Acronyms
PO
What is a Purchase Order?
A document (with a control number) issued to provide authority to purchase a vehicle or equipment
Holman's biggest client
Who are United Rentals?
Overseeing all fleet performance and fleet maintenance in order to maximize efficiency, increase productivity, and help a business run as smoothly as possible
What is fleet management?
Base frame of a vehicle
What is a chassis?
True or false: Decals are considered an upfit.
What is true?
ARI
What is Automotive Rentals, Inc. (Legal Name)?
OEM’s named “The Big Three”
Who is Stellantis, GM, and Ford?
A type of order directly through OEM (Original Equipment Manufacturer)
What is a factory order?
Vehicle purchased directly from a dealer's immediate inventory
What is a stock purchase?
Vehicle weighing less than 10,000 lbs
What is a light duty vehicle?
MSO
What is a Manufacturer Statement of Origin or “birth certificate of a vehicle”?
Batch consisting of 10 or more orders
What is a “bulk” order?
Vehicles available at the dealership or up to two weeks away from arriving there
What is an out-of-stock vehicle?
The additional equipment / designs added to a vehicle after it leaves the factory
What is upfit?
3 main types of orders
What is factory, stock, and direct?
VI
What is Vehicle Inquiry (or violations)?
The 2 types of driveaway
What is driven and trucked?
The purchase or lease of a vehicle
What is an acquisition?
Updated MSO After upfitting (transformed body and/or weight)
What is a second stage MSO?
Vehicle weighing over 26,000 lbs
What is a heavy-duty vehicle?
A(n) ___ becomes a Title
What is an MSO?
A fleet management tool that is used for monitoring cars, trucks, and other equipment
What is telematics?
A type of order where the dealer places a client pre-approved order directly through the manufacturer
What is a direct order?
When an OEM, FMC, or upfitter creates an unassigned “pool” of vehicles
What is bailment?
Vehicle weighing between 10,001-26,000 lbs
What is a medium duty vehicle?