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The shift comes as China’s car market nears a tipping point at which the switch to EVs builds consumer acceptance and supercharges growth. More than 25% of new cars sold in July were new energy vehicles (NEVs), which include plug-in hybrids and pure battery-electric cars, up from fewer than one in six just a year earlier.
Read More →The panel seminar convenes delivery and logistics experts to discuss macro issues around inflation, pricing, and supply chains, how they’re affecting on-the-ground operations, and how operators can react to promote uptime and more efficient fleets.
Read More →LIDAR tech firm Strobe is expected to bolster the automaker’s efforts to bring self-driving cars to market.
Read More →Morgan Truck Body and its subsidiary, Morgan Canada Corporation, have acquired Multivans to increase its market share and growth and aims to produce truck bodies that accommodate cargo of varying configurations.
Read More →Commentary/Analysis: Look for likely higher prices across the broader economy, with the auto market heading into uncharted territory — a rough road indeed.
Read More →Replacement tires are a fleet’s third-largest operating expense. And this expense is growing.
Read More →One of your top job priorities as a fleet manager is to obtain the highest resale price for each company vehicle you take out of service.
Read More →Resale values have significantly declined across the board on all medium-duty trucks, with five-year old medium-duty trucks decreasing, on average, between 18-23 percent in the past 12 months. Trucks older than 10 years have been more difficult to sell due to higher fuel and maintenance costs. The ongoing sluggish business environment is the key reason for the soft resale market. Here's a forecast of what's to come.
Read More →I have received a tremendous amount of feedback from public sector fleet managers to the Market Trends column appearing in the August 2002 issue on the need to create a partnership with fleet service providers. You will be able to read many of these comments in the letters to the editor page over the next several issues.
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