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Supply Constraints Contributing to Decline in Initial Vehicle Quality

A new report says that new vehicle quality is at a record low thanks to supply constraints, and with lost production and low sales forecasts, what does that mean for the industry? Find out in this week's video!

Staff
StaffEditorial
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July 5, 2022

The 102nd State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market.


🎙Today's topics include:

  • J.D. Power says initial new vehicle quality is the lowest in 36 years due to supply constraints.

  • “Lost production” of cars that cannot be built due to supply constraints to increase 800,000 units in CY-2022.

  • Auto industry sales forecasts for CY-2022 lowered by all major research companies.

  • Refundable deposits increase percentage of duplicated EV reservations for different models and OEMs.


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Topics:Fleet Salesautomotive supply chainVehicle QualityState of the Fleet Industry
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