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The average listing price surpassed the $22,000 mark for the first time ever in April, closing the month at a new high of $22,568.
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An additional 10.6 cubic feet of interior volume means more space to haul.
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Automotive Fleet readers weigh in on a number of pressing fleet topics, such as discrimination against vocational fleet drivers by homeowner associations (HOA), the inflexibility of management and its resistance to change, diesel-powered trucks aren't going away, and the need for fleets to look for new opportunities.
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Michigan, Ohio, Washington, Oregon, and Hawaii truck and bus fleets are now eligible for rebates on new propane vehicle or propane vehicle conversion.
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Mark Ford caps a 33-year successful career while Chad Spearman and Danielle Sweet move up to auction manager posts.
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On May 19, 2021, Ford Motor Co. announced more details on the 2022 all-electric F-150 Lightning that will deliver a targeted 563 horsepower and 775 lb.-ft. of torque – the most torque of any F-150 ever. The F-150 Lightning will roll off the production line next year at a new high-tech factory at Ford’s Rouge complex in Dearborn, Mich.
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Accel-KKR, a private equity firm with over $10 billion of assets under management, announced on May 19, 2021 that it has acquired GPS Insight, a fleet management software company. Founded in 2005, GPS Insight provides SaaS-based fleet management software and complementary solutions for Class 3-6 fleets in the United States and Canada.
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The "Lightning" version of the biggest selling pickup accelerates the push toward fleet electrification.
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New registrations in Germany are experiencing an electrification boom. In the first quarter of 2021, almost one out of four (24%) newly registered passenger cars was equipped with an alternative powertrain - and this figure is even higher on the fleet market.
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Week Three of the month-long 2021 Global Fleet Experience, held virtually, will feature on Thursday, May 20, 2021, a “deep dive" market reports on Brazil and Mexico and EV strategies for North America, Europe, and Australia/New Zealand.
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