A key measure contained in the federal Fixing America’s Surface Transportation Act (FAST Act) will usher in an era of paperless vehicle sales and pave the way for vehicle-to-government transactions.
KAR Auction Services, Inc. (reported its third quarter financial results for the three months ended September 30, 2015. For the third quarter of 2015, the company reported revenue of $666.7 million as compared with revenue of $589.1 million for the third quarter of 2014, an increase of 13 percent.
The U.S. Environmental Protection Agency released that Estes Express Lines will pay a $100,000 penalty for violations of the California Truck and Bus Regulation, for failing to install particulate filters on 73 of its heavy duty diesel trucks.
According to the U.S. Department of Energy, automobile components made with advanced composite materials could reduce the weight of passenger cars by half and improve fuel efficiency by nearly 35 percent.