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NAFA members’ safety is important to us. Due to the escalation of severity with COVID-19 and the new Federal Government recommendations and CDC guidelines, NAFA Fleet Management Association’s Board of Directors met last week and agreed to postpone the NAFA 2020 Institute & Expo until September 18-20, 2020.
Fleet professionals today face an assortment of natural disasters, both external––such as tornadoes and floods, and internal––such as viruses and mass shootings. Worst-case scenarios are quickly becoming commonplace––from earthquakes, fires, floods, and tornadoes, to viruses such as COVID-19 that panic consumers and disrupt the national supply chain. The bottom line? Modern fleet professionals operate under extreme and unpredictable conditions, and they require actionable disaster plans to mitigate the impact of each of the most devastating natural events.
Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 1.35% month-over-month in February. This brought the Manheim Used Vehicle Value Index to 143.5, a 6.2% increase from a year ago and a record high for the Index. After a normal and steady trend in weekly Manheim Market Report (MMR) prices in January, February saw prices rise as the month ended. Three-year-old vehicle values in aggregate were up 1.1% for the month. Both non-luxury and luxury vehicles saw similar gains. This February’s performance was notably stronger than last year, as prices relative to the beginning of the year are up 0.9% when they were down 1.9% at this point last year.
NAFA, the vehicle fleet industry’s largest membership association, announces the winners for NAFA’s 2020 Fleet Excellence Awards (FLEXYs), the top honors in the fleet and mobility industry.
NAFA announces the finalists for NAFA’s 2020 Fleet Excellence Awards
(FLEXYs), the top honors in the fleet and mobility industry. Winners will be announced in March, and will be recognized and take part in a panel presentation on Tuesday, April 7, 2020, at NAFA’s annual conference, the Institute & Expo
(I&E) in the Indiana Convention Center, Indianapolis, IN.