May 11, 2023

Heavy demand and limited supply forced OEMs to cut off ordering early or extend production. While there will still be challenges this year, and we continue to recover from the COVID era loss of 3.6 million new vehicles, the good news is that this year’s production is expected to be up by about 5-10 percent throughout the industry.

The Commercial Vehicle Safety Alliance’s (CVSA) Annual “International Roadcheck” will be taking place May 16th – May 18th which means commercial fleet vehicles are subject to random inspections. This year, the focus is on anti-lock braking systems (i.e., ABS) and cargo securement. Inspections will take place at weigh stations and random roadside stops including international boundaries between Canada, USA, and Mexico. 

For more information, please consult the CVSA’s publication.

Check out the latest edition of our quarterly fuel report.  It contains information on market outlook, trends, forecasts and regional breakdowns for gasoline, diesel and electric fuel. 

Check out our latest article featured in Fleet Management Weekly! Our VP of Client Management, Suresh Rajapakse, shares his thoughts on Wheels’ client centric culture and how we use a goal oriented approach to measure and celebrate client successes. We don’t just say we’re passionate about customer service. We ‘walk the talk’.

In this section we will share third-party industry-related articles and data links that we feel are important, relevant or helpful. To make it easier for you, we have aggregated these articles below. Happy reading!

“States Urge Recall of Millions of Kia, Hyundai Cars After Sharp Rise in Thefts”

“Canada’s Auto Industry Bucks 5-Year Production Decline, More Gains Expected”

“Prices Rising for Work Trucks, Vans”