SAFETY, US ECONOMY TOP OF MIND. With the end of the year fast approaching our Q4 Fleet Manager Sentiment Index shows that while top fleet managers feel much the same about our basket of 7 key indicators, conversations with them are starting to expose some divergence in their thinking and concerns about some of the potentially more critical categories like safety and the US economy, with one of our customer advisors saying the economy “felt like 2008 all over” as tariffs and a long few years of high interest rates have stifled growth. Fleet managers also continue to be negative on talent availability – especially when it comes to drivers – as well as expressing concerns about vehicle service and maintenance, citing rising costs and increased repair times as especially concerning. *Mouse over any quarter to see its specific chart.
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. […]
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 […]
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