Conniving car makers and their lobbying might, assisted by the 2008 financial crash, were the key factors in producing the diesel-fuelled air pollution crisis the UK is struggling with today, according to key observers of the disaster.
Earlier government decisions to incentivise diesel vehicles, which produce less climate-warming carbon dioxide, sparked the problem but were made in good faith.
The heart of the disaster is instead a giant broken promise: the motor industry said it would clean up diesel but instead cheated and dodged the rules for years.
Hyperloop One has announced the completion of a test Hyperloop track in Nevada, and is showcasing 11 potential Hyperloop routes across the U.S. as it pushes what it’s calling its “Vision for America.”
Hyperloop One is the most visible of three startups now pursuing Elon Musk’s proposal for a near-supersonic ground transportation system, which it touts as a potential economic game-changer.
The test track, which the company calls DevLoop, is actually not a loop at all, but a 500-meter straight shot.
New research finds financial incentives don’t encourage mass adoption of EV technology but are vital to sustaining sales
As companies such as Tesla and General Motors launch new electric vehicles (EVs) designed to attract the masses, a new report from Edmunds shows that without generous tax incentives, it will be challenging for either company to meet sales goals for these vehicles.
“With gas prices at a relative low and the popularity of SUVs and trucks hitting all-time highs, the EV market is at a crossroads,” said Jessica Caldwell, executive director of industry analysis for Edmunds.
On countless occasions in recent years, the U.S. auto industry has relied on cheap and easy credit from Wall Street to get it through rough patches.
Not this time.
With both bad loans and interest rates on the rise, financial institutions are becoming more selective in doling out credit for new-car purchases, adding to the pressure for automakers already up against the wall with sliding sales, swelling inventories and a used-car glut.
It’s no secret that data and analytics impact the fleet industry on many levels.
But what exactly does this mean and how can managers leverage these technologies?
Join an insightful NAFA webinar – “How to Make Big Data Practical for your Fleet” -- featuring three key executives from the WEX, Inc. fleet team: Kurt Thearling, VP Analytics, Katherine Ferguson, VP Marketing and Bernie Kavanagh, SVP & General Manager, North America Large Fleet.
Outsourcing subrogation provides fleets with a dedicated team whose sole focus is on collecting every dollar that is rightfully owed to the fleet.
By Kevin Reilly, Editorial Communications Manager, The CEI Group, Inc.
Subrogation can be a great tool to ensure fair compensation after an accident, but many fleets end up leaving money on the table; money that the fleet could have collected if they had an experienced team pursuing every possible dollar that can be collected from the at-fault third party.
The process of collection through subrogation is often complex, time-consuming, and riddled with obstacles that make it difficult for a fleet to "dabble" with subrogation. Luckily, there are experts to help fleets through the process.
President Trump isn't expected to show up at the New York Auto Show this week, but his presence will be felt with the reveal of every new model.
Many of the cars making their debut at the show are larger and thirstier, reflecting a new era in which Trump administration may ease gas-mileage targets and slow the adoption of other regulations. The administration says its goal is to put the U.S. auto industry on a solid path and promote American jobs.
To a large extent, Trump can take advantage of a trend that was already in progress in an era of cheap gas — the nation's transition from cars to crossovers, sport-utility vehicles, and pickup trucks. The big losers are smaller cars, which helped the nation save on gas during the Obama administration.
Business mobility and fleet leasing experts Alphabet GB Limited today announced that Stefan Oswald has been appointed to their UK Executive Team as Chief Financial Officer.
Oswald joined the business earlier this month following the departure of Albert Vissers, who returned to the company’s operation in the Netherlands.
Oswald joins from the BMW Bank GmbH in Munich where he was global Head of Asset Risk for five years, responsible for managing residual value risk worldwide.