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Newsby StaffMay 20, 2020

Wholesale Optimism: Used Vehicle Prices Up 5.74% in May

According to Manheim, wholesale used vehicle prices increased 5.74% in the first 15 days of May compared to the month of April. New and used retail vehicle sales show substantial gains from March’s free fall.

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NewsMay 20, 2020

EVs and Plug-In Hybrids in Germany See Growth in 2020

The amount of electric vehicles (EVs) and plug-in hybrids in operation in Germany grew 60% in 2020 when compared to 2019.

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Newsby StaffMay 20, 2020

EU Commercial Vehicle Sales Suffer from COVID-19

In the first quarter of 2020, the European Union commercial vehicle market contracted by 23.2% to 413,327 units as a direct consequence of slowdowns seen in March, as measures to prevent the spread of the coronavirus lead to the closure of dealerships. 

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Newsby StaffMay 20, 2020

Uber to Cut 3K More Jobs

The preliminary layoffs were confined customer support and recruiting teams. The most recent layoffs will affect employees across all divisions.

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NewsMay 20, 2020

Switzerland Fleet Registrations Fall 37% in April

The true fleet market in Switzerland declined by 37% in April due to the effects of the COVID-19 pandemic.

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Newsby StaffMay 19, 2020

ITI Adds Safety Courses for Delivery Fleets

Instructional Technologies Inc., providers of training solutions for the transportation industry, announced ClearDrive online training programs for delivery van, commercial sedan, and work truck drivers.

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Newsby StaffMay 18, 2020

Navistar Recalls International LT and RH Trucks

Navistar is recalling approximately 4,500 model-year 2018-2020 International LT and model-year 2019-2020 International RH trucks because the engine could unexpectedly shut down.

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Newsby Lauren FletcherMay 18, 2020

Ford Resumes U.S. Production & Operations

Ford started resuming production and operations in the United States May 18, 2020.

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Newsby StaffMay 18, 2020

IARA Hosting Second Webinar in 2020 Road to Recovery Series

The International Automotive Remarketers Alliance (IARA) will host a webinar on May 22, 2020 titled “Opportunities Discovered," which will focus on the current actions of mega dealer groups and expected buying patterns in the near future.

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Newsby StaffMay 17, 2020

Hertz Launches 'Gold Standard' Clean, Certified Vehicles

To give customers total confidence when they rent a car, every vehicle will be sealed and certified "Hertz Gold Standard Clean," after undergoing a 15-point cleaning and sanitization process that follows U.S. Centers for Disease Control and Prevention guidelines.

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