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Software Service DropCar Comes to Los Angeles

The initial focus will be on vehicle movements and logistics for the car-sharing unit of one of...

DropCar’s services will play a supporting role for the wide range of new transportation options coming to car-centric Los Angeles, from ride-hailing and mobile maintenance, to luxury vehicle subscriptions.

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Mobility Shift Will Come with Mass Autonomous Vehicle Adoption

Cox Automotive sees mobility services reaching an inflection point in 2023.

Mass adoption of autonomous vehicles should begin ramping up in 2023 and will ultimately drive a shift in vehicle ownership from consumers to larger mobility service providers with large fleets of battery-electric, autonomous vehicles, according to a new study from Cox Automotive.

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Used Fleet Vehicles Worth 8.1% More Than Last Year

Vehicles that went to auction from fleets performed the strongest in July, according to KAR...

Vehicles that were taken out of commercial, government, and daily rental fleets and sold at auction in July were worth 8.1% more than they were a year ago and 0.4% more than in June, according to Tom Kontos, KAR Auction Services' chief economist.