February 7, 2023

Model Availability Derails Fleet Standardization but Signs Emerge that Sourcing is Improving

The 131st 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:

  • Ongoing sourcing constraints have disrupted fleet standardization strategies.
  • When businesses are forced to source different models, it creates inefficiencies by operating an irregular fleet of service vehicles.
  • Multiple signs are emerging that sourcing constraints are receding – increased dealership inventories, dramatic decrease in “build shy” units, and OEMs are increasing new-vehicle production.
  • Headwinds include an ongoing limited availability of vans and full-size pickups and huge pent-up need to extended life vehicles when companies were unable to source replacement units. 

 

📰 Sign up for the Automotive Fleet newsletter.

 

🤝 Follow and connect with Automotive Fleet on social media!

🎧 Prefer to listen? Check out the State of the Fleet Industry podcast!

 

 

Timestamps 

0:00 Intro

0:29 Disruption of Fleet Standardization Strategies

2:20 First Glimpses in Fleet Sourcing Improvements

2:34 Report: GM Projects Nearly Full Production in CY-2023

2:46 Dramatic Decrease in “Build Shy” Units

3:07 Dealer Inventory Steadily Increasing

4:09 Some OEMs Reopen Fleet Order Banks

5:18 Stubborn Sourcing Headwinds Will Persist

0 Comments

Latest Videos Popular Videos
a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account