
Stellantis Taps Hyundai Exec to Lead U.S. Sales
Effective April 22, Jeep maker Stellantis has named Michael Orange as vice president of U.S Sales.
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Effective April 22, Jeep maker Stellantis has named Michael Orange as vice president of U.S Sales.
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Today's video covers ongoing vehicle supply constraints in both the fleet and retail markets; upward pressure on fuel prices; and production slowdowns due to ongoing shortage of microchips impacting orders of 2021-MY vehicles.
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Today's video looks at how severe weather conditions have impacted automotive assembly plants and last-mile delivery shipments across the U.S.; and a rise in gasoline prices due to the severe weather conditions, increased travel resulting from increased distribution of COVID-19 vaccines, and the rollout of stimulus monies.
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Topics discussed include strong demand for new vehicles in the retail and fleet markets; inventory constraints due to high demand for trucks and vans; strong resale values in the wholesale market; and the lingering effects of the shortage of automotive microchips and semiconductors.
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Topics discussed include how early order cutoffs of 2021-MY fleet vehicles are impacting spring order volumes; President Biden’s monumental goal to convert the federal fleet of 645,000 vehicles to zero-emission vehicles; and GM’s commitment to eliminating tailpipe emissions from new light-duty vehicles produced by 2035.
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Topics include how fuel prices may be impacted by a potential increase in the federal and state fuel taxes and an increase in CAFE fuel efficiency standards; how rising commodity prices may impact the price of fleet products; and how the ongoing global shortage of microchips is slowing vehicle production and increasing lead times.
Read More →Topics discussed included addressing product availability challenges; how to maximize vehicle uptime and efficiency; and how work-from-home company practices will impact fleet business activity.
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Check out the latest State of the Fleet Industry video report that discusses GM's creation of its commercial EV brand called BrightDrop and the launch of the EV600 all-electric commercial van and more!
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Automotive Fleet’s weekly State of the Fleet Industry video series will now be made available every Tuesday, offering an updated look at the fleet market.
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The latest State of the Fleet Industry Spotlight video addresses the successful resolution of an unintended tax consequence for the employee use of company provided vehicles that occurred during shelter-in-place mandates in the pandemic.
Read More →Topics discussed include: more commercial EVs entering the market; how maintenance needs for EVs differ from gasoline-powered assets; and the importance of EV education for fleet managers.
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