The 131st State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich.
🎙Today's topics include:
- Ongoing sourcing constraints have disrupted fleet standardization strategies.
- When businesses are forced to source different models, it creates inefficiencies by operating an irregular fleet of service vehicles.
- Multiple signs are emerging that sourcing constraints are receding – increased dealership inventories, dramatic decrease in “build shy” units, and OEMs are increasing new-vehicle production.
- Headwinds include an ongoing limited availability of vans and full-size pickups and huge pent-up need to extended life vehicles when companies were unable to source replacement units.