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News•by Staff•July 17, 2019

Didi Chuxing Welcomes Competitors to its Ride-Hailing Platform

The Chinese mobility company has opened its ride-hailing platform to three carmakers. The move is one of many in the fluid market in which carmakers now have access to growing their own ride sharing services through Didi’s user base.

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News•by Staff•July 17, 2019

Tesloop Is Back on the Road

The one-way city-to-city service, which allows consumers to rent a seat in a Tesla, has relaunched with service between Santa Monica and San Diego. The company has also introduced a program to allow Tesla owners to rent them on the Tesloop platform.

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News•by Staff•July 17, 2019

Turo Lands $250 Million in New Funding

The investment by IAC makes the media and internet conglomerate the largest shareholder in the peer-to-peer rental company.

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News•by Staff•July 17, 2019

China, Europe Expected to Lead Global Biodiesel Market

The global consumption of biodiesel is expected to register a 3.1% compound annual growth rate between the period of 2018 to 2026, bolstered heavily by growth in Europe and China.

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News•by Staff•July 17, 2019

AstraZeneca’s Global Fleet Transitions to EVs

AstraZeneca is transitioning 16,000 vehicles in its global fleet to battery-electric assets following the company's move to join the EV100.

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News•by Staff•July 16, 2019

Hertz Rental Car Service is a Favorite Amongst Millennials

Hertz is honored by Trazee Travel, taking the top spot this year as favorite car rental company. Sixt and National Car Rental placed second and third.

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News•by Staff•July 16, 2019

Geely’s Ridehailing Arm to Offer Carsharing in China

The service will recruit owners of Geely-brand cars, while Geely will provide the connectivity system.

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News•by Staff•July 16, 2019

Argentina Commercial Sales Down in June

Sales for light- and heavy-commercial vehicles in Argentina were down in June by more than 40% for both segments.

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News•by Staff•July 16, 2019

South Africa FMC Acquired for $222M

South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.

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News•by Staff•July 16, 2019

Ford Leads Vincentric's Canadian Best Fleet Values for 2019

Ford received the most honors for Vincentric's eighth annual Best Fleet Value in Canada awards, which was bolstered by the success of the F-Series Pickups.

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