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While the market digests the impact of tariffs, it could see slightly higher levels of wholesale depreciation over the summer.
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With the Court of Appeals temporarily restoring 25% Tariffs, costs, supply chains, and the policy landscape remain uncertain.
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As the effects of the “spring bounce” and initial pull ahead from tariffs diminished, sales decreased in April.
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Data indicates tariffs may raise costs for some vehicle models, but automakers remain uncertain how the added expense could inflate consumer pricing.
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The 2025 Fleet Forward Conference seeks expert-led sessions that help public, private, and global fleet managers respond to tariffs, regulations, and volatility with forward-thinking strategies.
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Work Truck Solutions’ quarterly analysis reveals how tariff uncertainty is adding pressure to recently recovered supply chains.
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New-vehicle affordability declined in April to the worst level yet this year as the bite of higher prices and lower incentives reversed an improving trend.
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Public and private fleets joined vendors and suppliers descended on Long Beach, California for the annual conference April 28-30. Topics like tariff's impacts on fleet costs, EV integration strategies, AI-powered data solutions, and workforce development took center stage.
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Ever since President Trump announced auto tariffs 47 days ago, the cost of new cars has been steadily climbing.
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Consumer confidence plunges worse than expected across leading indexes after tariffs and added import duties seep into automotive markets.
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