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Three large automotive markets supported global automotive growth during the first half of 2015, led by Western Europe, according to research by the German Automobile Industry Association (VDA).
Read More →The fuel additives market that includes biofuels such as ethanol should grow by 6 percent annually from 2015 to 2020, according to a report by TechSci Research.
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Year-over-year sales of passenger cars, pickup trucks, vans and other light-duty vehicles to commercial fleets fell 2.1 percent to 52,445 units in June.
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Key trends in auxiliary equipment specifications focus on driver productivity and idle reduction using telematics, safety enhancements with crash avoidance sensors, and maximizing space using multi-function equipment.
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The majority of vehicle pollution is produced by a small number of older or "badly-tuned" cars and trucks, according to a study by researchers at the University of Toronto in Canada.
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The cost of fuel remains a tough line item to budget for. With prices currently at their lowest in years, what can fleet managers expect in the future?
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Sales of vehicles to commercial fleets increased 3.4 percent in April to 66,260 units during a month that registered an increase from March and pushed total fleet sales to 5.9 percent for the first four months of the year.
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Black Book has begun offering residual valuation data for a new group of compact SUVs entering the market as it expands coverage of one of the automotive industry's fastest growing segments.
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The average fuel economy for new vehicles increased 0.2 mpg to 25.4 mpg in March, according to the University of Michigan's Transportation Research Institute.
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Sales from nine car and truck manufacturers to commercial fleets slowed in March, increasing 1.3 percent to 59,899 vehicles after a 6.5-percent growth spurt in February, according to Automotive Fleet data.
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