Sales of electric vehicles and plug-in hybrids in Europe earned their second highest ever monthly market share and outsold diesels in August. With 1.32 million units registered since January, it's an increase of 61% year over year.
Shortcycling Re-emerges to Leverage the Strong Used-Vehicle Market
Today’s used-vehicle market is the best it’s been in the history of fleet management and my anecdotal forecast is for it to remain strong through the balance of 2021 and into calendar-year 2022. As a result of these favorable market conditions, some fleets have begun shortcycling some of fleet vehicles.