FedEx owns 40,000 vans and trucks and burns through 300 million gallons of fuel per year, most of it diesel. A typical FedEx pickup and delivery truck logs 88 miles per day. So FedEx is going electric. FedEx is pursuing other oil-saving options as well, experimenting with hybrid-electric trucks, biodiesel and natural gas. The company’s […]
Auto loans are continuing to get healthier, a very good sign for auto industry rebound. All loan types, with the exception of bank cards, saw a decrease in default rates for the fourth consecutive month in April, according to S&P/Experian Consumer Credit Default Indices.
Nissan North America has selected Carfax as the exclusive vehicle history report provider for Nissan and Infiniti Certified Pre-Owned programs as of May 1 of this year. Focusing on certified pre-owned has strengthened customer loyalty and vehicle retention for Nissan and helped it reach record setting 110,000 CPO units in the past fiscal year.
Plug-In Electric Vehicle Infrastructure USA 2012 will have an East Coast version this fall – in Detroit in October Called EV Business Models and Planning USA 2012, and organized by EV Update Featuring executives from major OEMs, utilities, and infrastructure developers Focusing on construction of optimized pricing model to encourage off-peak charging and bolster communications […]
While not as visible in the alternative fuel vehicle sector as natural gas vehicles, propane autogas played a larger role at this year’s ACT Expo than last year. Fleets are looking at a longer list of available propane-powered products and fueling systems. Propane autogas is 30% cleaner than gasoline and powers more than 18 million […]