Environmental program enables fleets to improve their mpg by up to 20%
PHH Arval, a subsidiary of PHH Corporation and a leading fleet management services provider in the United States and Canada, has won an American Business Award, also known as a "Stevie" award.
The company won for PHH GreenFleet, the fleet management industry's most comprehensive program to reduce greenhouse gas emissions, in the category "Best New Product or Service."
PHH GreenFleet helps clients reduce GHG emissions from company vehicles and offers options for making their fleets completely climate-neutral.
PHH GreenFleet takes a common-sense approach to helping corporations meet their own corporate environmental goals. Fleets managed by PHH Arval that have fully implemented the program have reduced their emissions on average by 14% and lifecycle operating costs by 4%. And the program has also enabled them to improve their miles per gallon (mpg) by up to 20% - a major plus with today's high fuel prices.
For more information, visit www.phharval.com
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STRATEGIC/MACRO DAILY INFORMATION for Canadian automotive business
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Wednesday - March 10, 2010
FOCUS: Chinese auto firm BYD reportedly to build plant in California - MarketWatch
FOCUS II: "The hot money is on gasoline this season and a lot of hedge funds have bet on it": Traders bet on higher gasoline prices - Reportonbusiness
ECONOMIC FUNDAMENTALS - DEBT DEFLATION: Fitch warns Britain and questions Greek rescue as sovereign risks grow - Daily Telegraph
ECONOMIC FUNDAMENTALS II - FORECASTER OF THE MONTH/U.S.: Too early to declare victory, optimistic Harris says - MarketWatch
CANADA
Toyota offering refunds to customers - TheStar
INTERNATIONAL
Toyota's ‘Bargains' May Boost US Sales 30%, Edmunds Says - Bloomberg
U.S. investigating Toyota Prius incident: reports - MarketWatch
With Fiat, Chrysler has new clout to reach out to suppliers - DetroitNews
US Cash for Clunkers: Better than we thought - CNNMoney
Toyota to fix more Tundras for rust problems - Reuters
Valeo to Focus on Emissions Technology to Double Sales by 2020 - Bloomberg
Tuesday - March 09, 2010
FOCUS: Exclusive: Toyota to cut steel price for suppliers - Reuters
FOCUS II: Cadillac Distances Itself From GM to Escape Bankruptcy Stigma - BusinessWeek
FOCUS III: Runaway Toyota Prius stopped by US highway patrol - Guardian
ECONOMIC FUNDAMENTALS - DEBT: Beijing says it will keep buying US debt - Financial Times
MUST READ: "Collapse and Complexity: Empires on the Edge of Chaos", Niall Ferguson: Collapse of the American Empire: swift, silent, certain - MarketWatch
CANADA
Canada Firms Plan to Add Jobs in Second Quarter, Manpower Says - Bloomberg
Ottawa promises to consult on retirement issues - TheStar
INTERNATIONAL
Toyota ads move beyond the recall - CNNMoney/Fortune
VW's Audi 2009 Profit Falls 39% as Recession Curbs Deliveries - Bloomberg
Japan carmakers studying brake override system - Reuters
Buffett-Backed BYD Targets Toyota - BusinessWeek
California to amend 'cool cars' rule - DetroitNews
Toyota Says Acceleration Test Cited in Congress Isn't Realistic - Bloomberg
Monday - March 08, 2010
FOCUS: BYD Plans to Start European Car Sales Next Year - Bloomberg
ECONOMIC FUNDAMENTALS - CURRENCIES: China central bank chief: Yuan policy to change, but not yet - MarketWatch
ECONOMIC FUNDAMENTALS II - JAPAN/DEBT: Why the sun looks poised to set on Japan's era of cheap government debt - Daily Telegraph
CANADA
Tsurviving the pension tsunami - FinancialPost
INTERNATIONAL
Toyota chief says sees U.S. sales recovery ahead - Reuters
Mitsubishi Motors, Peugeot Finalize Electric Car Pact - Bloomberg
GM CEO Whitacre flying on AT&T jets - DetroitNews
Toyota's apologies make way for sales - TheStar
Weekend - March 06, 2010
FOCUS: Allan Rushforth, Hyundai Motor Europe - Just-Autos
FOCUS II: Toyota Plans Event Challenging Professor's Electronics Study - Bloomberg
ECONOMIC FUNDAMENTALS - CURRENCIES: "What scared us was the reaction in the debt markets": The euro under pressure - Reportonbusiness
MUST READ: The OECD estimates that the international trade in counterfeit and pirated goods was worth around $250 billion in 2007. IACC says it's $600 billion: Knock-offs catch on - The Economist
CANADA
GM Canada urged to reinstate some dealerships - Reportonbusiness
INTERNATIONAL
Russian Cash-for-Clunkers May Flounder on Corruption, Red Tape - Bloomberg
The legend of Lutz - CNNMoney/Fortune
US House committee wants more details from Toyota - DetroitNews
Mercedes-Benz hit with large 'lemon law' judgment - TheStar
General Motors Plans to Reinstate 661 Dealers to Shore Up Sales - BusinessWeek
GM Names Russo Lead Director, Pays Girsky $5 Million - Bloomberg
Toyota joins Clean Energy Partnership, helps build new H2 stations - Autobloggreen
Friday - March 05, 2010
FOCUS: "There's a glitch in either the computer, the software or the electronic system, and they haven't been able to narrow it down": Toyota Owners File 60 Complaints After Recall Fixes - Bloomberg
FOCUS II: "Books of Knowledge": Panel head under fire over Toyota documents - DetroitNews
FOCUS III: "Down there in the mud, you have to howl with the wolves and cut costs big time": Geneva Motor Show: Green reality bites - Telegraph
ECONOMIC FUNDAMENTALS - DEBT: "One imminent battle will be between taxpayers and public-sector workers": Sharing the pain - The Economist
ECONOMIC FUNDAMENTALS II - DEBT: Canada budget tackles deficit, averts election - Reuters
CANADA
Canada Dollar Fluctuates as Ivey Index Rises Less Than Forecast - Bloomberg
Canada declared a tariff-free zone - TheStar
INTERNATIONAL
Toyota Rebuts Professor's Study Suggesting Flaws in Electronics - Bloomberg
How Tengzhong won by losing the Hummer deal - MarkeWatch
US: Buyers nibble at Toyota's bait - CNNMoney
UK: New car registrations up 26% on February 2009 - Guardian
Geely deal presents big opportunities for Volvo - Just-Auto
Can Sex and Saucy Ads Sell Chryslers? - BusinessWeek
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