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Dealers will inspect each left-rear door lock and replace it if needed, as part of a safety recall expected to begin this month.
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While the way fleets define and perceive executive fleet management has changed in recent years, companies still lean heavily on preexisting methods in executive fleet management as a way to recruit and retain top talent.
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Set to get under way Feb. 8, the recall covers 307 vehicles in the 2018 model year.
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As manufacturers continue to release new vehicles into the luxury segment, the number of vehicles in the segment has grown. This along with overproduction and higher incentives has led to higher depreciation rates for the segment.
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Three BMW vehicles made Kelley Blue Book's list of the 10 most fuel-efficient luxury cars of 2015 based on city, highway and combined fuel economy ratings from the U.S. Environmental Protection Agency.
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Cadillac is increasing the power and lowering the price for its ELR plug-in hybrid car for the 2016 model year, the automaker has announced.
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Black Book expects luxury-level car segments will feel the largest depreciation through the balance of the year, largely driven by off-lease returns in lease-heavy segments.
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