by John Keller | Jan 17, 2023 | Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Price Advantage
NACS today reported on an article published in the Wall Street Journal saying 10% of global 2022 car sales were EVs. The NACS article can be found here.
EV sales in the U.S. still only make up a small fraction of vehicle sales at 5.8%, but in China and Europe, EVs were 19% and 11% of total car sales, respectively. When adding in plug-in hybrid vehicles, the share of electric vehicles sold in Europe rose to 20.3% of the total last year.
Even though the U.S. saw a smaller share of EV sales than Europe and China, sales were up by two-thirds over 2021, with 807,180 fully electric vehicles sold in the U.S. last year.
by John Keller | Jan 11, 2023 | Fuel Price Management, Fuel Price Management Solutions, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Price Advantage
According to InsideEVs, US hydrogen fuel cell sales decreased in 2022.
Only a total of nearly 15,000 hydrogen-powered cars were sold in the past 11 years. The Toyota Marai accounts for 11,000 of that number.
Inhibitors to growth of the hydrogen fuel cell vehicle market include
- price of the car
- overall energy efficiency
- lack of refueling infrastructure
- limited number of models
- limited geographical availability – basically only California
There are just two models of hydrogen fuel cell vehicles available in California, the Toyota Mirai and Hyundai Nexo.
According to their website, InsideEVs was created not only to publish the breaking news of the day about electric vehicles, but to dissect it, promote it, and, most importantly, examine the how, what, and why of electric vehicles.
by John Keller | Jan 11, 2023 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Price Advantage, PriceAdvantage, Retail Fuel Margins
According to CSP Daily News, Sheetz is cutting the price of diesel by $.50 starting January 10, 2023. The promotion ends at the end of the month. This offer will include both auto diesel fuel and truck diesel fuel options.
This promotional offer follows a similar retail fuel pricing strategy Sheetz implemented in November 2022, when they reduced the price of unleaded 88 gasoline to $1.99 a gallon for one week.
Sheetz has been a PriceAdvantage and Skyline sign customer since 2009.
by John Keller | Jan 6, 2023 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Price Advantage, PriceAdvantage
Congratulations to Chris Hartman of Rutter’s on being promoted to VP of fuels, advertising, and development. Chris is part of the 11th generation of Rutter’s ownership and son of Scott Hartman, Rutter’s president and CEO.
This news was first reported by CSNews.
by John Keller | Dec 29, 2022 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Price Advantage, PriceAdvantage, Retail Fuel Margins
PriceAdvantage customer Minuteman Food Mart made the front cover of the November/December issue of IGM magazine, the publication of SIGMA.
The article is a profile story of Campbell Oil Company and its chain of 60 stores across North and South Carolina.
Minuteman became a PriceAdvantage customer in September 2021 across the 44 stores they had at the time, and when they acquired 16 more stores in June 2022, they rapidly expanded their use of PriceAdvantage to include those stores as well.
by John Keller | Dec 15, 2022 | Customer News, Fuel Price Management, Fuel Price Management Solutions, Fuel Price Optimization, Fuel Pricing Software, Fuel Pricing Strategy, Fuel Pricing Technology, Fuel Software, Industry News, Price Advantage, PriceAdvantage, Retail Fuel Margins
Convenience Store News selects Sheetz as its 2022 Technology Leader of the Year for its forward-thinking take on retail technology. The announcement can be seen here.
Sheetz CEO Travis Sheetz said “Technology is a great enabler to all those businesses we are in and the customers that we serve,” he said. “We are very literal about not using technology for technology’s sake, but using it for what it can do to make our business better.”
On the operations side of the convenience channel, technology helps retailers with efficiencies and labor redistribution to focus employees on the more value-added parts of the business.
Additionally, technology helps with information. “The world is all about data,” Travis Sheetz said. “Not only who has the most data, but who uses it the most effectively. There are very few things today where technology can’t help you be better.”
