The Source for Multinational Fleet Professionals
November 8, 2022

Lack of Vehicle Availability a Continuing Challenge for Fleets in CY-2023

AF Editor Mike Antich presents the 120th State of the Fleet Industry video, produced by Automotive Fleet, offering insights into the state of the commercial fleet market.

🎙Today's topics include:

  • Fleet managers anticipate vehicle availability will incrementally increase in calendar-year 2023, but this will be partially offset by the fact that total end-user demand will continue to exceed vehicle availability.
  • OEM fleet ordering allocation systems are limiting fleet buyers to fewer vehicles than they requested, causing unordered vehicles to be carried over to the next model year.
  • Ultimately these units that have been carried over into the next model-year will need to be replaced. But eliminating this pent-up demand will take a while.
  • Eventually, the industry is going to find equilibrium between vehicle production and end-user demand, but unfortunately that doesn’t look like it will happen in calendar-year 2023.

 

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Timestamps 

0:00 INTRO

0:27 Fleet managers anticipate vehicle availability will incrementally increase in calendar-year 2023

1:00 OEM fleet ordering allocation systems are limiting fleet buyers

1:26 These units that have been carried over into the next model-year will need to be replaced

5:20 Eventually, the industry is going to find equilibrium between vehicle production and end-user demand

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