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BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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The Internal Revenue Service has increased the business mileage reimbursement rate to 54.5 cents from 53.5 cents for 2018. The new rate will go into effect on Jan. 1.
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The list of top-viewed stories included news about compact SUVs, autonomous vehicle technology, updates to the 2018 Ford Transit, and the latest acquisition by Element Fleet Management.
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Chevrolet unveiled its new 2019 Silverado to Automotive Fleet and other automotive journalists by bringing the pickup into the Texas Motor Speedway by helicopter. Read the full story here.
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BMW's 2019 X2 will be powered by a TwinPower turbocharged 2.0-liter four-cylinder engine paired with an eight-speed transmission to propel BMW's new luxury crossover, the company announced.
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Toyota has set a goal to sell 5.5 million electrified vehicles by 2030, including 1 million zero-emission vehicles fitted with non-gasoline powertrains, the company has announced.
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Chevrolet revealed its 2019 Silverado by airlifting the large pickup into the Texas Motor Speedway on Dec. 14 for a select group of automotive publications that included Automotive Fleet.
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Ford Motor Co. is setting up its electrification and autonomous vehicle teams in a historic building in the Corktown neighborhood of Detroit, and will begin operations in early 2018, the company announced.
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Two Ford engines appeared on WardsAuto's 10 Best Engines for 2018, while four alternative fuel powertrains also made the list, the media outlet announced.
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The total cost of owning hybrid vehicles compared to their gasoline counterparts improved in 2017 with 40% of the models studied in Vincentric's annual analysis having a lower TCO, according to the firm.
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Nissan North America has named Marty Gleason its director of fleet sales. Gleason comes to the role from Nissan's pre-owned and CPO division, where he was a senior manager.
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