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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 plan hopes to boost Geely Auto Group Sales to over 3.6 million units, outlines an electrical and sustainable future, and teases BEV, HEV, and long-range PHEV models with ranges up to 200 km. The plan also hopes to reduce total emissions by 25% by 2025 and achieve carbon neutrality by 2045.
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The partnership with CarAdvise combines Fuelman's managed fuel programs with a single point of access for small- and medium-sized businesses to track, schedule, and pay for fleet vehicle maintenance procedures of all types.
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The collaboration hopes to increase Anadolu Isuzu’s influence and penetration in the EV market, and the new partnership represents Proterra Powered’s entry into the European public transportation market.
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Ryan Johnson will succeed Shahbo in his previous position. Johnson was general manager of Enterprise’s Southeast England group, the company’s largest UK region.
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The average listing price of about $27,000 is running 25% above year-ago levels and 38% over pre-pandemic 2019 levels.
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New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
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Meanwhile, used supply normalizes, rental risk pricing declines, and auto loan performance deteriorates.
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Trucker Path, a mobile app for truckers, has released its findings on where and when parking is less than optimal.
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Having sold Saab in 2009 and then quit Europe altogether in 2017 when GM Europe sold its Opel and Vauxhall brands to the PSA Group (now Stellantis), GM Europe is nosing its way back to Europe.
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After more than 30 years with Ford, Roelant de Waard is poised to retire as general manager of Ford of Europe's passenger vehicles division.
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