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Forecast

NTEA Releases 2017 Fleet Purchasing Outlook

Two of every five vocational truck fleet managers plan to increase their vehicle count in 2017 and more than half now use telematics, according to the NTEA's 2017 Fleet Purchasing Outlook.

Used Pickup Sales Weakening

A rising supply of used pickups coupled with aggressive pricing for new models is expected to cause a weakening in values in the wholesale market, according to new data from Black Book.

GM Replacing 88% of Lineup By 2020

General Motors should gain market share by replacing 88% of its light-duty lineup by 2020, while Volkswagen and Korean automakers are relying too heavily on cars with consumer demand shifting toward SUVs and trucks, according to a Bank of America Merrill Lynch analyst.

Navigant: 12M EVs on Global Roads in 2023

The number of plug-in electric vehicles in use is projected to reach 12 million globally by 2023, while worldwide revenue from charging services is expected to increase to $2.9 billion from $152.6 million projected for this year, according to Navigant Research.

Vehicle Depreciation to Accelerate in 2015

Last year the depreciation rate on used vehicles reached 12.1 percent, which was lower than the initial forecast. For 2015, depreciation levels are expected to hit 14.5 percent, according to a new report from Black Book and Fitch Ratings.

Fleet Management 2025 Forecast

In the next 10 years, the fleet industry is forecast change more than it has in the past 15 years. These changes will mirror the broader transformation percolating throughout the global economy.