Three federal agencies on Monday dropped the 54.5 mpg corporate fuel economy target for 2025, which would ease the burden on car and truck manufacturers to produce a vehicle mix that reaches that level.
Improving gasoline fuel economy and strong demand for trucks and SUVs has led federal regulators to eliminate the 54.5 mpg corporate fuel economy target for 2025.
There are a multitude of trends that will impact tomorrow’s fleets. In this blog, I will focus on just two trend lines — technology and governmental mandates. Here's what I foresee.
Plan ahead for the future and have discussions with your senior management about costs and what the future has in store for your fleet. While it looks like the cost of a gallon of gasoline may be going down, the cost of everything else is going to go up.
Kia Motors plans to ramp up its green car lineup to 11 models by 2020, and will begin by offering a hybrid compact SUV now called the Niro Hybrid Utility Vehicle.
The battery-electric BMW i3 has topped Kelly Blue Book's list of the top 10 green cars for 2015 for the second year in a row, KBB.com has announced.
President Obama signed into law two pieces of legislation extending alternative fuels tax credits and removing the federal Corporate Average Fuel Economy (CAFE) program credit cap for bi-fuel natural gas vehicles (NGVs).
Americans (and fleet managers) love their trucks. Occasional spikes in oil prices aside, in most cases the American consumer and the American fleet driver want the biggest possible vehicle they can get their hands on.
Hyundai and Kia Motors may introduce diesel-fueled vehicles in the U.S. to meet stricter fuel efficiency regulations, a senior official with the automakers told Ward's Automotive.
The long-term trend in vehicle cycling for commercial fleets has been a gradual increase in vehicle service lives. An increasing number of companies cut costs by extending vehicle replacement cycles so cash flow can be diverted to other expenditures. When extending vehicle cycles, the most significant (and uncertain) expense is the impact on the maintenance budget. Another argument against extended replacement cycling, albeit less vocalized, is the impact on corporate sustainability.
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