This new biweekly Fleet Meet video series is co-produced by Automotive Fleet and Fleet360 to compare and contrast fleet trends occurring in both Europe and North America. The discussion is co-hosted by Hans Damen, managing partner of Fleet360, who is based in Europe; and Automotive Fleet magazine, which is based in the U.S. and follows North American fleet market trends in the U.S., Canada, and Mexico.
🎙Today’s topics include:
Escalating fleet costs are occurring simultaneously in Europe and North America that are impacting fleet operations in the two regions.
Key factors driving higher fleet costs are reduced manufacturer incentives, inflationary prices, a trend to higher interest rates, upward pressure on commodity prices, and a sharp increase in fuel prices.
Both markets are transitioning to EVs away from ICE vehicles, with Europe in the forefront.
Separate forecasts are provided about future used-vehicle market conditions in Europe and North America.
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