Fleet Demand Continues to Exceed 2023-MY Fleet Allocations

The 101st State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich.

🎙Today's topics include:

• Fleet order volume for almost all 2023 models continues to be extremely robust.
• As of June 27, 2022, fleet allocation for 2023-MY vehicles has been sold out for 31 models.
• Fuel prices decline a bit but still remain at record prices.
• New construction market to be litmus test as to whether there will be a pending recession.

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⌚ Timestamps ⌚

0:00 Intro
0:54 2023 ProMaster Sells Out Fleet Allocation
1:30 Fleets Ask for Price Protection
2:38 Order Cut-Off for 2023 Chevrolet Bolt & Bolt EUV
3:35 2024 Chevrolet Low Cab Forward Gasoline Truck
4:18 Supply Constraints to Persist Through CY-2024
4:49 “Getting Better” vs. “It is Over”
5:17 Despite Moderation, Fuel Prices at Record Level
6:24 Construction Market is a Litmus Test