January 4, 2022
CY-2022 Starts a New Cycle of Uncertainty
This episode is sponsored by:
Learn more about the Circle K Fleet Card.
The 76th 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:
- Since day one of CY-2022, the COVID pandemic is continuing to impact the automotive industry will cancellation of auto shows and disruption of return-to-work strategies of major corporations.
- The emergence of the highest rate of inflation in 40 years; across-the-board increases in fleet costs, in particular, the price of fuel; and ongoing constraints in the global supply chain.
- The used-vehicle market is forecast to remain strong up through spring 2022.
- Theory about the future course of the COVID-19 virus.
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⏱ Timestamps ⏱
0:25 COVID Still Creating Uncertainty in 2022
2:17 Uncertainty Beyond COVID
3:24 Positive Trends for the Fleet Industry
4:20 Volatility, Uncertainty, Complexity, Ambiguity
5:37 2022 = VUCA