Fleet Sales Bolstered By Economic Growth, Low Fuel Costs
A surge in fleet and retail vehicle demand, the current U.S. economy and low fuel prices have helped increase sales of light-duty vehicles (trucks, vans, and SUVs) in January.
Partha Ghosh, ARI director of supply chain management, is among the executives from fleet management companies who offered different explanations for the underlying causes in this Automotive Fleet article. “Fleet sales are usually driven by capital expenditure budgets and business needs,” Ghosh said, as he goes on to references the indirect impact of fuel prices.
The article offers statistics on commercial fleet sales and fuel pricing trends. To read more, click here.