Learn about passenger car fleet sales, the impact of commodity prices, and the demand of green fleet technologies in this episode of State of the Fleet Industry with Automotive Fleet.
The fleet market in Peru for 2016 is forecast to be around 10% of total automotive sales of 171,000 units, which is a decrease from 2015.
Analysts contend that the crude oil supply-and-demand imbalance will be righted just as soon as the price climbs high enough to compel U.S. shale-oil drillers to again ramp up production.
A volatile ethanol market has been driving gasoline prices higher since early February because most gasoline sold in the U.S. has about 10% of the corn-based biofuel.
Controlling fuel costs through hedging is an option for fleets looking to gain budget stability. As with any strategy, fleets must weigh the pros and cons to determine if a fuel hedging strategy is suitable to their specific needs.
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