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The number of light-duty vehicles in U.S. roads increased to 252.7 million, a 3.7 million increase since 2013. In addition, the average age of vehicles on the road remained steady at 11.4 years. For the first time since 1995, the average age of light trucks has increased to the same age as passenger cars.
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More than 75 percent of new pickup trucks produced in North America will have aluminum bodies by 2025, according to a new survey funded by an aluminum trade group.
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The average fuel economy of new light-duty vehicles sold in May climbed higher to 25.6 miles per gallon, according to University of Michigan researchers.
Read More →ABI Research has named Fleetmatics Group as the fleet management technology market leader in terms of vehicle market share, according to the company.
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Information analyzed includes how fleets are funding their vehicles, what administrative services are outsourced, safety- and accident-related services that are being outsourced, and what responsibilities today's fleet managers have in addition to fleet management.
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A volatile ethanol market has been driving gasoline prices higher since early February because most gasoline sold in the U.S. has about 10% of the corn-based biofuel.
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Only 20 percent of the North American fleet market has adopted telematics technology, according to a new research report from a London firm.
Read More →Telematics technologies and services, which were first adopted by the long-haul trucking industry, should reach 50 million vehicles in the coming five years, ABI Research predicts.
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According to 2012 statistics from fleet safety company Fleet Response, drivers aged 26-35 and 46-54 are neck and neck (24.4 percent versus 24.1 percent) when it comes to the percentage of those involved in accidents.
Read More →A recent analysis of the European carsharing market predicts that there could be between 75,000 and 100,000 vehicles in operation by 2020. Currently there are about 2,000 vehicles being used for carsharing.
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