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Sales for light- and heavy-commercial vehicles in Argentina were down in June by more than 40% for both segments.
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South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.
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A United Kingdom-based fleet accident management provider has named a non-executive chairman to the company who will offer guidance on its strategic direction
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Founded in 2012 after acquiring the assets of Saab, NEVS will integrate AutoX’s autonomous drive technology into NEVS’ next-gen vehicle architecture.
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Nagel-Group is testing the fully electric Mercedes-Benz eActros in Hamburg, Germany. Mercedes aims to achieve series production for heavy electric trucks for inner-city distribution operations starting in 2021.
Read More →The Element-Arval Global Alliance has named the vice president of global business development for its global team, who will support multi-national accounts between different countries.
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The global telematics market is expected to grow at a compound annual growth rate (CAGR) of 20.7% over the next five years, with developments in North America leading the way.
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Sales of commercial vehicles, and heavy-commercial vehicles, in Australia were up in May compared to the previous month, though the percentages are down when compared to the same time last year.
Read More →Growth in commercial vehicle segments in South Africa offset lower passenger car sales in the region during June, despite the continued trend of declining vehicle sales.
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The true fleet market in France saw significant growth in May, growing by 17.8%, and increased 8.5% year to date, according to Dataforce.
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