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Category: Vehicle News

Is TomTom Telematics About to be Acquired?

Is TomTom Telematics About to be Acquired?

| January 3, 2019

New reports from Europe suggest that Michelin and Bridgestone may be poised to acquire the TomTom Telematics business unit, owned by the Dutch company TomTom. According to the Dutch financial daily Het Financieele Dagblad, Michelin is circling in. Also in the running is Pamplona Capital Management, which already holds a sizable stake in another telematics […]

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Mitsubishi Reports Best Annual Sales since 2007

Mitsubishi Reports Best Annual Sales since 2007

| January 3, 2019

If you thought the auto business was rolling backwards, take a look at Mitsubishi Motors North America, Inc. (MMNA) which closed the 2018 calendar year with its best sales since 2007. It’s powering forward, with 118,074 vehicles sold, total 2018 sales represented an increase of 13.9 percent over calendar year 2017. This marks the sixth […]

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LightningElectric Gets Nod from NY Truck-Voucher Incentive Program

LightningElectric Gets Nod from NY Truck-Voucher Incentive Program

| February 9, 2018

Lightning Systems, a global developer of efficiency and emissions improvement solutions for fleets, has announced that its new LightningElectric zero-emissions package for the Ford Transit 350HD has been approved for the New York Truck-Voucher Incentive Program (NYT-VIP). In partnership with the New York State Energy Research and Development Authority (NYSERDA), New York State Department of […]

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Electric Ferry Sinks Emissions and Costs

Electric Ferry Sinks Emissions and Costs

| February 5, 2018

Meet the first 100% electric ferry in Norway, the “Ampere”, who’s developers boast that it has cut emissions by 95% and costs by 80% compared to traditional fuel-powered ferries since its launch in the spring of 2015. With the aim of reducing harmful emissions and noise pollution, the “Ampere” is the result of a dedicated […]

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Zero-emission transportation to be a Focus at Green Truck Summit 2018

Zero-emission transportation to be a Focus at Green Truck Summit 2018

| December 11, 2017

The Green Truck Summit, a part of Work Truck Week, held March 6–9 at Indiana Convention Center in Indianapolis, Indiana will focus on the importance of zero-emission transportation and new intiatives in the space. Designed for fleet managers, truck equipment distributors, upfitters and truck dealers from around the world, the annual conference provides current insights […]

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Group to Issue Report on Safety Parameters for Autonomous Vehicles

Group to Issue Report on Safety Parameters for Autonomous Vehicles

| December 22, 2016

An industry group that bills itself as a “nonpartisan organization that aims to reduce America’s dependence on oil,” Securing America’s Future Energy (SAFE), will release a report presenting the findings of the Commission on Autonomous Vehicle Testing and Safety on January 5th from the Consumer Electronics Show  conference in Las Vegas, Nevada.  The report will outline clear and […]

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Navistar Reports Q4 Net Loss of $34 million, Revenues Dip 17% YOY

Navistar Reports Q4 Net Loss of $34 million, Revenues Dip 17% YOY

| December 20, 2016

Navistar International Corporation (NYSE: NAV) announced a fourth quarter 2016 net loss of $34 million, or $0.42 per diluted share, compared to a fourth quarter 2015 net loss of $50 million, or $0.61 per diluted share. Revenues in the quarter were $2.1 billion, a decline of 17 percent compared to fourth quarter 2015. According to […]

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Average New Vehicle Price Hits All-Time High in 2016 Driven by Light Trucks

Average New Vehicle Price Hits All-Time High in 2016 Driven by Light Trucks

| December 15, 2016

The average new vehicle transaction price will hit an all-time high in 2016 at $34,077 per vehicle, a 2.7 percent increase from 2015 and a 12.6 percent increase from 2011, according to a new report from car info and shopping network, Edmunds. The group attributes this rise in prices primarily to the recent sales growth in light […]

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Traction Device Now Covers Wide Base Single Tires

Traction Device Now Covers Wide Base Single Tires

| November 30, 2016

AutoSock, a provider of an Alternative Traction Device (ATD) for passenger and commercial vehicles, has announced its product lines now cover several wide base single tires.  The patented textile cover ATD is available from McGee Company, the U.S. distributor of AutoSock products for Class 3-8 medium- and heavy-duty trucks. Offered in a range of sizes for U.S. and […]

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New Study Shows Ride-Sharing to Fuel Sales of Autonomous Vehicles

New Study Shows Ride-Sharing to Fuel Sales of Autonomous Vehicles

| November 23, 2016

If present is prologue, the explosive growth in ride-sharing services and related investments will fuel the sales of autonomous, or self-driving cars, to explosive levels over the next decade. In fact, a new report from Juniper Research says self-driving cars will reach 14.5 million in 2025, up significantly from only a few thousands in 2020, […]

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