Wholesale Used Vehicle Price Trend Reverses Course in August
The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
The sales conversion rate also increased last month and ended at a level higher than typical for August, indicating buyers have become more aggressive than they were in June and July.
I watched the State of the Industry video for the week of July 13, 2021, that was entitled “Fleet Manager Uncertainty About MY-2022.” Good show! I couldn’t have said any of this any better, especially the part dealing with 2022 incentives.
Automotive Fleet views itself as a facilitator to provide a platform for different voices from the industry to sound-off on today’s challenges. This regular column is designed to encourage discourse for fleet professionals to let their voices be heard to their peers and other industry professionals. Here is what is top of mind for fleet professionals on the upward pressure on fleet costs.
LeasePlan, a global car‐as‐a‐service company, has completed divestment of 100% of its shares in LeasePlan Australia Ltd and LeasePlan New Zealand Ltd to SG Fleet for a cash consideration of AUD $273 million and a 13% equity interest in SG Fleet.
Chart Industries announced the availability of a new onboard liquid hydrogen fuel system line of products for heavy-duty trucks.
Sustainable energy company Avangrid and its partners are seeking proposals for an online interactive tool that fleet owners can use to understand the feasibility, costs, and benefits of converting to an electric fleet.
The first model of the ID. BUZZ self-driving van is headed to the IAA Mobility conference, and is currently being tested on a closed-course track at Munich's airport.
With prior experience at Ford, Johnson Controls, and Honeywell, Christine Feuell is set to bring customer-centric insights and innovative solutions in her new role with Stellantis and Chrysler.
Together with Japan's Waseda University, Nissan's new process will recover high-purity rare-earth compounds from motor magnets to reach a mid-2020s carbon neutral goal.
The Lion6 trucks operated by Day & Ross have a range of 200 miles on a single charge and will be used for the company’s pickup and delivery routes.
Based on five years’ worth of survey data, the National Ready Mixed Concrete Association calculated ready mixed concrete production grew 9% while the mixer driver population held steady at about 75,000.
The Solo Cargo EV was developed based on direct input from prospective commercial and fleet customers and features a styled expanded cargo box in lieu of the retail version’s traditional hatchback.
Mercedes-Benz has named Magnus Östberg to the newly created position of Chief Software Officer, responsible for the MB.OS vehicle operating system. The move reflects the automaker’s two key strategic focus areas: vehicle software and electrification.
Road safety projects in Queensland, northeast Australia, have been fast-tracked with AU$174.7 million in funding for nearly 50 more upgrades to be completed in the next 12 months, according to a report in the Australian Fleet Management Association (AfMA).
Toyota made a surprise debut of a brand new commercial vehicle at the Commercial Vehicle Show at Birmingham UK’s National Exhibition Centre, running August 31 to September 02., 2021. The car-derived van - the Toyota Corolla Commercial - will be built at Toyota's UK manufacturing facility in Burnaston, Derbyshire.
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