Category: OEMS

WORK TRUCK SOLUTIONS: ANNUAL REVIEW OF 2023 DATA REVEALS STABLE DEMAND FOR COMMERCIAL VEHICLES

First published at worktrucksolutions.com/news-and-events The commercial vehicle market has seen remarkable changes over the recent years, but for informed stakeholders, most post-pandemic trends have not been completely unforeseen. Work Truck Solutions’ reports for 2021 and 2022 offered data-driven insights into how the sector was overcoming labor shortages, manufacturing shutdowns, and inventory challenges. In addition, data concerning price changes, inventory levels, days-to-turn, and mileage were analyzed and confirmed a slow-but-steady recovery. Amid the dramatic shifts in inventory numbers, one element of the commentary has remained consistent;...

5 TRENDS SHAPING FUTURE OF COMMERCIAL AUTOMOTIVE IN 2024

The commercial automotive industry stands at the crossroads of economic challenges, evolving customer needs, and a dynamic environmental landscape, setting the stage for a transformative journey in 2024. As a new year unfolds, bringing fresh goals, evolving regulations, and expanded opportunities, let’s delve into the five pivotal trends that promise to shape the industry’s future. Dealerships pivot towards commercial customer obsession In a changing economy where inflation and interest rates have hit the brakes rapidly for retail buyers, dealerships are likely to pivot towards commercial...

Electric delivery startup BrightDrop becomes part of General Motors

DETROIT — Together, GM and BrightDrop have been laying the groundwork for an all-EV future and transforming what it means to make vehicles. Since launching in January 2021, BrightDrop has been an important innovator in commercial EVs, and going forward this integration will be even tighter. Starting today, BrightDrop will become part of GM. We believe that this move will benefit our fleet customers by providing them with an efficient single point of contact through GM Envolve. BrightDrop was born in GM’s Innovation Lab and spent...

ISUZU SELECTS CHARGEPOINT TO PROVIDE EV CHARGING INFRASTRUCTURE AND TRAINING

Isuzu Commercial Truck of America, Inc. (Anaheim, California) announced it appointed ChargePoint, a leading provider of networked solutions for charging electric vehicles (EVs), as an official source to provide EV charging infrastructure and software solutions, as well as training to Isuzu dealers and customers. Isuzu announced in March that it will introduce the 2025 NRR EV, a Class 5 battery electric truck, in early 2024. “This relationship will allow our dealers and customers to get ready now for the introduction of our electric truck next year,”...

BMW, FORD AND HONDA AGREE TO CREATE CHARGESCAPE, A NEW COMPANY FOCUSED ON OPTIMIZING ELECTRIC VEHICLE GRID SERVICES

TORRANCE, Calif., Sept. 12, 2023 – BMW Group, Ford Motor Company and American Honda Motor Co., Inc. today announced that they have entered into an agreement to create ChargeScape, LLC, a new equally-owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers. Benefiting both EV customers and the electric utility industry in the U.S. and Canada, ChargeScape will unlock entirely new value that EVs can provide to the electric grid, while enabling EV customers to earn financial benefits...

2024 Ram Commercial ProMaster

The 2024 Ram ProMaster is the no-compromise benchmark for durability, efficiency, advanced technology/connectivity, safety and convenience aimed at the largest commercial customer categories – vocational and delivery use. The most advanced Ram ProMaster ever is a hardworking Class 2 full-size van designed for businesses, construction jobsites and commercial fleets. ProMaster continues to relentlessly evolve to meet the needs of customers offering outstanding safety and connectivity, interior comfort and efficiency. The most safety features ever offered on ProMaster include Active Drive Assist, Lane Keep Assist, Forward...

Ed Peper Retiring from General Motors: A Look into His Career and Legacy

After a remarkable career spanning over four decades, Ed Peper is bidding adieu to General Motors. His influence and impact on the company have been nothing short of extraordinary, and his retirement marks the end of an era. A GM Veteran Ed Peper joined General Motors in 1984, making him a quintessential GM veteran. The dedication and passion he brought to the company throughout his successful career has been influential in shaping the company into what we know today. His 39 plus-years with General Motors...

SLOWLY INCREASING INVENTORY AND CONTINUED DEMAND FUEL COMMERCIAL VEHICLE INDUSTRY

Work Truck Solutions®, the leading authority on commercial vehicles, today released their Q1, 2023 Commercial Vehicle Market Analysis. The slow but steady increase of inventory available from OEMs is affecting commercial vehicle sales in predictable ways. Inventory • With Ford leading the charge among OEMs, new on-lot inventory per dealer continued to grow: +10.8% QoQ and +46.4% YoY. • With new inventory levels still only 46.3% of what they were in 2019, used vehicles continued to help fill the demand, as evidenced by the rise in used on-lot inventory...