Enterprise Fleet Management's Angie Lauer, assistant vice president of vehicle acquisition was interviewed by Work Truck to discuss top questions related to how companies are dealing with the vehicle and chip shortage.
Q: How has Enterprise responded to the vehicle shortage in the light- and medium-duty truck market?
A: While overall inventory in the light- and medium-duty truck market remains low, our teams are continuing to work through all channels to meet demand and support customers’ broader transportation needs. One key effort we’ve undertaken is enhancing our fleet preservation strategy. We’re able to extend the normal cycle of our fleet to ensure we have as many vehicles as possible available to meet current demand, while also ensuring our vehicle maintenance guidance and safety regimens are met.
Q: How has the microchip shortage impacted your ability to acquire vehicles?
A: Global supply chain challenges continue to be the major factor, particularly the microchip shortage. With fewer vehicles being produced, manufacturers have had to adjust their strategies resulting in decreased vehicle allocations, shortened model years, and order cancellations.