NTEA Releases Fall 2022 US Business Automobile Market Report

BALTIMORE, MD — NTEA – The Affiliation for the Work Truck Business launched the primary version of the U.S. Business Automobile Market Report – Powered by Business Truck Dealer, NTEA and S&P International Mobility. This semi-annual trade report delves into the main points, information and traits across the life cycle of economic automobiles—from chassis gross sales to truck registration to later levels when used automobiles re-enter the gross sales market.

The autumn 2022 U.S. Business Automobile Market Report was launched at this time together with NTEA’s Government Management Summit, in Baltimore, Maryland, throughout a session on traits throughout the industrial car inhabitants led by representatives from Business Truck Dealer, S&P International Mobility and NTEA.

“The U.S. Business Automobile Market Report offers work truck trade corporations with forecasting and pattern evaluation they will leverage of their operational planning,” stated Kevin Koester, NTEA managing director. “We’re excited to launch this collaborative report and finally join with our membership to assemble suggestions and talk about findings—particularly because the report, its information and traits evolve over time.”

“As a trusted useful resource for the industrial car trade, we’re excited to associate with NTEA and S&P International on the U.S. Business Automobile Market Report, which can present helpful data companies can use and put to work,” stated Charles Bowles, director of OEM & strategic initiatives at Dealer Interactive, father or mother firm of Business Truck Dealer.

“The industrial car market is quickly altering resulting from many elements, together with the last-mile growth and emergence of electrical automobiles,” stated Mark Hazel, affiliate director, industrial car reporting at S&P International Mobility. “This collaborative report between NTEA, S&P International Mobility and Business Truck Dealer will present unparalleled insights to information companies by the altering industrial car market.”

This primary version of the U.S. Business Automobile Market Report leverages a number of advanced datasets presently obtainable to the market to supply an introductory panorama of alternatives, traits and challenges in at this time’s incomplete car market.

Matters Lined

·         Buying traits and forecasts by car class

·         Fleet reactions to produce shortages and ensuing results on demand

·         How current chassis shortages have impacted gross sales and consideration traits

·         Methods the trade is making ready for brand spanking new emission requirements

·         How electrical automobiles are getting used commercially

Be taught Extra

The autumn 2022 U.S. Business Automobile Market Report is on the market free to the trade. For extra particulars and report entry, go to ntea.com/cvmarketreport, or contact NTEA at information@ntea.com or 800/441-6832.