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ADESA Analytical Services says the average price of $10,094 was 6.9 percent higher than February 2005 and 2.6 percent higher than January 2006.
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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%.
Read More →Current NTEA Distributor and Manufacturer members are encouraged to apply for MVP status at any time.
Read More →The finals of all four contests took place at Isuzu’s Center of Excellence in Pittston, Pennsylvania, between Aug. 8 and 11.
Read More →UPS announced the expansion of its presence in China with the addition of two new contract logistics distribution facilities in Chengdu and Shanghai, bringing the total to more than 130 contract logistics facilities, covering 87 cities.
Read More →The Kia Corporation has revealed its first pickup truck, the Kia Tasman. The new pickup will launch globally in early 2025. But will it reach the US market?
Read More →Elio Motors’ E-Series, a three-wheel, two-person personal transportation vehicles, is a step closer to production reality, according to the company.
Read More →CERRITOS, CA – Isuzu Commercial Truck of America, Inc.'s two 2007 emissions standard-compliant diesel engines, the 4H and 6H, have been granted certification by the Environmental Protection Agency (EPA) and California Air Resources Board (CARB) for meeting government-mandated emissions standards.
Read More →NEW YORK/WARRENVILLE, IL – General Motors Corporation and International Truck and Engine Corporation have entered into a non-binding memorandum of understanding under which Navistar would purchase certain assets, intellectual property and distribution rights for GM's medium-duty truck business.
Read More →TOKYO, JAPAN – Toyota Motor Corp. has decided to outsource production of low-pollution diesel engines to Isuzu Motors Ltd. Isuzu will invest about 30 billion yen to build a diesel engine plant in Hokkaido that will exclusively supply Toyota.
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