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Following its entry into the Norwegian market last year, Chinese electric vehicle company NIO will move sales further in the EU with three new models available through lease or subscription.
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The U.S. Federal Reserve’s Federal Open Market Committee raised interest rates again Wednesday. It's a sign that the Fed believes the economy is in no danger of slowing down, including taking into consideration this week's latest economic reports.
Read More →BOSTON - FleetMatics, a market leader of GPS tracking applications for commercial fleets, announced that it has closed a $68 million growth equity financing.
Read More →Vehicle electrification has become a strategic priority for the stakeholders of the automotive market in India.
Read More →Wright Express announced that it is acquiring FleetSmart, a fleet card program targeted at the distributor market, in a deal scheduled to close on August 16, 2002.
Read More →CUV/SUVs saw year-over-year declines to their wholesale values, but are still performing well due to continued demand for these segments and cheap gas prices, but an inflection point is approaching.
Read More →NEW YORK - Mazda North American Operations (MNAO) announced plans to launch the all-new SKY Concept powertrains into the U.S. market as early as 2011.
Read More →WATERTOWN, MA --- A 50-percent jump in the shares of lithium-ion battery maker A123 Systems on the company's first day of trading last week provided a big boost for the clean-tech market.
Read More →WASHINGTON, D.C. – Tougher emissions standards for vehicles are expected to provide a boost to the truck fleet leasing market.
Read More →Black Book will begin offering the monthly Used Vehicle Retention Index to measure the strength of used wholesale market values, the company has announced.
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