The new car supply situation for some fleets is worsening and remains extremely patchy for almost all, the Association of Fleet Professionals is reporting. Paul Hollick, chair, explained said that feedback from across its membership showed that serious problems were persisting and causing increasing operational disruption. “This is, of course, a worldwide problem caused by worldwide issues, … [Read more...]
New-car delivery delays boost nearly-new values
Demand from dealers for nearly new stock is increasing thanks to long waiting times for many new cars, reports Meridian Vehicle Solutions. Phil Jerome, managing director, explained that his company’s medium term rental model meant that it almost exclusively defleeted 6-12-month old prestige and semi-prestige cars, and so had a strong insight into this sector. He said, “We have seen a … [Read more...]