
The South American automobile market is expected to grow significantly by 2025, according to a forecast by IHS Automotive.
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Innovative, new technologies and advances in engineering are creating lighter, stronger, and more fuel-efficient truck bodies than ever before.
Read More →The vast majority of vehicles on U.S. roadways in the year 2040 will still use gasoline, according to a projection from the U.S. Department of Energy. A whopping 78% of light-duty vehicles will still be sold with gasoline engines.
Read More →TORRANCE, CA - The multiple price increases for replacement tires occurring year-to-date for calendar-year 2011 point to more increases on the horizon. Most tire industry experts foresee tire price hikes continuing for the balance of this calendar-year.
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There will be dramatic changes in new-vehicle purchasing processes, remote vehicle diagnostics, increasingly “smarter” vehicles, and next-generation online fleet management systems powered by fleet-specific social media.
Read More →Operating costs will trend higher in the 2011 calendar-year, primarily due to an incremental increase in fuel prices, which represent the largest fleet operating expense category. Another factor contributing to upward pressure on operating expenses will be higher maintenance costs, primarily due to extended replacement cycling. Beyond 2011, fleet acquisition costs are anticipated increase to meet higher CAFE requirements.
Read More →WASHINGTON - Gas prices will reach an average of $2.81 per gallon in 2010 and will climb to nearly $3 per gallon next summer, predicts the Energy Information Administration.
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Automotive industry analyst John McElroy is “bullish” about the future of the Detroit 3, forecasting a “perfectly aligned” market for Ford, GM, and Chrysler and record profits in 2013-2015, if industry-wide sales increase again to 14 million units.
Read More →Fuel costs, the largest fleet operating expense, declined dramatically in the 2009 calendar-year due to a sharp decline in worldwide consumption. Also, many fleets have downsized, which contributed to a lower overall fuel spend.
Read More →With the 2009 model-year behind us and 2010 model-year ordering in progress, how will 2010-MY order-to-delivery times (OTD) fare? Some foresee the 2010 model-year being a challenging one for OTD (not as challenging as 2009-MY, however), but one that could result in longer than normal delivery times.
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