CKCVR survey results indicate slow rebound

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.

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