After fleet sales ran far below historical averages for the last three years, increases in 2023 won't be close to levels before 2020.
GM has overtaken Ford as the leader in the commercial channel, Ford remains on top in government fleet sales, while Stellantis’ share dropped.
Catalytic converters contain amounts of highly expensive metals, making the units extremely attractive to criminals seeking easy, quick cash. The number of such thefts is soaring, and the thieves are becoming more dangerous
Upfitting is a complicated process with many opportunities to make mistakes, sometimes very expensive ones. The first key step to a successful upfit is "Plan, Plan, Plan."
The risk of fleet manager burnout isn’t a new phenomenon, but it has reached an intensity never seen before and it is pervasive not only in fleet, but throughout society as a whole.
Some manufacturers may be shifting more of their sales to fleet as they see retail sales soften due to consumer economic concerns.
In addition to product availability issues, spare parts shortages, and elevated fuel expenses, construction companies are also contending with supply constraints with building materials and staff shortages due to COVID.
Fleet industry leaders and experts are invited to submit session proposals for the Global Fleet Conference 2023 education program.
The Merchants leadership team will remain in their current roles.
If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
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