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Mobile apps will by fully integrated into fleet and become the medium for driver interaction, while cloud computing will accelerate the transmission of data. Vehicle connectivity will add a new dimension to fleet management.
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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.
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Government-mandated CAFE standards are exerting pressure on OEMs to develop smaller, more lightweight models and add more alt-fuel vehicles and hybrids to their lineups. Lower fuel costs will shift TCO focus to depreciation.
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The ongoing economic recovery has fueled slightly higher depreciation for medium-duty trucks. It is expected that overall depreciation for 2015 will be 15.5-16.5%.
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The full-size pickup fleet segment depreciated by only 4.9 percent over the past 12 months; however, this rate is unlikely to continue into 2015.
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The used full-size van market has remained strong throughout 2014, but it is expected to decline in 2015. Part of the reason for the strength of the used van segment is the discontinuation of traditional U.S.-style vans by OEMs as the new European-style vans are released.
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The operating cost forecast for medium-duty trucks is stable for the upcoming calendar year, with fuel economy and cost reduction the top concerns.
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The South American automobile market is expected to grow significantly by 2025, according to a forecast by IHS Automotive.
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Innovative, new technologies and advances in engineering are creating lighter, stronger, and more fuel-efficient truck bodies than ever before.
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The vast majority of vehicles on U.S. roadways in the year 2040 will still use gasoline, according to a projection from the U.S. Department of Energy. A whopping 78% of light-duty vehicles will still be sold with gasoline engines.
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