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The Manheim Used Vehicle Value Index (MUVVI) fell to 198.4, a decline of 14% from a year ago.
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On June 12, join Lisa McGhee of Tom's Truck Center and Maria Neve of Inspiration Mobility for a discussion on how rebates and incentives can defray the cost of zero-emissions vehicles, before the incentives expire.
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Check out some of the latest personnel moves from across the commercial fleet industry, including a new board of directors chairman for one organization, a managing director for a company's Canadian fleet management division, and more.
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The worldwide market launch of the 2025 BMW i4 and BMW 4 Series Gran Coupe will be underway in July.
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Ford Motor Co. has recalled an estimated 242,669 Ford Maverick trucks from the 2022 to 2024 model years due to issues with the Body Control Module (BCM) that may lead to their taillights not lighting up.
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Piern will lead Merchants’ regional sales team, focusing on expansion into key markets and delivering fleet solutions to meet the diverse needs of Merchants’ clients throughout North America.
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Zutobi, an online driver education resource, looked at the latest numbers to identify which states had the greatest distracted driving issues. New Mexico reported the highest number of distracted driving deaths -- 12.52 deaths for every 100,000 drivers.
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According to a quarterly market analysis by Work Truck Solutions, on-lot inventory of commercial vehicles continues to grow while used inventory declined.
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Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
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Walters will develop and implement strategic market plans to increase propane autogas adoption and support the research and development of new products.
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