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Peterbilt’s low-cab forward Model 320 reached record production in 2014 with more than 1,600 trucks built, a 12 percent year-over-year increase, Peterbilt Motors Company recently announced.
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Light-vehicle fleet sales in January are projected to total 204,000 units making up about 18 percent of the total vehicle sales for the month.
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Waxie Sanitary Supply, a family-owned distributor of sanitary maintenance supplies, has improved safety by 44 percent as a result of using the video-based safety program from SmartDrive Systems.
Read More →Sales of medium-duty trucks in classes 5-7 increased 15 percent in 2014 compared to the prior year, according to ACT Research.
Read More →Orders for new trucks, buses and RVs in classes 5-7 reached 222,200 units in 2014, an increase of 12 percent from the prior year, according to ACT Research.
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Sales of new-model full-size commercial vans rose more than 11 percent in 2014 as several manufacturers transitioned to European-style vans and phased out less fuel-efficient models.
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Ford's Transit Connect paced a 28 percent increase in sales of compact vans in 2014 in a segment that saw the introduction of one new model with a second model debuting in early 2015.
Read More →General Motors increased its total fleet sales by 7 percent in 2014, selling 703,582 vehicles, and grew its fleet sales in all three segments including commercial, government, and rental.
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Used vehicles fell 12.1 percent in value during 2014, which represented a slight improvement from 2013, which saw a 12.8 percent depreciation, according to Black Book.
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In the next 10 years, the fleet industry is forecast change more than it has in the past 15 years. These changes will mirror the broader transformation percolating throughout the global economy.
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