Efforts to reduce the number of deaths in crashes between cars and light trucks have been successful with SUVs but not with pickups, a new federal report shows. The report, which was quietly released last month, says fatalities in car-truck crashes were down 8% from 2002 to 2010, thanks to a 17% decrease in fatalities […]
According to a new study, electric passenger cars cost up to $6,000 more to buy and operate over the vehicle’s lifetime than an equivalent fossil fuel car. Not so with electric delivery vans – they are likely to cost as much as $5,000 less to own and operate when compared to a similar van running […]
AutoTrader filed federal paperwork needed to become a publicly traded company, with $1B in revenue and $334.6M in adjusted EBITDA last year – 39% growth in revenue and 57% growth in EBITDA from the previous year. Strategic acquisitions and organic growth led to the results, the company said, and the new entity includes AutoTrader.com, Kelley […]
Avis Budget Group, Inc. is offering consumers used rental units in a new marketing program. The company has introduced the Ultimate Test Drive, a new program designed to respond to consumer demand for the purchase of well-maintained used cars. The initiative, in collaboration with AutoNation, Inc., will offer consumers a wide selection of late-model Avis […]
Ed is understandably proud of the wide array of fleet-friendly vehicles that GM has to offer. Fleets have told him that their biggest challenge is managing their total cost of ownership, and that revolves primarily around two things: residual values and the cost of fuel.
In our interview, Ed gives us some insight into the automaker's energy diverse tactics and their successful efforts to optimize residuals.