
IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
IARA Summer Roundtable: A panel of economists laid out a mash up of economic indicators and remarketing industry signals that show the worst is over since 2020. But how much improvement lies ahead?
Topics discussed include the double-digit percentage increase in the sale of EVs in CY-2020; a review of the Top 300 fleets committing to transition to all-EV fleets; a review of recently announced EV products by OEMs and FMC electrification initiative; and challenges and headwinds of operating an EV fleet.
Topics discussed include strong demand for new vehicles in the retail and fleet markets; inventory constraints due to high demand for trucks and vans; strong resale values in the wholesale market; and the lingering effects of the shortage of automotive microchips and semiconductors.
Topics discussed include how early order cutoffs of 2021-MY fleet vehicles are impacting spring order volumes; President Biden’s monumental goal to convert the federal fleet of 645,000 vehicles to zero-emission vehicles; and GM’s commitment to eliminating tailpipe emissions from new light-duty vehicles produced by 2035.
Topics 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; and how the ongoing global shortage of microchips is slowing vehicle production and increasing lead times.
Topics discussed included addressing product availability challenges; how to maximize vehicle uptime and efficiency; and how work-from-home company practices will impact fleet business activity.
Check out the latest State of the Fleet Industry video report that discusses GM's creation of its commercial EV brand called BrightDrop and the launch of the EV600 all-electric commercial van; the shortage in automotive semiconductors impacting vehicle production; Wheels’ integration with OnStar data; Cox Automotive expansion into fleet management services; and the entry of Jim Pattison Lease into the U.S. fleet market.
The latest State of the Fleet Industry Spotlight video addresses the successful resolution of an unintended tax consequence for the employee use of company provided vehicles that occurred during shelter-in-place mandates in the pandemic.
Automotive Fleet views itself as a facilitator to provide a platform for different voices from the industry to sound-off on today’s challenges. This regular column is designed to encourage discourse for fleet professionals to let their voices be heard to their peers and other industry professionals.
Today's video looks at chassis availability and long lead times for products; new commercial EVs catching the interest of commercial fleets; major fleet safety initiatives impacted by budget constraints; and how the work-from-home business model raises concerns about fleet utilization and rightsizing.
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