Tag: Fleet Management
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Car-sharing in Singapore: Shariot and peers face S$180m debt—what’s next
Overview: A spotlight on Singapore’s car-sharing sector Singapore’s burgeoning car-sharing scene, led by Shariot and related firms such as Autobahn Rent A Car, is facing a substantial financial hurdle. Reports indicate a group of nine related companies is exploring restructuring options as the consolidated debt lands near S$180 million. The development underscores the pressures facing…
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Denmark closes security loophole in Chinese electric buses
Overview: Denmark’s urgent bid to fix a remote deactivation flaw Danish authorities are racing to close a cybersecurity loophole believed to allow remote deactivation of hundreds of Chinese-made electric buses. The move follows broader Nordic concern over similar vulnerabilities and a Norwegian investigation that heightened awareness about potential misuse of remote control features in modern…
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Tariffs Hit Canadian Truck and Bus Makers as New levies Take Effect
Overview: Tariffs Take Effect Across the Heavy Vehicle Sector Canada’s fresh set of tariffs targeting medium and heavy-duty trucks, as well as related parts, began this week, placing additional pressure on a domestic manufacturing sector already navigating global supply chain disruptions and rising material costs. The policy, designed to shield domestic producers from foreign competition…
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Swiss Army’s Reliance on TCS for Vehicle Recovery
The Challenge Facing the Swiss Army Recently, the Swiss Army has encountered significant challenges in maintaining and recovering its fleet of vehicles. With over 34,000 trucks, transporters, and cars, the army is struggling to keep its aging vehicles operational. This situation has compelled the military to seek assistance from private companies, notably the Touring Club…