The 69th State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market.
Today's topics include:
The biggest impact of COVID-19 is that it has created a business environment that lacks predictability, which has created a feeling of industry-wide uncertainty.
The 2022 order banks for all OEMs are very healthy as most fleets have heeded the advice to place their 2022 model-year orders early.
Although only at the beginning of the 2022 ordering cycle, several models have already been built out for the entire model-year.
Fleet managers need to get ahead of the curve beyond 2022 and look more long-term to their needs in the 2023 model-year.
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⏱ Timestamps ⏱
0:00 Introduction
0:20 The Largest Impact of the Pandemic on Fleet
1:12 Ongoing Supply Chain Restraints & Parts Shortage
2:24 The Health of OEM Ordering Banks
3:35 Global Supply Chain Issues Lengthening Lead Times for Commodities
4:37 Why Shipping Rates and Freight Volumes Are Soaring
5:43 Collateral Impacts from Supply Chain Bottle Necks
6:26 While Uncertain, This Is Nothing New