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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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With fuel representing 60% of a fleet’s total operating costs, lower fuel prices are keeping overall fleet costs flat. Also, vehicle build quality is high, curbing maintenance costs, and lower commodity prices have stabilized tire prices.
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Toyota's 2018 C-HR will compete in the growing subcompact SUV category as a lifestyle-oriented crossover coupe with a stylish, sporty look and an eye toward safety.
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Jeep introduced the 2017 Jeep Compass as a global compact SUV that will be offered in 17 configurations in 100 markets around the world during a press event ahead of the Los Angeles Auto Show.
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Subaru introduced the VIZIV-7 SUV Concept, its largest SUV yet that is intended to grow the automaker’s vehicle sales 30% by 2020.
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Fiat Chrysler's Alfa Romeo division introduced the 2018 Stelvio — a luxury SUV with Italian styling and ultra-high performance engines — ahead of the Los Angeles Auto Show.
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Chevrolet will offer an off-road-oriented variant of its Colorado mid-size pickup called the Colorado ZR2 in the 2017 model year that includes suspension technology used in Formula One racing.
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Hyundai's Genesis luxury division hopes to establish stand-alone dealerships for a lineup that will include six models by 2021, the automaker told Automotive Fleet ahead of the Los Angeles Auto Show.
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Hyundai will offer a subscription-based approach to vehicle ownership with its 2017 Ioniq Electric sedan that will allow customers to acquire the vehicle for a fixed monthly fee that covers all costs of ownership, Hyundai announced ahead of the Los Angeles Auto Show.
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Mazda Motor Corp. will add a diesel-powered CX-5 that will arrive in the second half of 2017, Mazda announced ahead of the Los Angeles Auto Show.
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Ram Truck announced both a new and a returning option package that will have truck enthusiasts knocking at their dealers’ doors: A new 2017 limited-edition Ram 1500 Rebel Mojave Sand package and a limited run of Ram 1500 Ignition Orange Sport models.
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