The 53rd State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market.
Today's topics include:
The U.S. Energy Information Administration (EIA) forecasts nationwide average gasoline prices to increase 71 cents per gallon this summer. California flirts with $5 per gallon regular gasoline.
Ongoing automotive microprocessor shortage forecast to extend to year-end 2021, perhaps longer. First quarter of 2021 model-year orders to be impacted by microchip shortage.
New concerns emerge about potential supply chain constraints for rubber-related products.
Used-vehicle resale values continue to experience week-over-week increases helping to reduce fleet depreciation expenses.
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