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Cox says the appointments are part of a strategic move to strengthen existing customer relationships in addition to developing new business.
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Q2 sales of battery electric vehicles increased to 196,788, a record high and a 13% increase from last quarter.
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Edward Hightower, the electric vehicle company's current president, will become its new CEO. Hightower succeeds Daniel Ninivaggi, who moves into a strategic role as the company’s executive chairman.
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The downward trend continues, as June CPO sales were down 1% from May’s sales stats.
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At the recent Fleet Forward Tour event in Chicago, fleet managers drove several electric cars. Watch along with their behind-the-wheel reactions and views on how EVs would work in their fleets.
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ALD Automotive offers fleet services in Brazil, Colombia, Mexico, Chile and Peru. Working with strategic alliance partners, the company has a direct presence in 43 countries.
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A range of issues factor into the worldwide problem, from demand for raw materials to semiconductor shortages through to, more recently, the war in Ukraine hitting key component manufacturing.
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In his 103rd State of the Fleet Industry video produced by Automotive Fleet, AF editor Mike Antich offers insights into the state of the fleet market, including declining gasoline consumption and cooler gasoline futures predictions.
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Arval UK officials expect the volume of electric light commercial vehicles (LCVs) to grow in the next few years, particularly as new electric LCV models are introduced and their commercial use is more fully understood.
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According to a study by iSeeCars.com, Mississippi had the highest growth in hybrid/electric vehicle market share, with 240.9% growth. Hawaii and Utah took the second and third spots.
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