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Although resale prices for used fleet vehicles in the wholesale market have stabilized in recent months, the majority of vehicles whose depreciation has been amortized at two percent per month continue to lose money at resale.
Read More →It’s a mature market characterized by canny lessees, innovative financing, new emphasis on vehicle services, and heightened competition for regional primacy. And it could all change – overnight. That’s the consensus of experts Automotive Fleet asked to forecast the future of U.S. commercial vehicle leasing.
Read More →Auto Rental News sat down with Hertz at GBTA to discuss recent initiatives to improve the customer experience and how the company intends to gain share in a mature market.
Read More →NEW YORK - Electric car players touted the virtues of their wares Thursday at the Cowen & Co. Clean Energy Conference as a lower-cost, less polluting alternative to burning fossil fuels, as they ready their entries for the U.S. auto market.
Read More →DETROIT – Data compiled by the Environmental Protection Agency confirms that the Ford Fusion hybrid will be the most fuel-efficient mid-size sedan on the market when it arrives this spring, boasting 41 miles per gallon in city driving.
Read More →LIVONIA, MI — ROUSH CleanTech appointed Chelsea Jenkins as its eastern region fleet sales manager. Based in Virginia Beach, Va., Jenkins will work with East Coast-based public fleets, propane companies, and school districts to market ROUSH CleanTech’s liquid propane autogas technology and educate companies about the benefits of alternative fuel vehicles.
Read More →Both companies will work together to apply their knowledge of lithium-ion batteries and power electronics to bring reliable, affordable energy storage and control technologies to the market.
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