The new-vehicle market has been up and down for the 2017 calendar-year, but demand for SUVs and luxury vehicles continues to remain strong. The sales forecast is that the growth rate for 2017 will be lower than prior years.
Fleet sales are tracking at a record pace in 2017 reflecting the strength of the Australian economy and improved mining sector. SUV sales are hot with both consumers and fleets as OEMs introduce more new models into the market.
All countries in the Middle East have been impacted by lower oil prices and the institution of austerity programs. Countering these economic headwinds are major infrastructure investments geared to stimulate national economies.
Launched by General Motors in January 2016, Maven is a car-sharing service that is spreading across North America and offering technology and terms that could prove irresistible to mobile fleets.