John Ernest (Jake) McLaughlin, the co-founder and publisher of Canadian Automotive Fleet magazine, which was created as a joint venture with Bobit Business Media, passed away on March 29 in Burlington, Ontario, Canada.
The South Korean Ministry of Land Transportation announced plans to build 200 multipurpose stations to charge vehicles powered by fuel cells, batteries, and liquefied petroleum gas (LPG) by 2025.
Dana Gaffney, retired strategic account manager for Merchants Fleet Management, passed away on March 25 from lung cancer. She was 60. During her career in fleet leasing, Gaffney worked for Kayser Leasing, Velcor, ULTEA, and ALD Automotive USA.
Tesla Inc. has surpassed General Motors in market capitalization to become the most valuable publicly traded automaker as investor enthusiasm continues to ramp up for the company.
The national average price of a gallon of unleaded gasoline increased 6 cents to $2.39 for the week ending April 10 following the switch over to more expensive summer-blend gasoline and increased driving demand, according to AAA.
Toyota will invest $1.33 billion to retool its Georgetown, Ky., assembly plant where it builds the Camry mid-size sedan, which is said will be fully build in the U.S. starting with the 2018 model year.
While wholesale used-vehicle prices declined by 0.5% in March, the Manheim Used Vehicle Value Index — a measure of wholesale prices adjusted for mix, mileage and season — came to a reading of 124.1. This is an increase of 1.3% from a year ago.
BYD has joined the California Air Resources Board, Bay Area Air Quality Management District, and SF Goodwill on the launch of a new project that will bring 11 clean, zero-emission battery electric trucks to operate throughout the Bay Area communities.