June 20, 2022
Inflationary Pressures Across Europe and North America
The biweekly Fleet Meet video series, co-produced by Automotive Fleet and Fleet360, compares and contrasts fleet trends occurring across both Europe and North America. The discussion is co-hosted by Hans Damen, managing partner of Fleet360, who is based in Europe; and Mike Antich, editor, Automotive Fleet magazine, who is based in the U.S. and follows North American fleet market trends in the U.S., Canada, and Mexico.
🎙Today’s topics include:
- The types of inflationary pressures across Europe and North America, and the unintended consequences that may come with it.
- What higher interest rates might mean for retail buyers and the potential benefit for fleets.
- Increased demand for used vehicles the and pressure on resale values.
- Household interest rate increases, gas prices, and impact on the vehicle market. Will we see demand destruction?
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⏱ Timestamps ⏱
0:40 Inflationary pressures in Europe
1:15 Unintended consequences
4:07 Supply & demand imbalances
6:05 Household budgets, interest rates & fuel