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Sales of diesel passenger cars increased 25 percent during the first six months of 2014, while sales of gasoline cars grew 4.2 percent and hybrid growth turned negative, according to new data.
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Commercial fleets have been slow to add natural gas vehicles to their fleets globally due to the significant upfront purchase cost and relatively high cost of conversion, according to a new research report.
Read More →The number of light-duty vehicles in U.S. roads increased to 252.7 million, a 3.7 million increase since 2013. In addition, the average age of vehicles on the road remained steady at 11.4 years. For the first time since 1995, the average age of light trucks has increased to the same age as passenger cars.
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More than 75 percent of new pickup trucks produced in North America will have aluminum bodies by 2025, according to a new survey funded by an aluminum trade group.
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The average fuel economy of new light-duty vehicles sold in May climbed higher to 25.6 miles per gallon, according to University of Michigan researchers.
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New home construction rose slightly in March while building permits fell, presenting a mixed back of data for the construction industry that relies heavily on medium- and heavy-duty trucks.
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A volatile ethanol market has been driving gasoline prices higher since early February because most gasoline sold in the U.S. has about 10% of the corn-based biofuel.
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Only 20 percent of the North American fleet market has adopted telematics technology, according to a new research report from a London firm.
Read More →Telematics technologies and services, which were first adopted by the long-haul trucking industry, should reach 50 million vehicles in the coming five years, ABI Research predicts.
Read More →In January, the European, Chinese, and Japanese auto markets posted substantial gains. In contrast, the auto markets in the U.S., Russia, and India saw their market sales contract.
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