Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
Amid a nationwide shortage of truck technicians and automotive mechanics, the fleet services division finds a way to keep and train enough vocational talent for long-term careers that meet maintenance demand.
The United Auto Workers contract with the Detroit Big 3 automakers expires Sept. 14 as new inventory remains 68% above last year's level.
U.S. fleet sales for August were strong and reached levels for the month not seen since 2019.
IARA Summer Roundtable: From the latest vehicle market dynamics to technology influences to electric vehicle shortfalls, the International Automotive Remarketers Alliance bonded over the big issues while teeing up member and industry growth.