Investment and finance trends explored in new CM reader research

Hayley Tayler
February 17, 2021

Splashing out on new fleet vehicles will be the key investment for nearly two-thirds of operators during 2021, according to brand-new research published in the ‘Hot Topic Industry Insight 2021’ report.

The new research surveyed readers of Commercial Motor and sister title Motor Transport to ask what they perceived as major industry challenges for the year ahead, and to explore trends around buying patterns, compliance and technology use.

Of those businesses planning to spend on fleet vehicles, around 60% are looking to procure new vehicles, 22% looking for second-hand, with the remainder planning a mix of the two.

Training came up in second place for company spending plans, showing the value and necessity that operators place on ensuring their employees are up to speed with the latest knowledge and techniques to work safely and efficiently.

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