The market is riding upward trends in inventory and sales, although average prices have dropped in the quarter after three straight quarters of increase.
For 2023, expect higher incentives, volumes, and inventory levels, but by how much?
According to Work Truck Solutions, while median mileage for used work trucks has been trending upwards since late 2020, average list prices went up as well.
Join Mike Antich in this video as he discusses why fleet orders for 2023 may be strong due to demand carried over from 2021 and 2022.
The biggest consequence to supply chain disruptions has been longer OTD and difficulty sourcing replacement units, forcing fleet managers to extend the service lives of their vehicles until the next order cycle.
The biggest impact has been caused by the microchip shortage.
Representing the interests of fleet operators in the UK, Paul and his team are uniquely placed to understand the key issues rising up the fleet agenda for 2022.
Fullbay, a platform designed to improve the operational efficiency of heavy-duty repair shops, has introduced Fullbay Marketplace to simplify and accelerate the part-ordering process.
Check out what is top of mind for North American fleet professionals on the issue of inventory constraints and vehicle availability.
Hear about where new-vehicle inventory is, the effect of strong retail demand, and how used-vehicle prices are at an all-time high.
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