5 Fleet & Commercial Vehicle Market Trends for 2024
A Cox Automotive study reveals growth in vehicle miles traveled, AI penetration in fleet management, and e-commerce driving commercial vehicle demand.
A Cox Automotive study reveals growth in vehicle miles traveled, AI penetration in fleet management, and e-commerce driving commercial vehicle demand.
Check out some of the latest personnel moves from across the commercial fleet industry, including the addition of an AI strategist for one company, and the promotion of a national sales manager from another.
Total days’ supply at the start of March fell to 44, compared with the revised 53 at the beginning of February, a 20% decline.
The fleet maintenance provider joins the U.S. Army's PaYS program to offer former service members opportunities for future technician jobs.
Fleet managers identify the frequency of emerging new technologies, high purchase cost of alt-energy vehicles, and limited public charging points among top obstacles to decarbonizing their fleets.
Domestic brands continue to have the highest inventory while Asian imports rank lowest.
Managing EV charging expenses and payments can help smooth the transition to running electric fleet vehicles.
Fleet managers can confidently navigate extreme weather conditions by implementing strategies and insights.
The Insurance Institute for Highway Safety released a new ratings program for partial driving automation systems. Out of the first 14 systems tested, only one earns an acceptable rating.
EV transaction prices in February were lower year over year by 12.8%, an accelerating decline compared to January when prices were lower year over year by 11.6%.
With new-vehicle inventory rising in the U.S., downward price pressure and higher incentives appear to be key drivers of the market’s momentum.
Betz brings over 35 years of experience in the fleet industry to the 2024 conference, which will take place Nov. 4-6 in San Diego, California.
CAR 2024: Attendees will be among the first to see the changes during the opening night welcome reception on March 26.
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