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According to a new study, the South American automobile market will grow significantly by 2025, becoming one of the top three growth markets globally for light vehicle sales and presenting opportunities for improvements in fuel efficiency and reduced CO2 emissions.
Read More →A biotechnology company purchased 10-foot virtual pipeline trailers to be used as part of a dairy biogas project thats designed to bring more renewable natural gas (RNG) to market, and also plans to develop a biofuels production facility that will purify and compress the biomethane into vehicle fuel.
Read More →About 44% of the new vehicles sold in the U.S. last year were imported from countries across North America, Europe, and Asia.
Read More →Hurricane damage, high interest rates, softening used values, and a slowing economy will all have some effect on the coming used vehicle market. The greater issue is even lower sales — as the historic decline in the lease return rate from 2022 meets up with a big drop in lease maturities and lower dealer consignments.
Read More →Hyundai is on a roll with strong retail sales and views commercial fleet sales as an opportunity to further expand its reach into the U.S. market. It recently assembled a new fleet management team to expand its commercial fleet sales.
Read More →The corporate fleet sector in South Korea accounts for 18-20% of total auto sales, with most sales going to local brands. However, GM Korea is growing its fleet presence, with commercial sales now representing 9% of total sales.
Read More →Nearly eight in 10 surveyed fleets allow personal use of company vehicles, while just over half of respondents report charging employees for the privilege.
Read More →SEMMARIS, the company that manages Rungis International Market, a large wholesale market in Paris, has launched its new fleet of Renault ZOE electric vehicles in partnership with Renault.
Read More →July is a typically strong month for vehicle registrations in France, and this month is not an exception, as the True Fleet market saw a 16.9% increase over the same time last year, according to Dataforce.
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