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.
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 […]
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. […]
One of our most popular series, “Get to Know TeamFLD’s” Ron Fields, who has worked in the automotive field since he was 16 years old!
The 2024 White Metal Market Report (WMMR) provides a detailed review of the used vehicle market, which has stabilized after a challenging start to the year. While prices softened by about 10% in the third quarter compared to 2023, trends vary across segments. Passenger and light-duty vehicles remain in steady demand, while larger vehicles, such […]
Fleet managers face challenges with visibility during the remarketing process, particularly after the pandemic, leading to costly consequences like selling assets for less than their worth. This issue is exacerbated by the geographical spread of fleets and the complexity of managing assets remotely. Despite using advanced software, fleets often struggle to track assets’ locations and […]
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