June 20, 2022
Fleet Meet: Inflationary Pressures in Europe and North America
This new biweekly Fleet Meet video series is co-produced by Automotive Fleet and Fleet360 to compare and contrast fleet trends occurring in both Europe and North America. The discussion is co-hosted by Hans Damen, managing partner of Fleet360, who is based in Europe; and Mike Antich, editor, Automotive Fleet magazine, who is based in the U.S. and follows North American fleet market trends in the U.S., Canada, and Mexico.
🎙Today’s topics include:
- The types of inflationary pressures across Europe and North America, and the unintended consequences that may come with it.
- What higher interest rates might mean for retail buyers and the potential benefit for fleets.
- Increased demand for used vehicles the and pressure on resale values.
- Household interest rate increases, gas prices, and impact on the vehicle market. Will we see demand destruction?
Email your comments and suggestions for future topics of Fleet Meet so we can address them!
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🎧 Prefer to listen? Check out the State of the Fleet Industry podcast!
⏱ Timestamps ⏱
0:40 Inflationary pressures in Europe
1:15 Unintended consequences
4:07 Supply & demand imbalances
6:05 Household budgets, interest rates & fuel