FOR IMMEDIATE RELEASE
Media Contact:
Summer Marrs
Director of
Communications & Public
Relations
248-479-8913
summer@ntea.com
FARMINGTON HILLS, Mich. (March 3, 2016) —
NTEA recently released the 2016 Fleet Purchasing Outlook, which monitors
and evaluates vocational fleet acquisition activity. Companies can use this
study as they seek to navigate market fluctuations and understand shifts in
fleet buying patterns.
“We are pleased to offer the 2016 Fleet Purchasing Outlook to
our partners in the work truck industry,” said NTEA Executive Director Steve
Carey. “This resource explores current motivations of commercial fleet managers
and highlights overall purchasing behavior — both historic and
anticipated.”
The Outlook — based on survey responses from a diverse pool of
fleet professionals in mid- to high-level management with decision-making
authority — carefully examines the latest results and benchmarks against data
from NTEA’s 2013–2015 reports. Noteworthy callouts include:
- Average truck age is rising for
nearly 40 percent of respondents
- More than half of participating
fleets continue to exceed their normal replacement cycle
- Ninety-five percent of
respondents report likely-to-sure funding for planned 2016 acquisitions
Review this in-depth report to gain a fleet management perspective on:
- Average truck age and
replacement cycles
- Macro-level buying
tendencies
- Anticipated changes in 2016
fleet size
- Critical factors driving
purchasing behavior
- Interest levels for advanced
truck technologies and alternative fuels
- Importance of financial
purchasing incentives
NTEA members can access the 2016 Fleet Purchasing Outlook for
free in print or a downloadable PDF. Nonmembers can purchase the report for
$199. To get your copy, visit ntea.com/shopntea or call 800-441-6832.
ABOUT NTEA
Established in 1964, NTEA, the
Association for the Work Truck Industry, represents nearly 1,800 companies that
manufacture, distribute, install, sell and repair commercial trucks, truck
bodies, truck equipment, trailers and accessories. Buyers of work trucks and the
major commercial truck chassis manufacturers also belong to the Association.
NTEA provides in-depth technical information, education, and member programs and
services, and produces The Work Truck Show®. The Association
maintains its administrative headquarters in suburban Detroit and government
relations offices in Washington, DC, and Ottawa, Ontario.
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