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Some believe that fleet managers will evolve into “mobility managers” in the future. Instead of managing a fleet of vehicles to meet employees’ mobility needs, they will move beyond asset management to manage a broader array of mobility services. These proponents argue that mobility management will create the business case to realign fleet and travel management into a single corporate function.
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Wholesale used vehicle prices increased in July despite expectations that wholesale prices would suffer in 2016 due to growing wholesale supplies.
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The average fuel economy of new vehicles sold in July increased 0.1 mpg to 25.4 mpg from June, according to the University of Michigan's Transportation Research Institute (UMTRI).
Read More →The conference, which took place in Dubai, aims to identify various industry trends and topics within the region.
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Sales of vehicles from eight manufacturers to commercial fleets increased 8.1% to 65,554 vehicles in May compared to a year ago with a double-digit increase in sales of passenger cars.
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Analysts contend that the crude oil supply-and-demand imbalance will be righted just as soon as the price climbs high enough to compel U.S. shale-oil drillers to again ramp up production.
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Rising used vehicle depreciation pulled average April values into the red in a month that's typically the last strong month of the spring season, according to Black Book.
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Sales of vehicles from nine manufacturers to commercial fleets increased 1.4% to 69,433 units in April compared to the same period in 2015 as a boost in truck sales made up for flagging car sales.
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California cities such as Bakersfield, Los Angeles, and Long Beach have again been named to a list of cities with the most air pollution caused by coal-fired power plants and older diesel truck engines.
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Lincoln's expanded lineup of luxury SUVs has struck a chord with female buyers, who have been gravitating to the brand, according to new data from IHS Automotive.
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