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).
UPS has announced it has reserved 125 Tesla Semis, the new electric Class 8 truck that was recently unveiled by Elon Musk.
PepsiCo is the latest large fleet to make a significant investment in the recently announced Tesla Semi electric heavy-duty truck, reportedly ordering 100 vehicles.
The average fuel economy for new vehicles sold in the U.S. rose to 25.1 mpg.
The average fuel economy of new vehicles sold in the U.S. in December fell 0.2 mpg to 24.9 mpg from the revised value for November, according to the University of Michigan's Transportation Research Institute.
The University of Michigan’s Transportation Research Institute has shown a drop in average sales-weighted miles per gallon for the month of November.
MYRTLE BEACH, SC – City officials recently purchased 22 new vehicles, half of which replace larger, 8-cylinder Crown Victorias, according to thesunnews.com.
The jaw-dropping events of the past six months have made an indelible impression on many fleet managers. The very real possibility that two of the Detroit 3 could quickly (and unexpectedly) enter into Chapter 11 bankruptcy protection, along with some fleet management companies not accepting new-vehicle orders, has caused some corporations (especially those sole sourcing) to reassess sourcing strategies.
When fuel prices crossed the $3.25 per gallon threshold, fleets began looking for ways to downsize vehicles or opt to four-cylinder engines.This trend is reinforced by corporate sustainability initiatives and/or fuel spend/GHG reduction programs. The shift to four-cylinder engines is broad-based and includes many of the nation’s largest fleets. One consequence to this increased demand for four-cylinder models is that fleets have increased their purchases of import-badged vehicles.
Today's new-vehicle market will generate (ultimately) the used-vehicle market of tomorrow. If there is a decrease in new-vehicle sales, there will be a corresponding decrease in the future number of used vehicles in the marketplace. Even though there is a lot of nervousness in the market, no one is anticipating a dramatic decrease in new-vehicle commercial fleet orders for the 2009 model-year. However, the same cannot be said for the retail new-vehicle market.