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Drivers are finally getting some relief at the pump. The national average gas price has dropped below $4 a gallon for the first time in months, with prices falling in 47 states as oil markets react to developments in U.S.-Iran negotiations.
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RASTATT, GERMANY — DaimlerChrysler sees a huge potential market for diesel-powered cars in the United States. Thomas Weber, the group's head of research and technology and development head for Mercedes Car Group, said diesel motors' performance, durability, and fuel efficiency could win converts from gasoline engines, especially once low-sulphur diesel fuel becomes widely available in the United States as of next year.
Read More →WASHINGTON, D.C. — According to industry sources, the EPA will soon help the industry define what constitutes a heavy-duty hybrid vehicle. The goal is helping builders and operators of heavy-duty hybrids qualify for incentives to help establish a market.
Read More →SOUTH PORTLAND, MAINE — Wright Express Corp. has introduced the Wright Express Business Card. The card offers the traditional benefits of a fleet card, such as nationwide acceptance and controls that restrict usage to fuel and service merchants. It also provides reward points and access to resources to help businesses manage their operations more effectively.
Read More →FT. LAUDERDALE, FL — Streicher Mobile Fueling, Inc., a provider of integrated outsourced energy and transportation logistics to the trucking, construction, energy, chemical, and government service industries, announced that Steven Goldberg has been elected to serve on its Board of Directors and was also appointed chairman of its Audit Committee.
Read More →IRVINE, CA — The latest study from Kelley Blue Book Marketing Research reveals that consumers have concerns when it comes to current gasoline-electric hybrid vehicles. However, at the same time a large percentage feel that hybrid technology is the wave of the future.
Read More →SOUTH PORTLAND, MAINE — Wright Express Corp. announced that Wright Express Fueling Solutions Inc. was recently issued a Private Letter Ruling by the United States IRS acknowledging Fueling Solutions as a qualified Ultimate Vendor in order to facilitate federal diesel excise tax exemptions on behalf of eligible tax-exempt fleet customers.
Read More →TOKYO, JAPAN — Honda Motor Co., Ltd. has developed a New Honda Hybrid System that features a 3-stage i-VTEC engine employing Honda's intelligent VTEC (Variable Valve Timing and Lift Electronic Control) system to provide three stages of valve timing (low-rpm, high-rpm, and cylinder idle mode).
Read More →TAMPA — Hybrid Fuel Systems, Inc., a manufacturer and distributor of diesel and gasoline conversion systems, announced the addition of a new CNG dedicated, EPA Certification for 4.6L Ford engines installed in Crown Victoria, Crown Victoria Police Interceptor, Lincoln Town Car, and Mercury Grand Marquis vehicle platforms.
Read More →ATLANTA — FleetCor, a provider of fleet card and related information services for business fleets and petroleum retailers, has received a $75 million equity investment from Bain Capital, a global private investment firm.
Read More →BEND, OR — PowerUp Fleet, Inc. —specializing in sales and marketing management services for commercial fleet fueling providers — has released Fuel Management Affiliates, a Web service designed to facilitate client exposure to business fleets nationwide.
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