The Source for Multinational Fleet Professionals
VW will increase allocation of units earmarked to commercial fleets by 9%. In CY-2023, VW forecasts its total sales will grow 25% as its product portfolio transforms from non-SUV models to more SUV and BEV models.
Vehicle demand is expected to remain higher than availability in 2023. In this State of the Fleet Industry video, the challenge this will present fleet managers is examined.
Sigrid de Vries reported that the European auto industry is a world leader in e-mobility and sustainability, digitalization and road safety, but production and sales pose challenges.
Due to the parts shortage and the lockdown in Shanghai, Toyota is further suspending operations at some of its domestic plants at the beginning of June.
Called Blue Oval City, the complex will be constructed on a nearly six-square-mile site in west Tennessee and produce next-generation electric F-Series pickups and advanced batteries.
The BMW iX is being manufactured at the BMW Group’s largest European production plant on an assembly line with the flexibility to build a mix of BMW 5 Series, 7 Series, and 8 Series models.
Mazda Toyota Manufacturing (MTM), the new joint-venture between Mazda Motor Cor. and Toyota Motor Corp., will invest $830 million to incorporate more advanced manufacturing technologies to its production lines and provide enhanced training to its workforce of up to 4,000 employees.
Commercial vehicle production in the U.K. fell by 57.2% in June, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
The production and sale of commercial vehicles in June were at 527,000 and 536,000, respectively, which indicated growth through the influence of trucks, with sales volume setting a new historical record.
Ford started resuming production and operations in the United States May 18, 2020.
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