Overall average wholesale prices softened in November from a year ago mostly due to 2017 prices that were elevated due to increased demand from hurricanes Harvey and Irma, even though values of former fleet vehicles increased, according to Tom Kontos, KAR Auction Services' chief economist.
Commercial vehicles with usage-based insurance market is projected to grow by more than 18% by 2024, according to new research from Global Market Insights, Inc.
Mazda, Hyundai, Toyota, and Audi have received top marks for reliability and a low cost for repairs, according to data from automotive repair data and diagnostic solutions provider CarMD.com Corp. The findings came in the 2018 CarMD Vehicle Health Index Make and Model Reliability Rankings.
LeasePlan USA will begin offering its commercial fleets telematics products from Geotab, a Toronto-area leader in tracking and connected vehicle technology.
About 40% of Americans expect to make more service calls during this holiday season than any other time of the year, according to new data from Verizon Connect.