Author: News/Media Release
Wheels has appointed Matthew Cole as president, where he’ll give attention to the fleet management company’s growth strategy, client relationships, technology and product development.Cole brings greater than 30 years of automotive and technology experience to the role. Most recently, he led Aptiv’s Intelligent Systems business, overseeing operations involving connected and software-defined vehicle technologies.He previously held senior leadership positions at Visteon and Johnson Controls and started his profession at Ford Motor Company. His experience includes strategy, operations, technology and product development across the U.S., Europe and Asia.”Matthew is a proven leader with the experience and vision to steer a fast-growing global…
Inspiration Mobility Group announced the acquisition of select assets of Electrada, a fuel solutions provider for business fleet electrification, which has operated since 2021. Electrada’s team, project pipeline, charging depot development, mental property assets, and energy management software will grow to be a part of Inspiration Energy, which is Inspiration’s charging infrastructure and energy management business.Over the past six years, Electrada has built and operated fleet electrification infrastructure across the US, serving public agencies, Fortune 500 firms, and institutions through its 360 CaaS, FleetFlex, and FleetFlip models. Across greater than 375 depots, the corporate has delivered greater than 99% electric fuel uptime…
Average used vehicle listing prices rose for the third consecutive month in May, reaching $26,918, the very best since mid-2023 and up 6% yr over yr, in keeping with Cox Automotive’s evaluation of vAuto Live Market View data released June 12.Meanwhile, used-vehicle inventory increased in May because the retail sales pace slowed.While list prices increased across all segments, age groups, and price tiers, the general increase was driven primarily by a shift in what was selling. Each vehicle inventory and sales priced under $20,000 declined in April, while sales of higher-priced units grew. Near-new SUVs are posting the most important…
NAFA Fleet Management Association’s (NAFA), the vehicle fleet industry’s largest membership association, is proud to announce its 2026 Class of NAFA Fellows, recognizing five outstanding professionals whose leadership, service and contributions have made a big impact on NAFA and the fleet management occupation.The 2026 Class of NAFA FellowsClyde “Dale” Collins, CAFM – Fleet Maintenance Supervisor, Prince William WaterWith greater than 30 years of fleet experience, Collins has been energetic in NAFA since 2008, serving in chapter, regional and national leadership roles, including as a NAFA Board member and now as Membership Committee Chair.Patti Earley, CAFM – Fleet Fuel Manager, Florida Power & LightWith…
The Manheim Used Vehicle Value Index (MUVVI) rose to 212.6, reflecting a 3.6% increase for wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) in comparison with May 2025, in line with figures released June 5. The May index is up 0.3% month over month. The long-term average monthly move for May is a rise of 0.9%.Non-adjusted wholesale vehicle prices are actually up 3.1% yr over yr, and down 1.2% against April. The long-term average monthly move in non-adjusted values is a decrease of 0.3% in May.”Wholesale value trends proceed to normalize from a robust begin to the yr, as…
Volvo Cars and Google previewed recent in-vehicle AI and navigation features on the Google I/O conference on May 19-20, including an indication of Google Gemini integration with vehicle cameras within the upcoming Volvo EX60.The businesses said the system is meant to permit Gemini, with driver permission, to interpret the vehicle’s surroundings in real time using camera data. Potential uses include identifying road signs, interpreting lane markings, and providing details about nearby landmarks or businesses.One example demonstrated was parking assistance. Volvo and Google said the system could read parking signs and supply drivers with details about restrictions, deadlines, permit requirements, or…
Kia America announced pricing for the 2026 EV6. In-built West Point, Georgia, the 2026 model carries over many features from the previous model 12 months, including all-electric range, fast-charging capability, and advanced driver-assistance technologies, while lowering pricing across the lineup.For the 2026 model 12 months, Kia added a dual-voltage charging cable as standard equipment on all trims. A DC fast-charger adapter shall be available in zero-emission vehicle (ZEV) states.The EV6 also adds Kia Plug & Charge functionality, allowing drivers to hook up with compatible chargers with authentication and billing handled robotically through Kia Charge Pass.Changes to Packaging and Color OptionsKia…
After greater than 70 years in business, Union Leasing announced today it has rebranded as Moventum Fleet Management, signaling a more forward position within the evolving fleet management market.The brand new name reflects a business that has moved well beyond leasing into full-service fleet management, focused on performance, lifecycle value, and long-term client outcomes, the corporate said in a press release.“Moventum reflects where we’re going,” said Mark Hogland, president. “Fleets are critical to how businesses operate, and so they must be managed with that level of importance. We’ve built this company on relationships, accountability, and results, and we’re leaning into…
The Manheim Used Vehicle Value Index (MUVVI) fell to 211.9, reflecting a 1.8% increase for wholesale used-vehicle prices (adjusted for mix, mileage, and seasonality) in comparison with April 2025, Cox Automotive said May 11. The April index is down 1.6% month over month. The long-term average monthly move for April is a rise of 0.7%.Non-adjusted wholesale vehicle prices are actually up 2.8% 12 months over 12 months, and up 0.4% against March 2026. The long-term average monthly move in non-adjusted values is a rise of 1.3% in April.The Manheim Index fell in April and non-seasonally adjusted values weren’t quite as…
Lytx introduced a collection of integrated technologies for fleet operations. Announced on the Lytx Protect Conference, the brand new solutions are for all-in-one platforms that empower fleets to attain clarity, control, and actionable results. Highlighted on the event, LytxOne joins Lytx+ as two all-in-one solutions for video safety and telematics.“LytxOne is a purpose-built platform designed from the bottom up,” said Chris Cabrera, CEO of Lytx. “We created a unified architecture where video safety, telematics, maintenance, compliance, and asset tracking work seamlessly together. We’re deeply committed to providing our customers with multiple all-in-one pathways that deliver a brand new standard for…