THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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Forecast

ALG Projects 17M New Vehicles Sold in 2019

Vehicle manufacturers will sell 17 million new vehicles in 2019, which would represent only a 1.3% decline from a year that recorded a third consecutive year of more than 17 million new vehicles sold, according to Oliver Strauss, chief economist for TrueCar’s ALG.

AAA Predicts Holiday Traffic Congestion

More than 102 million people will be on the nation's roadways this holiday season, marking a 4.4% increase over last year and an all-time record high since AAA began tracking holiday vehicle travel in 2001.

Number of EVs to Double by 2021

The number of EVs on U.S. roads will double by 2021, according to an association representing privately held electric companies.

Fuel Prices Increase Fleet Operating Costs

Higher fuel pricing has been the No. 1 factor contributing to higher operating costs in calendar-year 2018. Since fuel makes up the largest portion of fleet operating costs, it has strongly contributed to the increase in total fleet spend.