CAR 2001 to Focus on Key Remarketing Trends

3M & Chesapeake Energy Partner on New Cost-Saving CNG Tanks

ST. PAUL, MN & OKLAHOMA CITY – 3M and Chesapeake Energy Corporation are working together to develop new compressed natural gas (CNG) tanks designed to help reduce costs while increasing performance and enable greater market adoption of CNG as an alternative automotive fuel source.

Avis Budget Group Acquires 50-Percent Ownership in Brazilian Licensee

Avis Budget Group has acquired a 50-percent ownership stake in its Brazilian licensee, which the company said involves the investment of $50 million to enable the company to expand the presence of its Avis and Budget brands in the Brazilian car rental market.

Testa Produce Adds Electric Trucks to Delivery Fleet

Testa Produce has added two new all-electric trucks to its delivery fleet, custom-made with a chassis from Smith Electric Vehicles and an insulated body from Kidron.

Telematics Brings Visibility and Security to Fleets in Tanzania

ROAMWORKS, a provider of machine-to-machine (M2M) software and systems integration, recently announced its entry into the Tanzanian market with a solution designed to enhance fleet efficiency, vehicle performance, and driver safety.

Volvo: V60 Plug-in Hybrid Undergoing Stringent Safety Testing

GOTHENBURG, SWEDEN -- Volvo Car Corp. said the Volvo V60 Plug-in Hybrid , due to launch on the market in 2012, has been undergoing a series of in-house safety tests – some of which are designed specifically to evaluate vehicles with an electric powertrain.

General Motors Making Changes in International Markets

General Motors will stop the sales, design, and engineering operations for Holden in Australia and New Zealand by 2021 and withdraw Chevrolet from the domestic market in Thailand by the end of 2020.

German Fleet Registrations Down in November

Fleet registrations in Germany were down 9.1% in November, though the month saw improvements over what was reported in September and October.

Construction and Service Industries Impacted by Microchip Shortage

The global semiconductor shortage is reaching construction contractors and other service businesses that use small work trucks. Auto makers are prioritizing high-margin vehicles for the retail market as they try to stretch chip supplies across their factories.