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Supply chain recovery brings relief, but rising costs, the potential for tariffs, and an ongoing technician shortage will test fleet managers in the coming year.
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This week's State of the Fleet Industry video takes a look at vehicle prices and values, acquisition and depreciation costs, interest rates, and other economic factors affecting fleets.
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An iSeeCars study found that purple- and red-colored cars hold their value the best in the sedan segment. But would you acquire them for fleet?
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Fleet management is a very complex profession, and true industry education is learned from on-the-job experience.
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Today's video looks at an overview of commercial fleet sales for the month of October; fleet depreciation trends in the wholesale market; and unintended consequences of extending vehicle service lives and the supplemental cost increases.
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Extended replacement cycles for short-term capital expenditure savings often have the unintended consequence of resulting in greater long-term expenses.
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Black Book’s latest COVID-19 Market Update found that while used vehicle values have continued to depreciate since the last week of March, the rate of depreciation has been significantly lower over the last two weeks.
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The Automotive Fleet & Leasing Association (AFLA Canada) held a webinar on Thursday, May 7, 2020 on the Canadian fleet market titled "The Impact of the Recent Economic Downturn on Vehicle Depreciation: What Fleets Need to Know.”
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Vehicle values held steady last week, as various luxury segments continued to see positive movement in their week-to-week wholesale values.
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Overall car segment values decreased 0.11% last week, compared to a 0.04% gain the week before. Overall truck segment values decreased 0.03% last week, compared to 0.19% the week before.
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