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The vehicle depreciation rate will reach 17.8% in 2017 on 17 million new-vehicle sales, slightly higher than the 17.3% mark recorded in 2016, according to latest forecast from Black Book and Fitch Ratings. Prior to the Great recession, annual depreciation trended between 16% and 18%.
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Our web editor dove into the fleet-only options from Fiat Chrysler, Ford, and General Motors. Recognition and a recall also made the news recently.
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The top five most traffic congested cities in the world are Mexico City, Bangkok, Jakarta, Chongqing, and Bucharest.
Read More →Rush Enterprises, Inc., which operates a network of commercial vehicle dealerships in North America, announced it has appointed Victor Cummings as vice president of Service Operations.
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A University of Michigan survey finds that more than three-quarters of people are at least slightly concerned about autonomous vehicle hacking that could threaten safety.
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Alphabet’s self-driving car unit Waymo is suing Uber and its Otto autonomous trucking subsidiary for stealing the company’s autonomous vehicle sensor technology. Alphabet is also the parent company of Google.
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The California Department of Motor Vehicles offers advice on how to exit a freeway safely.
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Fiat Chrysler has set dates for when it will stop taking orders for 2017 model year vehicles and has set order-cutoff dates for its lineup of Chrysler, Dodge, Jeep, and Ram vehicles through August.
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Missouri motorists may be required to move over for utility trucks at work, pending new legislation.
Read More →The Sterling Group, a middle market private equity firm based in Houston, Texas, announced that it acquired Time Manufacturing Company, including its Versalift brand.
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