J.D. Power released the 2024 U.S. ALG Residual Value Awards winners which emphasized that as prices of both new and used vehicles continue to climb.
Work Truck Solutions third-quarter 2023 Commercial Vehicle Market Analysis revealed demand for new work trucks and vans is growing.
General Motors reported its fourth-quarter sales and 2022 year-to-date sales. The best-selling truck was the Chevrolet Silverado. And the least sold was GMC Sierra LD.
A Kelly Blue Book report shows growing interest in electric and green vehicles, especially SUVs.
A 17.1 million total would match 2019’s total and mark the sixth year in a row that new-vehicle sales would top 17 million.
Trucks have shown the most strength of any segment with full-size trucks up 3%, while Kelley Blue Book shows midsize pickups rose 6%, aided by new and redesigned models.
The average fuel economy of new vehicles sold in the U.S. in December fell to 25 mpg — down 0.2 mpg from a revised November value, according to Brandon Schoettle and Michael Sivak, researchers from the University of Michigan's Transportation Research Institute (UMTRI).
UPS has announced it has reserved 125 Tesla Semis, the new electric Class 8 truck that was recently unveiled by Elon Musk.
PepsiCo is the latest large fleet to make a significant investment in the recently announced Tesla Semi electric heavy-duty truck, reportedly ordering 100 vehicles.
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