The 57th 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.
Today's topics include:
- Fleet managers weigh in on the impact vehicle availability constraints have on their fleet operations.
- More fleets are extending the service lives of vehicles to wait out availability delays.
- The used-vehicle market of 2021-2022 is now the best resale market in the history of fleet.
- Short cycling of fleet vehicles re-emerges as a remarketing strategy for some fleets.
⏱ Timestamps ⏱
0:00 Introduction
0:20 Hearing from Fleet Managers Themselves
1:40 OEMs in a Tough Position
2:42 Fleets Forced to Extend Service Life of Vehicles
4:03 Vehicle Availability Constraints Will Only Get Worse
5:09 A Thriving Used Vehicle Market
6:37 Short-Cycling Used Vehicles
8:40 Increased Vehicle Maintenance
9:38 Unprecedented Events Affecting the Fleet Industry