ATLANTA, Feb. 03, 2020 (GLOBE NEWSWIRE) -- Price Digests, the leading VIN-driven vehicle values and specs data provider for the last 100 years, prepares for the future with new and expanded data and coverage for Full-Electric, Hybrid, and Plug-In Hybrid Vehicles for passenger vehicles and commercial trucks.
In recognition of the growing importance of sustainable business practices and the environmental impact of commercial and passenger fleets, Price Digests is leading the way by providing this critical data for its customers. “This is about enabling our customers to make intelligent, informed decisions with regards to environmental impact of their fleets,” says Dan Smith, Managing Director for Price Digests. “Sustainability is increasingly a deciding factor for business partnerships, so we’re empowering our customers to measure and publish their investments in green technology.” As evidence of this, Smith notes that EPA Green Scores will now be included in Price Digests passenger vehicle and light truck specs.
The new and expanded data covers everything from engine and fuel type to MPG, battery size, range and charging times. Jeanette Weber, Product Manager for Price Digests, explains why this matters for fleet managers, fleet finance and insurance companies. “New fuel types, number of electric batteries, and how long a vehicle can last on the road between charges all have a significant impact on the total cost of ownership,” she explains. “Maintenance schedules are affected, supplies and materials are altered, and the average vehicle life can be greatly shifted. These all have a major effect on cost and value calculations, which in turn impact financing, insurance, and even tax rates.”
Enhanced specification coverage for commercial and passenger vehicles is available for all Price Digests API and online software customers beginning February 1, 2020. Visit Price Digests Product Updates for more detailed information about fleet sustainability metrics and the new and augmented data fields.
About Price Digests
For over 100 years, Price Digests has served the vehicle data needs of the insurance, finance, government, and dealer markets through its portfolio of VIN Decoding, Specs and Market Value data solutions for the commercial truck, passenger vehicle, marine, powersport, and recreational vehicle asset classes. Our data solutions help enterprises drive competitive advantage through asset data workflow efficiencies while also playing a pivotal role in decisions surrounding the purchase, valuation, operation, and risk mitigation of assets.
About Informa
Informa PLC is a leading, international business to business information services group, operating in over 30 countries. We create transaction-led exhibitions and content-based events, specialist data, intelligence and marketing services products, as well as scholarly research and specialist reference-led academic content. Our products and services help businesses and professionals connect, learn, do business and gain an edge over the competition. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.
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