Where’s the Value?
If you serve in a fleet sales or marketing role or just want to know what’s going on in that world, don’t miss Ed Pierce’s monthly ‘A Call to Action’ column. This week, Ed tells us how to answer the question from the CEO: Where’s the value in digital marketing?
“The 3G shutdown will affect millions of vehicle models from 2010 to 2019 that had built-in 3G connectivity,” writes veteran journalist Kevin Dennehy. Don’t miss 3G Goes Away: Are Fleets Ready?
Update on NAFA I&E: Early bird rates have been extended; register by Friday, March 4, and save $200. Are you trying to decide whether or not to attend? Check out this impressive schedule. Covid halted FMW's travel plans for two years. We are so excited about this conference!
FMW welcomes our newest associate editor, Dave Bean, to our team. Meet him in Columbus at I&E.
Janice Sutton
Editor in Chief
Why You Should Attend The Fleet Success Summit
The Fleet Success Summit is happening in the Phoenix area in April, and you should consider attending. Come hear some great speakers and learn about employee engagement, retaining technicians, fleet leadership and organizational health.
West Virginia Bill Could Ban OTA Car Updates to Force Dealer Visits
February 23, 2022 - Just as the auto industry starts to really embrace 21st-century technology, a legislative bill in West Virginia could throw a speedbump in the road of progress. Specifically, the bill hopes to stymie an automaker's ability to push some over-the-air updates to vehicles, depending on how they're used.
The bill would require any post-sale software upgrades to be performed by a dealership rather than an OTA update.
Thankfully, updates to the navigation or entertainment system are excluded, but still, it's hardly a win for consumers. This would require a customer to visit a dealership for a simple upgrade rather than the automaker just pushing it to the car.
Fleet Management Market Size to Reach USD 52.50 Billion by 2030
The increasing focus of fleet managers on operational efficiency and the advent of remote fleet management will bolster the market growth in the coming years.
Moreover, growing fleet safety and security concerns are augmenting the need for proper fleet management ultimately surging the growth of the market during the forecast period.
The effective scheduling of vehicles, drivers, and route planning helps in increasing efficiency and keeping track of the location of vehicles. Moreover, customer satisfaction is enhanced due to the simplified booking and appointment process.
Used-Vehicle Supply Rises; Average Listing Price Dips From Record Levels
Used-vehicle inventory climbed during January to more normal levels on weaker sales, according to the Cox Automotive analysis of vAuto Available Inventory data. The average list price dipped from record levels in December.
At the end of January, the average listing price had fallen below peak levels to $27,633 when it had been above $28,000. Still, the average listing price was 29% above the end of January 2021.
The total supply of unsold used vehicles on dealer lots across the U.S. climbed to 2.55 million units at the end of January, compared with Cox Automotive’s revised number of 2.38 million at the end of December. The supply at the end of January was about 1% above a year ago.
