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The national gas price average pushed a penny cheaper on the week to $2.11 following an increase in gasoline stocks and a dip in demand.
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For the 2020 program, J.D. Power assessed 270 models from the 2017 model year, examining 592,000 vehicle sales transactions between May and September of 2020.
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The new E-Transit will join the all-electric F-150 and EV Mustang Mach-E, which support Ford’s plan of future vehicle electrification.
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Bimbo Bakeries has renewed its partnership with Motiv Power Systems with a follow-up order of 100 electric walk-in vans after a successful year-long pilot program.
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Inventory financing will be provided by Hitachi Capital America (HCA) as part of the company's previously announced strategic partnership with HCA. Vehicles will be distributed through Pritchard Companies' dealership locations across the country.
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Hertz CEO Paul Stone cited U.S. rental volume improvements since Labor Day and domestic revenue improvements of 14 points from July to September.
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Biden’s clean energy goals could mean new government incentives for American manufacturers. But Biden’s policy goal of strengthening unions could clash with Tesla's non-union U.S. manufacturing plants.
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Wholesale used vehicle prices increased 0.47% month-over-month in October, bringing the mid-month Manheim Used Vehicle Value Index to 161.9, a 15.4% increase from October 2019.
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The maker of commercial electric vehicles won’t meet its projected production target of 300-400 vehicles in 2020 in part due to more than 36% of its production-related staff having contracted the coronavirus or quarantined awaiting results.
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Today's video looks at an overview of commercial fleet sales for the month of October; fleet depreciation trends in the wholesale market; and unintended consequences of extending vehicle service lives and the supplemental cost increases.
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