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Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.
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Race plays a role in drowsy driving in the U.S. with a recent study confirming that Blacks and Hispanics have approximately twice the risk of dozing off while behind the wheel compared to Caucasians.
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Used compact and midsize passenger cars held their value better than pickups and cargo vans in April, and overall vehicle depreciation eased due to a strong spring selling season, according to Black Book.
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If given a choice, a whopping 75% of U.S. drivers said they would still rather drive than ride in an autonomous vehicle with 71% noting that they would miss the act of driving, according to a recent survey by CariD.
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A state-by-state breakdown of drunk driving attempts prevented by ignition interlocks shows that a total of 354,372 incidents of driving while intoxicated were averted nationwide in 2017, according to Mothers Against Drink Driving (MADD).
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The used-vehicle industry reached a record-breaking 39.2 million in sales in 2017, representing a 1.6% year-over-year increase, according to the latest Used Car Report from Edmunds.
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Motor vehicle accidents claimed 227 fewer lives in 2017 compared to the earlier year, which equates to a 0.5% decline to 40,100, the National Safety Council (NSC) has found. However, it would be a 6% increase from 2015.
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The domestic tire industry reached two milestones in 2017. Replacement truck tire shipments totaled 19.2 million units, a record high.
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The average fuel economy of new vehicles sold in the U.S. in December fell to 25 mpg — down 0.2 mpg from a revised November value, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).
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An index that tracks wholesale used vehicle values fell in December for the first time in four months at a time when the used vehicle market typically shows some weakness. It also reinforced 2017 as a growth year for used vehicle sales.
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