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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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This marks the second year in a row a Ford vehicle has earned recognition from North American Car, Utility and Truck of the Year jurors.
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Analysis: A big drop of 20% to 30%, as one report suggests, is highly unlikely. History tells us a decline of more than 10% is rare indeed.
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The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
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Combined sales into large rental, commercial, and government buyers were down 32% year over year in December and down 4% full-year 2021 versus 2020.
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Stellantis is merging its two operational leasing companies to become a leading multi-brand lessor in Europe, while also streamlining its captive finance arms.
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Martin Sander will also serve as chair of the management board of Ford-Werke GmbH (Ford of Germany), effective June 1.
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The company has made significant progress toward its goal of a 100% sustainable-material tire by 2030.
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The automotive parts shortage that the industry is experiencing today goes far beyond just the shortage of microchips. Today, there is a wide cross-section of automotive parts that are in short supply varying by type of part and make and model of vehicle.
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One year in to GM's last-mile delivery company, and orders for EV vans are increasing as Walmart reserves thousands of vehicles and FedEx ups its existing order.
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With more than three decades of global experience in the consumer and technology sectors, Rowan has worked extensively with digitalization, disruption, innovation, engineering, and supply chains.
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