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Element Financial Corp. is expected to finalize the purchase of PHH Corp.'s fleet leasing unit for about $1.35 billion in about two weeks, according to a Reuters report quoting a source familiar with the matter.
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Dodge has provided more details about the redesigned Challenger for 2015, including its Hellcat engine for the SRT lineup that will produce more than 600 horsepower.
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General Motors and the University of Michigan will continue their collaborative automotive research efforts through 2017, the automaker has announced.
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A FedEx contracted based in Tyler, Texas, purchased a compressed natural gas (CNG)-powered Ford F-59 step van with plans to purchase additional units.
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The rear-side door locks are insufficiently childproof, posing a safety risk affecting 6,400 vehicles in the 2014 model year.
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The vehicles in this latest recall, however, are reportedly still on dealer lots and in assembly plants.
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The recall affects 184,244 vehicles in the 2004-2008 model years.
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Here's some advice from AAA on what steps to take in the unlikely event of a stuck accelerator or sticking throttle. You may want to pass along these tips to your drivers as a friendly reminder.
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The 2015 Lincoln Navigator will go on sale later this year starting at $62,475 after the full-size luxury SUV received a refresh for the model year.
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AutomotiveFleet.com has launched a comprehensive online van resource that allows fleet readers to research the 11 commercial passenger and cargo vans now available.
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