FARMINGTON HILLS, Mich. — NTEA has released its 2014 Fleet Purchasing Outlook, which suggests work truck fleets will be looking to grow.
The report is based on survey results from 300 mid- and high-level management fleet professionals with decision-making authority for truck acquisition or vehicle specifications, NTEA says.
This year’s survey found: 46% of fleets indicated their average truck age is increasing; 30% intend to increase the number of trucks in their fleets this year; more than 85% report “likely-to-sure” funding for planned 2014 acquisitions; and incorporating telematics as a management tool is of growing interest.
“We are pleased to offer the 2014 Fleet Purchasing Outlook to help manufacturers and distributors understand the purchasing landscape as well as translate fleets’ interests and motivations,” said NTEA executive director Steve Carey. “This report can help companies respond and adapt to recent changes or developments in fleet buying behavior as well as capitalize on market conditions.”
The report is free to NTEA members and costs US$199 for non-members. More info is available at www.ntea.com.