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Market Forces Exerting Pressure on Fleet Business Model

As inflation continues to rise and gas prices skyrocket, the pricing pressures on fleet costs seems to never cease. So, what can we do to strike a balance? Check out these insights in this State of the Fleet Industry video.

March 22, 2022

The 86thState of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market. Today, we discuss whether driver reimbursement is a less-costly alternative to the traditional program of company-provided vehicles.


🎙Today's topics include:

  • As fleet costs increase, driver reimbursement resurfaces as a proposed low-cost alternative to a corporate fleet program.

  • Virtual sales are making some prior fleet drivers ineligible for a company vehicle because annual business miles are under the minimum threshold.

  • Budget shortfalls are widespread as no one foresaw how dramatically fleet costs will increase specifically fuel and acquisition costs.

  • Fleet managers feel that their buying power has diminished with fleet demand greater than OEM fleet allocation

This episode is sponsored by:

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🎧 Prefer to listen? Check out the State of the Fleet Industry podcast!

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