Mike Antich discusses the concerns over early fleet vehicle orders, the microchip shortage, and his 7 acquisition strategies to mitigate supply constraints in this episode of State of the Fleet Industry.
Construction and Service Industries Impacted by Microchip Shortage
The global semiconductor shortage is reaching construction contractors and other service businesses that use small work trucks. Auto makers are prioritizing high-margin vehicles for the retail market as they try to stretch chip supplies across their factories.