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Saudi Arabia lacks in terms of vehicle production as only a handful automobile assembly units are located across the country. As a result, the entire domestic demand for automobiles as well as tyres is met solely through imports.
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Battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and hybrids all showed record volumes, with BEVs and PHEVs both exceeding 1,000,000 registrations each in 2021 over their 2020 figures. True fleets increased their PHEV volume by 186,000 units over 2020, but an astounding 244,000-plus BEVs from private registrations recorded largest volume increase of any fuel type and channel.
Read More →Partnering with mobility services provider Beep Inc., German automobile supplier ZF will deliver new autonomous Level 4 shuttles in the U.S. over the coming years.
Read More →The average sale price for used vehicles from fleet leasing consignors continued to outpace vehicles cosigned to auction by manufacturers and dealers in February, according to Tom Kontos, KAR's chief economist.
Read More →The top-selling OEM in Tunisia is Isuzu Motors with its D-Max truck, which is also the No. 1 selling vehicle. Isuzu has been assembling the D-Max in Tunisia since 2002. Citroen is the next best-selling commercial vehicle, followed by Peugeot.
Read More →DEARBORN, MI - Ford Motor Company recently announced that 15 to 20 percent of the total sales of the 2008 Taurus, a replacement for the Five Hundred sedan, will be distributed to daily rental companies.
Read More →MADISON, WI - ALD Automotive has formed a joint venture with Fortune Investment, part of Chinese steelmaker Baosteel, to accelerate the development of fleet management in China.
Read More →True fleet registrations for Switzerland in October are down 18.2%, however this has not stopped fleet’s continued interest in investing in electric vehicles.
Read More →Volvo is planning to bring its V60 Sports Wagon to the U.S. in early 2014. The automaker said the V60 is designed for those who want a sports sedan but need the versatility of a wagon.
Read More →The Cox Automotive Insights team looks at key industry trends ahead that overall point to a healthy year.
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