
As automakers released financial results for the first quarter of 2024, some reported sales growth while others reported sales declined. Yet, one pattern seems to emerge — hybrids and electric vehicles showed the largest growth when measured as a percentage of sales increase.
Read More →
UPS is expecting a record 1.4 million returns on Jan. 3 after averaging more than 1 million returns every day before Christmas in December.
Read More →
Policy makers at the Federal Reserve on Wednesday announced an increase in interest rates for the first time this year and only the second time since the depths of the Great Recession and there are expected to be at least some repercussions for trucking.
Read More →
The average fuel economy of vehicles sold in August fell 0.1 mpg to 25.3 mpg from July, according to the University of Michigan's Transportation Research Institute (UMTRI).
Read More →
New vehicle sales, including fleet deliveries, are projected to reach approximately 1.7 million units, a 12.8% increase from a year ago, according to a report by True Car.
Read More →
Ford sold more vans in January than any other January since 2001 on the strength of its new 2015 Transit full-size van and redesigned Transit Connect compact van, Ford announced.
Read More →
Low gasoline prices and pent-up consumer demand should propel new car and light truck sales to an estimated 16.94 million in 2015, according to the National Automobile Dealers Association.
Read More →
Vehicle manufacturers should sell 16.5 million light-duty vehicles in retail and fleet channels in 2014, which represents a 6 percent increase from 2013 amid the backdrop of an improving U.S. economy, according to Edmunds.com.
Read More →
Nearly half of all the battery-electric vehicles and plug-in hybrid electric vehicles registered in the U.S. in 2013 came in California, according to the U.S. Energy Information Administration (EIA).
Read More →New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).
Read More →