Friday, February 19, 2021

Fleet Truck Friday - State of the Fleet Industry: Latest Trends in Fleet Ordering & Remarketing

The forty-third State of the Fleet Industry video produced by Automotive Fleet offers an updated look at the state of the fleet market as presented by AF Editor Mike Antich. 

Topics discussed include: 

-Strong demand for new vehicles in the retail and fleet markets, but earlier final order deadlines is making supply tight.
-Inventory constraints due to high demand for trucks and high demand for vans in last-mile delivery segment.
-Resale values remain strong as vehicle inventory in the wholesale auction market has returned to historical norms. 
-Why the shortage of automotive microchips and semiconductors may have lingering effects as far as 3rd Quarter 2021.

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