By Gary Mott, President, FLD Remarketing
By all accounts, 2023 was a disruptive year for fleet. From continued challenges brought on by the pandemic, to supply chain issues and lingering shortages, it seemed at times that fleet just couldn’t get a break.
While it appears vehicle availability picked up towards the end of 2023, the UAW strike, and the need to retrofit plants to produce electric vehicles, has thrown a return to pre-pandemic production levels into question.
And further, given that fuel costs are a full 40% of most fleet budgets, even the slightest increase can have a crippling effect on the industry.
While 2023 was undoubtedly a challenge, the team here at FLD certainly sees better days on the horizon. That doesn’t mean there’s not still a mountain of disruption for us all to face, but rather that we are confident in the industry’s ability to meet these challenges head-on.
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