
Retail new-car prices have increased by $165 from November 2013, which is 1.7 percent higher than 2013 and the renewed interest in trucks and SUVs is a large factor, according to Kelley Blue Book.
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The vehicles should finish the year as the only category that will increase in residual value, while the broader market should depreciate more than 12 percent.
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Ford has increased the fuel efficiency of its 2015 F-150 by up to 29 percent with a lighter-weight aluminum body, pushing highway mpg for a gasoline-powered pickup to 26 mpg.
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Domestic cars lost the most in value at 3.2 percent among vehicles from the 2009-2013 model-years, while domestic trucks lost 2.1 percent. Compact pickups and full-size passenger vans and full-size cargo vans showed the most strength.
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Reaching its emissions-reduction goals of 10 percent three years early, the parcel delivery fleet has upped its goals to achieve a 20-percent reduction by 2020.
Read More →Preliminary orders of Class 5-7 trucks rose 14 percent in October. Through 10 months of 2014, Class 5-7 net orders are on pace to reach 218,300 units for the year.
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Fleet sales continue to show strength heading toward the end of the year. Through the first 10 months of the year, OEMs have sold 502,793 vehicles to commercial fleets.
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GM posted a 30-percent gain in sales to commercial fleets, as well as a 30 percent gain in sales to government vehicle buyers. Sales to rental customers fell 6 percent.
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The new report from the AAA Foundation for Traffic Safety updates previous research, applying data from 2009-2013.
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The Propane Education and Research Council released a series of videos highlighting companies that are developing and commercializing new propane technologies.
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