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Dealer demand for fleet vehicles in the wholesale market for the fourth quarter has been steady, and the seasonal drop in prices was lower than anticipated due to the leaner inventory of vehicles in the marketplace.
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By Mike Antich, Editor, Vehicle Remarketing magazine. A new concern is emerging in the used-vehicle market about the possibility of a future softening of resale values for full-size pickups. Currently, and throughout the 1990s, resale values for full-size pickups have been extremely strong. The concern is that the supply-and-demand imbalance we are seeing today with SUVs in the wholesale market
Read More →HELENA, Mont. --- Targeted Growth Inc., a renewable energy bioscience company, has partnered with biodiesel company Green Earth Fuels to form a joint venture to produce and market up to 100 million gallons of Camelina-based biodiesel by 2010.
Read More →HERNDON, VA - As part of the Volkswagen Group's strategy to dominate the alternative-powertrain market, the Audi lineup will see a rapid expansion of plug-in hybrid and electric cars over the coming years.
Read More →While a positive forecast of the national economy supports continuing improvement in resale values, retail new-vehicle incentives remain the wild card in determining the future strength of the wholesale used-vehicle market.
Read More →Created with fleet in mind, Roush's CleanTech aims to help fleet managers increase the number of “greener” propane autogas-powered vehicles on the road.
Read More →WAYNE, NJ – BP Lubricants USA Inc., has announced that it would begin introducing Castrol Tection Extra, a 15W-40 diesel engine oil, into the retail, mass, truck stop, and auto parts channels, making available to owner/operators some of the best-in-class lubricants on the market today.
Read More →TOKYO -- Honda Motor Co Ltd. will develop a low-emission diesel engine for large vehicles for the North American market, and plans to roll out the first models by 2010, the Nikkei business daily reported on July 11.
Read More →EDEN PRAIRIE, MN - Lori Tennant has recently joined GE Capital Solutions Fleet Services as rental product manager.
Read More →The data is there, but harnessing it isn’t so simple. These market trends are jumpstarting fleets’ ability to turn connected vehicle data into actionable insights.
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