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State of the Wholesale Used-Vehicle Market in the UK

Phil Nothard of Cox Automotive International joins Global Fleet Management Voices to discuss how the raw materials shortage is impacting the UK fleet market, positive impacts of decreasing new car sales, and the issue of remarketing vehicles now.

China Government Urges EV Manufacturing Consolidation

The Chinese government has warned against overbuilding in the electric vehicle (EV) market and will encourage consolidation, Industry and Information Technology Minister Xiao Yaqing recently announced, according to a Reuter’s report.

Construction and Service Industries Impacted by Microchip Shortage

The global semiconductor shortage is reaching construction contractors and other service businesses that use small work trucks. Auto makers are prioritizing high-margin vehicles for the retail market as they try to stretch chip supplies across their factories.

Upward Cost Pressures on Fleet Expenses

Learn about the parts shortages extending beyond fleet to impact companies’ core businesses, prices trending upward for fuel and replacement tires, and how commodity prices are increasing across the board.

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