With fewer new vehicles sold during 2020 and 2021, billions of miles that would have been recorded by newer cars and light trucks have shifted to older models.
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The program is the next step in advancing Valvoline's strategy to extend its maintenance service model to EV owners, OEMs and fleets.
Blustery winter weather and geopolitical tensions are helping to drive the price of oil higher, nearly $30 more than in August.
January 2022 new light-vehicle SAAR reaches seven-month high though sales were still held back by inventory.
Uncertainty over Russia’s intentions toward Ukraine is contributing to higher crude oil prices, which are closing in on $90 per barrel.
Package will help make those vehicles more affordable and convenient, while building out the infrastructure and charging stations.
Proponents of the law say automakers don’t want to service the entire fleet — their ‘end game’ is to control parts.
