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Our editorial staff has selected and edited this news release for clarity and brand style because we believe it is relevant to our audience.

News•by News/Media Release•May 24, 2022

Iowa DOT Achieves Near-Zero Emissions with 100% Biodiesel Trucks

The Iowa DOT is committing to a lower carbon footprint in their state fleet by operating these ten snow removal and road maintenance trucks with Optimus Technologies’ advanced fuel system technology, powered by 100% biodiesel.

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News•by News/Media Release•May 23, 2022

Hyundai to Open First EV and Battery Manufacturing Plant in the U.S.

The new facility, a $5.54 billion investment, will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units.

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News•by News/Media Release•May 23, 2022

Gatik Expands to Kansas, Which Just OK’d Autonomous Vehicles

Gatik will work with Walmart and the Kansas Department of Transportation to develop legislation around autonomous vehicles and deploy operations in the state.

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News•by News/Media Release•May 21, 2022

BMW Announces Two Executive Appointments

Taking effect this September, BMW North America appoints Raymond Wittmann, executive vice president and CFO and Marcus Casey, vice president, marketing, both with years of experience in various roles at the company.

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News•by News/Media Release•May 21, 2022

Tesla, Ford Attract Most EV Buyers

The Ford F-150 Lightning, which just started deliveries to customers in March and is sold out, was the third most-shopped EV and the seventh overall among electrified vehicles.

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News•by News/Media Release•May 21, 2022

Quarterly Auction Industry Metrics Point to Spring Bounce

Prices remained steady at already-elevated levels, and the conversion rate bumped up in March.

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News•by News/Media Release•May 20, 2022

Invers Announces Hardware-Free Connectivity

Invers' API platform integrates OEM APIs and normalizes the data for various vehicle types and brands in their fleets.

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News•by News/Media Release•May 20, 2022

Used Vehicle Supply Holds Steady as Asking Prices Rise

The average listing price at the end of April was $28,365, surpassing the $28,000 mark for the first time since December 2021.

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News•by News/Media Release•May 20, 2022

New Vehicle Affordability Declines in April

The trend continues to be much worse now than a year ago when prices were notably lower and incentives were higher.

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News•by News/Media Release•May 20, 2022

Used Vehicle Market Slows Down This Spring

Year to date, the total used-vehicle market is on pace to finish down more than 10% from 2021’s 40.6 million total.

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