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Market Snapshot: Turkey Fleet Market

There are more than 17 million vehicles in Turkey, of which 40% are fleet vehicles. Fewer than 13% of the population in Turkey either owns or drives a vehicle, according to research by 'Automotive Fleet' magazine. In terms of fleet passenger cars, only 10% of the 2.4 million company cars in Turkey are leased, but demand for fleet leasing has been growing.

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Volkswagen Most Hijacked OEM in South Africa

Vehicle tracking company Ctrack has released its hijacking and crime statistics, detailing which passenger vehicles, SUVs, trucks and vehicle manufacturers are being targeted by criminals in South Africa.

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South Africa Fuel Price Increase Impacting Fleet Operating Costs

Fuel prices in South Africa have increased due to the poor Rand/Dollar exchange rate and the higher price of crude oil based on an agreement by OPEC members to slash crude oil production.

Graphic courtesy of TomTom.

News

Mexico City Ranked Most Congested Global City

The top five most traffic congested cities in the world are Mexico City, Bangkok, Jakarta, Chongqing, and Bucharest.

(l) Tran Ba Duong, President of THACO, and (r) Denis Martin, Executive Vice-President China and ASEAN of PSA Group during the signing of the agreement.

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PSA Group to Expand Vehicle Assembly in Vietnam in 2017

The PSA Group and its partner THACO (Truong Haï Auto Corp.) signed an agreement on Feb. 22 to bring to market in Vietnam two new SUVs that will be assembled in THACO’s plant in Chulai in Quang Nam Province.

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$70B Infrastructure Program in Colombia Will Stimulate Fleet Sales

Colombia has embarked on gigantic $70 billion infrastructure program, which promises to stimulate fleet sales to construction and engineering businesses in the country, according to a report by PCW.

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France Give PSA Group Approval to Test Autonomous Vehicles

PSA Group has obtained authorization from the French government to carry out autonomous mode experimentations with “non-experts” drivers on roads in France, according to the vehicle manufacturer.

Photo of the fleet of e6 taxis courtesy of BYD.

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BYD Launches Largest EV Taxi Fleet in Southeast Asia

BYD has launched a fleet of 100 electric taxis in Singapore, forming the biggest electric taxi fleet in Southeast Asia, according to BYD, a Chinese renewal energy technology company.

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Arval Leased Over 1 Million Vehicles in 2016

Arval's global fleet of leased vehicles went over the one million mark at the end of 2016, and managed to surpass the company's initial target of 6% growth, achieving 8.4%.

Waymo self-driving car prototype. Photo via Waymo.com

News

Waymo Sues Uber, Otto, Alleging Stolen Autonomous Technology

Alphabet’s self-driving car unit Waymo is suing Uber and its Otto autonomous trucking subsidiary for stealing the company’s autonomous vehicle sensor technology. Alphabet is also the parent company of Google.

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