Across the first three months of 2021, as the numbers of people who received the COVID vaccine grew, restrictions began being scaled back, and businesses began opening at greater capacity. It has felt like the world is starting to regain equilibrium.
Of all the years that spring has brushed away winter with buds, blossoms, and blooms, this might be the one where we fully appreciate the analogy of renewed life.
Now we just need to get those vehicle supply chains up and running.
Here’s a short look back at the first quarter of 2021.
- The drastic parts shortages initiated by the pandemic continue to lead headlines, and will do so much further into the year. OEMs faced the unprecedented demand for MY2021 vehicles by forcing early cutoff dates and reestablishing options packages. Still, their efforts couldn’t overcome the lingering shortages – predominantly semiconductor chips. For the second consecutive year, OEMS have had no alternatives but to stop production.
- Supply chain disruptions have happened faster during these first three months than in past years, and fleets need solutions. ARI has advice for discussing options with your fleet team and recapped relevant topics that we presented during Work Truck Week.
- Despite the supply chain disruptions, the adoption of advanced technology vehicles is on everyone’s minds. Although consumer sales of electric vehicles continues to grow, the biggest rise will be seen as governments and corporate fleets plan their eminent transitions to EVs. Two major factors that will help fleets execute are telematics data analysis and lifecycle analysis.
- Fleets’ reliance on telematics data is expanding. Companies are increasing their awareness of the ways telematics devices in fleet vehicles are helping them achieve cost control objectives and productivity goals. Now that OEMs are placing telematics in vehicles proactively, it’s become even easier for fleets to establish effective strategies.
- Depending on how your fleet’s vehicle utilization has trended over the past year, there’s a good chance you’ve adjusted your maintenance management approach. One scenario could be that you’ve extended maintenance intervals for better control of operating costs. This is another opportunity to rely on fleet data to help you achieve maintenance cost savings and goals for avoiding downtime.
For a few perspectives on what the next three quarters of 2021 may bring, here are three more outlooks:
- Moving forward with five considerations in 2021
- Top mobility topics for 2021
- The opportunities and challenges poised to influence fleet operations in 2021