New Vehicle Sales - Tagged Posts

Average New Pickup Truck Prices Up Year-Over-Year

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.

New Vehicle Fuel Economy Falls to 25 MPG

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 Orders 125 Tesla Semi Electric Trucks

UPS has announced it has reserved 125 Tesla Semis, the new electric Class 8 truck that was recently unveiled by Elon Musk.

PepsiCo Orders 100 Tesla Semis

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.

New-Vehicle Sales Down 2.3% in First Half of 2017

New-vehicle sales through the first six months of 2017 are expected to be down 2.3%, and high quality off-lease vehicles may be part of the reason why, according to Kelley Blue Book.

Medium-Duty Sales Expected to Stabilize Commercial Market in 2017

The commercial vehicle market in 2016 was a tug of war between gaining medium-duty and declining heavy-duty sales, according to IHS Markit. Next year, medium-duty sales may be high enough to offset those losses.

Ford's F-650/F-750 Sales Increase 59%

Sales of Ford’s medium-duty F-650 and F-750 trucks have increased 59% year-over-year through August, the best year-to-date sales through August since 1997, according to Ford.

Polk Forecasts New Commercial Van Models Will Drive Market Segment Growth

New analysis from R.L. Polk says the commercial van segment in the U.S. is growing as it splits into two categories, full-size and compact, where once only the full-size category existed. The company said this is due to the arrival of a number of new models in the marketplace.

Fleet Management Circa 2018

There will be dramatic changes in new-vehicle purchasing processes, remote vehicle diagnostics, increasingly “smarter” vehicles, and next-generation online fleet management systems powered by fleet-specific social media.

Dual Sourcing Re-examined as Supplier Reliability Comes into Question

The jaw-dropping events of the past six months have made an indelible impression on many fleet managers. The very real possibility that two of the Detroit 3 could quickly (and unexpectedly) enter into Chapter 11 bankruptcy protection, along with some fleet management companies not accepting new-vehicle orders, has caused some corporations (especially those sole sourcing) to reassess sourcing strategies.