January 26, 2021
State of the Fleet Industry: Emerging Upward Pressures on Fleet Costs
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The forty-first 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 how fuel prices may be impacted by a potential increase in the federal and state fuel taxes and an increase in CAFE fuel efficiency standards; how rising commodity prices may impact the price of fleet products, such as replacement tires, upfit auxiliary equipment and replacement parts; and how the ongoing global shortage of microchips is slowing vehicle production and increasing lead times.
Watch last week's video on the shortage in automotive semiconductors impacting vehicle production.
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Originally posted on Automotive Fleet