March 2008, Automotive Fleet - Feature
By Mike Antich
Increased cost of replacement tires and PM caused car maintenance expenses in 2007 to increase slightly higher than the prior year. Tire costs were up 4-7 percent, while PM expenses increased 10 percent. Other costs remained flat.
Tags: hybrids, maintenance, PM Costs, Powertrain Warranties, Tire Costs
October 2007, Automotive Fleet - Feature
By Cheryl Knight
Bausch & Lomb has deployed flex-fuel, hybrid, and four-cylinder vehicles into its fleet, to reduce greenhouse gas emissions and cut fleet costs.
Tags: greening, hybrids
By Chad Simon
In addition to replacing its remaining conventionally powered vehicles with hybrids, Secura Insurance plans to delve into the world of ethanol.
Tags: alt-fuel, E-85, hybrids, Secura
By Grace Lauron
As part of its corporate commitment to sustainability, PepsiCo’s shift to hybrid vehicles reduces fuel consumption and greenhouse gas emissions.
Tags: greening, hybrids, sustainability
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By Mike Antich Replacement tires are the third-largest expense category for fleets. In the past three years, this expense category has grown as a result of multiple price increases from all major tire OEMs. In 2008, year-to-date tire replacement costs have increased 4-10 percent. This follows a 3-4 percent price increase in 2007 and an 8-10 percent price increase in 2006. The consensus is replacement tire prices will increase again in 2009.
By Mike Antich The number one threat to fleets continues to be the price of fuel, despite the fact that fuel prices have been declining due to the global economic slowdown. Year-to-date, the cost of fuel has increased 30 percent in 2008 compared to 2007. The Energy Information Administration is projecting fuel to average $3.82 per gallon in calendar-year 2009. Fuel is the potential game changer of the fleet industry. Consider two recent examples as harbingers of things to come.
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In This Issue: Finance, Marketing & Sales Leads, Near & Subprime, Buy-Here, Pay Here and much more…