The 114th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market.
🎙Today's topics include:
Examined is the transition by most OEMs to an allocation system designed to manage the acquisitions of their products by their fleet customers.
The implementation of controlled allocation systems is a significant development because it is truly a historic milestone that has never happened before in the history of fleet ordering.
Sourcing constraints could theoretically continue into the 2025 model-year due to the large industry-wide pent-up demand of unfilled cancelled orders carried over to the next model year.
An economic recession could accelerate the increase in fleet allocation by dampening retail demand for new vehicles.
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