May 11, 2021
Assessment of April 2021 Fleet Vehicle Sales and Impact of Commodity Price Increases
The 56th State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market as presented by Automotive Fleet Editor Mike Antich.
Today's topics include:
- Passenger cars fleet sales decline 49% in April 2021 compared to April 2019.
- U.S. is part of a world-wide trend occurring in every fleet market to transition away from passenger cars to crossovers and SUVs.
- Widespread increases in commodity prices occurring across the board ranging from fuel to steel.
- Copper commodity prices experiencing strong increases due to anticipated higher demand to green fleet technologies.
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