While Sourcing Improves, Model Availability Disrupts Fleet Standardization

AF Editor Mike Antich offers insights into the state of the fleet market in the 131^st State of the Fleet Industry video, produced by Automotive Fleet.

🎙Today's topics include:

Ongoing sourcing constraints have disrupted fleet standardization strategies.

• When businesses are forced to source different models, it creates inefficiencies by operating an irregular fleet of service vehicles.
• Multiple signs are emerging that sourcing constraints are receding – increased dealership inventories, dramatic decrease in “build shy” units, and OEMs are increasing new-vehicle production.
• Headwinds include an ongoing limited availability of vans and full-size pickups and huge pent-up need to extended life vehicles when companies were unable to source replacement units. 

🤝 Follow and connect with Global Fleet on social media!

• Connect with Global Fleet on LinkedIn.
• Like Global Fleet on Facebook.
• Follow Global Fleet on Twitter.

🎧 Prefer to listen? Check out our podcast!

• Subscribe on Apple Podcasts.
• Follow on Spotify. 
• Subscribe on Google Podcasts.

⌚ Timestamps ⌚

0:00 Intro

0:29 Disruption of Fleet Standardization Strategies

2:20 First Glimpses in Fleet Sourcing Improvements

2:34 Report: GM Projects Nearly Full Production in CY-2023

2:46 Dramatic Decrease in “Build Shy” Units

3:07 Dealer Inventory Steadily Increasing

4:09 Some OEMs Reopen Fleet Order Banks

5:18 Stubborn Sourcing Headwinds Will Persist