Survey says fleets to open up pocket books later in ’08

COLUMBUS, Ohio — A recent survey of American for-hire fleets shows that a majority plan to buy power equipment this year, but it will be later in the year and in many cases will be less than usual.

As part of its Q4 2007 Fleet Sentiment inquiry, CK Commercial Vehicle Research received responses from 59 for-hire, private and government fleet managers. While the majority surveyed (78 percent) indicated they planned to buy power equipment in 2008, many will be waiting until the second quarter or later.

For 32 percent of them, the number of power units to be purchased will be “less than a typical buy.”

In addition, 64 percent said they planned to buy trailers in 2008; of those, 68 percent indicated their purchases would represent a “typical” number of units for their fleet.

A small percentage of those fleets surveyed did indicate their equipment purchases in 2008 could be “more than a typical” number: 14 percent for power units and 11 percent for trailers.

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