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.
February 9, 2021
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.
February 2, 2021
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.
January 26, 2021
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.
January 21, 2021
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; the shortage in automotive semiconductors impacting vehicle production; Wheels’ integration with OnStar data; Cox Automotive expansion into fleet management services; and the entry of Jim Pattison Lease into the U.S. fleet market.
January 19, 2021
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.
January 12, 2021
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.
January 11, 2021
Today's video looks at chassis availability and long lead times for products; new commercial EVs catching the interest of commercial fleets; major fleet safety initiatives impacted by budget constraints; and how the work-from-home business model raises concerns about fleet utilization and rightsizing.
January 4, 2021
Topics discussed included the closure of OEM assembly plants and physical auctions; declines in resale values early in 2020 followed by strong residuals through the balance of the year; pandemic-induced flattened operating costs through the year; and the boom in last-mile delivery and e-commerce.
December 28, 2020
Today's video looks at increased lead times and tight product availability for vocational fleets; the surge in last-mile deliveries making it difficult to source vans; and how the pandemic has delayed throughput times at upfitters and body builders, and created parts shortages.
December 21, 2020
Today's video looks at the sale of Donlen by Hertz Global Holdings to Athene Holdings; November fleet sales data; and the uptick in conversion of managed fleets to outsourced fleet management.
December 7, 2020