July 19, 2021
Everything in Fleet Revolves Around Money
The 66th State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market as presented by AF Editor Mike Antich.
Today's topics include:
- Asset acquisition prices are trending upward and fleet incentive dollars are trending downward.
- Gasoline prices are at a seven-year high.
- Higher commodity prices putting upward pressure on replacement tire prices.
- Ongoing parts shortage creating new soft cost as vehicles sit idle waiting for components to arrive that are on backorder.
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⏱ Timestamps ⏱
0:19 Following the Money in Fleet
2:24 Cost Management: The Never-Ending Struggle
3:56 Microchip Shortage in Accident Management
4:23 Buying a Replacement Vehicle Out of Dealer Stock
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