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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 age of light-duty vehicles on U.S. roadways increased to 11.6 years this year, and registrations climbed 2.4% to 264 million, according to IHS Markit.
Read More →The number of commercial vehicles in GVW Classes 4-8 registered this year through August fell 4.2%, mostly due to a steep decline in Class 8 over-the-road trucks, IHS Automotive has reported.
Read More →The U.S. added over 300,000 new clean diesel vehicles in 2015, with the state of California leading the way with a 15.4% increase in the number of registered diesel cars and SUVs in 2015.
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Nearly 21 million autonomous vehicles will be sold globally by 2035, according to IHS Automotive, which also predicts the U.S. will lead the world in initial deployment and early adoption of self-driving vehicles.
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Service fleets added the most commercial vans among non-rental entities in 2015 for parcel delivery, HVAC, heath services and other sectors, according to new data from Ford and IHS Automotive.
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Lincoln's expanded lineup of luxury SUVs has struck a chord with female buyers, who have been gravitating to the brand, according to new data from IHS Automotive.
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Used commercial vehicle transactions of GVW 3-8 vehicles were just over 176,000 units during the last quarter of the 2015 calendar year, up 14.3 percent from the same time period in 2014 calendar year.
Read More →Commercial fleets will register a lower growth percentage of medium- and heavy-duty trucks in 2016, but feed strong demand for aftermarket parts, according to a new forecast from IHS Automotive.
Read More →Vehicle market analyst IHS Automotive has identified over 500,000 businesses operating fleets of up to 250 vehicles that are expected to purchase new commercial vehicle in the next 15 months.
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