The Source for Multinational Fleet Professionals
August 2, 2022

Industry Consolidation Accelerates Industry Transformation

In Automotive Fleet’s 106th video episode of State of the Fleet Industry, gain insight into the state of the fleet market as presented by AF Editor Mike Antich.

 

🎙Topics include:

  • Merchants Fleet will be acquired by Bain Capital and a wholly owned subsidiary of the Abu Dhabi Investment Authority, which is one of the largest sovereign wealth funds in the world.
  • The acquisition will provide much deeper pockets to accelerate the launch of new services, create a financial environment for more rapid implementation of new technologies, and provide the financial wherewithal for Merchants to expand into new markets.
  • The anticipation is that the industry is on the verge of an onslaught of new, non-traditional competitors entering the fleet space.
  • The momentum driving industry consolidation in today’s market will continue as there are several companies that have stated they are willing buyers of existing FMCs.

📰 Sign up for the Global Fleet newsletter.

 

🤝 Follow and connect with Global Fleet on social media!

🎧 Prefer to listen? Check out our podcast!

 

 

Timestamps ⌚

0:00 Intro

3:20 Onslaught of New Non-Traditional Competitors

3:44 Software-as-a-Service (SaaS) Competitors

4:02 Legacy OEMs Bundling Assets with Services

4:18 New Business Models from Startup EV OEMs

5:02 Look Outside of Fleet for New Fleet Trends

 

0 Comments

Latest Videos Popular Videos
a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account