Our Q3 Sentiment Index shows that top fleet managers are feeling much the same as they did in Q2 about the basket of 7 key fleet topics we query them on every quarter. Confidence in the ability to acquire vehicles remained near an all-time high, with our Customer Advisory Board members reporting little problems acquiring vehicles. Meanwhile, confidence in service and maintenance is hovering near some of the lowest numbers we’ve seen over the past year with several of the fleet managers we spoke with decidedly negative on the topic. Note that while we are seeing some standard variance from the Q2 numbers regarding our other 7 topics (<- 5%) follow up conversations with our panel indicate that for the most part, fleet had a quiet Summer. Be sure to keep an eye out for our Q4 Sentiment Index when we release it in early December for a look at fleet manager sentiment as we head into the new year. *Mouse over any quarter to see its specific chart.
The Q2 2025 White Metal Market Report highlights ongoing uncertainty in the wholesale medium-duty vehicle market, driven primarily by tariffs, high interest rates, and shifting fleet strategies. Once predictable, the fleet industry has faced volatility since the pandemic, with managers now adopting a “wait and see” approach toward tariffs rather than making premature plans. While […]
One of our most popular series, “Get to Know TeamFLD’s” Hernan Londono, who had a job at an auto auction during college moving vehicles into the bidding lanes!
This year’s Work Truck Week was the biggest event of the year and our Rich Mallek was there to give his thoughts in a Fleet Management Weekly interview live from the show floor.
In Q1, fleet managers expressed slightly more confidence across most areas compared to Q4 2024. However, concerns remain. Supply chain disruptions—especially around semiconductors—persist, despite signs of resilience. Vehicle availability is improving, but upfit delays continue. Economic uncertainty, especially for small businesses, and geopolitical tensions are causing caution. Fuel price outlook is modestly optimistic. Overall, many […]
One of our most popular series, “Get to Know TeamFLD’s” Jeannine DeLeo, whos dad was a wholesaler and taught her about the auto business when she was only 16 years old!
In 2024, the wholesale used vehicle market returned to more “familiar” patterns after years of volatility. Values declined about 15% across most classes, with smaller vehicles holding value better than larger ones. High-mileage, lower-quality units were abundant, while newer, low-mileage vehicles remained scarce—a trend expected to persist in 2025. Economic uncertainty, interest rates, and a […]
The 2024 White Metal Market Report (Q3) highlights a stable yet uncertain used vehicle market. While consumer spending remains strong despite inflation and high interest rates, economic uncertainty lingers, and any major disruption could push the market downward. Housing prices are rising, unemployment is slightly up, and a strong U.S. dollar is limiting international demand. […]
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