.6% with 603,208 new vehicles.
Managerial economics is a branch of economics involving the ... When to purchase or retire fleet equipment. ... In order to set a price that drives sales and firm ...
Some of the annual running costs of a car, which are important in the economics of ownership, concern the service life; a major factor for this deals with the uncertainty of the car lifespan. Many cars, particularly taxis, have achieved very high-mileage (miles driven) status, indicating that maintenance which can extend the car service life ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...