May 12, 2009
Vehicle replacement policy is one of the most critical aspects of fleet management. Nearly all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. In a recessionary economy, senior management demands expense reductions and there is pressure to defer vehicle replacements. However, such a policy change could actually prove to be counterproductive to the intended goal.
Tags: fleet expenses, fleet operations, fleet replacement policy, recession, replacement cycles, replacement vehicles, vehicle lifecyles, vehicle replacements