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.
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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 […]
Work Truck Week 2025 saw record attendance and exhibitors, affirming its status as the premier fleet industry event. Tariffs and regulatory uncertainty were major discussion points, while relationship-building took precedence over new tech. Electric vehicle (EV) momentum slowed amid infrastructure concerns, with alternative fuels like hydrogen and propane gaining interest. Major OEMs showcased electric offerings, […]
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 […]
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