CKCVR survey results indicate slow rebound

Jan. 1, 2008
As part of its Q4 2007 Fleet Sentiment inquiry, CK Commercial Vehicle Research (www.ckcvr.com) included questions about 2008 equipment buying plans. Fifty-nine

As part of its Q4 2007 Fleet Sentiment inquiry, CK Commercial Vehicle Research (www.ckcvr.com) included questions about 2008 equipment buying plans. Fifty-nine for-hire, private, and government fleet managers responded to the questionnaire.

While the majority surveyed (78%) indicated they planned to buy power equipment in 2008, many will be waiting until Q2 or later and for 32% of them, the number of power units to be purchased will be “less than a typical buy.” With regard to trailer purchases, fewer fleets surveyed (64%) planned to buy trailers in 2008; of those, 68% 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 may be “more than a typical” number; 14% for power units and 11% for trailers.

Complete Q4 2007 FSR survey results are reported in the November-December issue of the Fleet Sentiment Report, a quarterly report of CK Commercial Vehicle Research. For more information about subscribing to this report, e-mail [email protected] or phone 614-459-9369. A sample issue is available at www.ckcvr.com/fleetsentiment.