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Forecast

15 Predictions that will Impact the Fleet Market in CY-2022

When looking ahead to the next 12 months, it is clear that it will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs have increased due to reduced fleet incentives. Fuel prices, in all likelihood, will continue to trend upward and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.

National Safety Council Predicts Thanksgiving Road Deaths

As many as 417 people could lose their lives in motor vehicle collisions this Thanksgiving Day holiday compared to an estimated 433 a year ago, which represents a 4% drop in the fatality estimate, according to the National Safety Council.

Labor Day Road Deaths to Fall From Year Ago

Approximately 398 people could lose their lives and another 45,300 could suffer serious injuries on roadways over the Labor Day weekend, according to the National Safety Council's estimate, which is the lowest it has issued for the three-day holiday period since 2015.

Newark: Riskiest Driving City Over Fourth of July

Newark, N.J., roadways were found to be 53% riskier than any other U.S. city between July 3 and July 5, 2018, based on commercial fleet data collected by Lytx, a provider of video telematics and analytics.

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.

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