
The average fuel economy of new vehicles sold in the U.S. in November was 25 mpg — down 0.1 mpg from October.
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Sales of vehicles to commercial fleets from nine manufactures increased 3.5% to 51,569 in November as total car sales made a strong monthly return at 27%, but is still more than 35% lower than what was reported last year, according to Automotive Fleet data.
Read More →The emergence of ride hailing, autonomous vehicles, electrified vehicles, and other mobility trends should bring greater changes to transportation networks in the U.S., Europe, and China by 2040, according to a new report from IHS Markit.
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The average fuel economy of new vehicles sold in the U.S. in October was 25.2 mpg — down 0.1 mpg from September, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).
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Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
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Sales of vehicles to commercial fleets from eight manufactures increased 3.7% to 49,801 in October with strong truck sales outweighing a nearly 30% decline in cars, according to Automotive Fleet data.
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The average fuel economy of new vehicles sold in September remained unchanged from August at 25.3 mpg, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).
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Sales of vehicles to commercial fleets from eight manufactures increased 25.7% to 51,112 in September with strong sales in the truck category, according to Automotive Fleet data.
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The average fuel economy of new vehicles has decreased by 0.1 mpg in August, to 25.3 mpg, from July, according to Brandon Schoettle and Michael Sivak, Ph.D., researchers from the University of Michigan's Transportation Research Institute (UMTRI).
Read More →The fleet industry in the United States is no stranger to acquisitions and mergers as we have witnessed with the decades long consolidation occurring among fleet leasing and management companies, automotive OEMs and their suppliers, and daily rental companies. The same holds true for the upfitting industry, which, in the first eight months of 2017, witnessed an uptick in acquisitions.
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