CNG: Energy Game Changer
America has a wealth of natural gas in the ground. So, how do we get it into our cars? Natural gas is already making big inroads in the commercial-truck market. Delivery companies, trash haulers and other firms that operate big fleets are switching to natural-gas vehicles to save on fuel costs. But the really big […]
Fatalities Rise in Pickup vs Car Crashes
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 […]
Study: Electric Vans Cost Less to Own & Operate
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 Showed Strong Numbers and May Go Public
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 Marketing Used Vehicles with AutoNation
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 […]
