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Sales of vehicles to commercial fleets from eight manufactures increased 8.8% to 743,210 in 2018, even with a weaker December, on the strength of sales of trucks, SUVs, and vans that accounted for nearly nine units out of every 10 sold.
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The commercial fleets that use Bestpass for their toll management services have added more than 500,000 active transponders that now register more than 238,000 transactions per day, according to the company.
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The average transaction price for a new vehicle in the U.S. was $37,577 in December 2018, a 1.3% increase from the same time in 2017.
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Arval has named Alain Van Groenendael as its new chairman and CEO effective Jan. 1, where he will focus on changes in mobility and other industry challenges.
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Collisions caused by improper lane changes are a one of the most common types, according to insurance and legal experts.
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Ford is adding a few enhancements to its 2019 Transit full-size van ahead of a likely next-generation model on the cargo and passenger versions.
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Traffic fatalities in Maine decreased 19% to 140 deaths in 2018 compared with 173 in 2017, which is among the lowest on record in 60 years.
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Bridgestone Americas Tire Operations LLC and Bridgestone Canada Inc. will increase the price of Firestone brand truck and bus radial tires on Feb. 1, 2019.
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General Motors has named its product leader Mark Reuss president to replace Dan Ammann, who has left to become chief executive for the automaker's Cruise autonomous vehicle unit.
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General Motors reached the threshold of 200,000 plug-in electric vehicles sold in December, which begins a phase-out of the $7,500 federal tax credit over the next 15 months, Reuters reported.
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