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Operations•by Staff•October 16, 2018

Uber Valued at $120B Ahead of 2019 IPO

If the San Francisco-based ride-hailing app goes public with that value, it would be worth three times as much as Ford, and more than twice as much as Tesla.

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Vehicle Research•by Paul Clinton•October 16, 2018

GM Adds Fleet Options for 2019

General Motors has introduced new options available only to fleet purchasers on several of its 2019 models, including Chevrolet's Bolt EV, Cruze, Malibu, Sonic, and its new medium-duty trucks.

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Safety•by Staff•October 16, 2018

Jeep Wrangler Recalled for Steering Issue

Fiat Chrysler Automobiles is recalling approximately 18,055 2018-2019 Jeep Wrangler compact SUVs for a potential steering issue.

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Safety•by Staff•October 16, 2018

Chevrolet Express, GMC Sierra Recalled for Climate Control Module

General Motors is recalling an estimated 2016-2018 30,289 Chevrolet Express full-size vans and GMC Sierra pickups equipped with a single, manual, rear climate control module for potential overheating problems.

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Operations•by Staff•October 16, 2018

Lyft Offers Monthly Subscription Service

The new All-Access Plan allots customers 30 rides worth up to $15 each. If a ride goes over $15, the customer pays the difference.

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Vehicle Research•by Paul Clinton•October 16, 2018

Mercedes-Benz Offers 2019 Fleet Incentives

Mercedes-Benz USA has increased fleet incentives for most 2019 models, and has announced incentives for its van lineup. Most of the incentives are offered through the company's Corporate Sales Program.

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Green Fleet•by Staff•October 16, 2018

City of Sacramento Grows Hybrid-Electric Fleet

XL is upfitting six hybrid electric (HEV) Ford F-250 trucks and one hybrid electric Ford Transit passenger van for the City of Sacramento, Calif.

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Fuel•by Paul Clinton•October 16, 2018

Most States See Gasoline Prices Fall

Most states saw lower fuel prices this week, as the nation's average gasoline price fell 2 cents to $2.89 per gallon for the week ending Oct. 15. A handful of states on the west coast and southeast saw higher prices due to fuel disruptions, according to AAA.

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Safety•by Staff•October 15, 2018

ADTS Adds Sales and Marketing Director

Advanced Driver Training Services has hired Mark Giangrasso as its director of sales and marketing to help fleet clients reduce their crash rates and improve driver safety by employing the most appropriate training solutions.

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Remarketing•by Staff•October 15, 2018

These Vehicles Retained the Most Value

Six pickup trucks made the top-10 list of vehicles that retain the highest percentage of their value after a five-year ownership period, along with two Jeeps, a Subaru, and the Toyota 4Runner. At the other end of the spectrum, the Nissan Leaf saw the highest depreciation over the same period.

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