Parts Shortages Spike Downtime for Unscheduled Maintenance Repairs

The 121st State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich.

🎙Today's topics include:

• There is an ongoing inventory shortage of a wide cross-section of automotive replacement parts, increasing fleet downtime and fleet maintenance expenses.
• Due to difficulties in sourcing replacement vehicles, many companies are keeping existing fleet vehicles in service beyond scheduled replacement, resulting in higher unscheduled maintenance.
• Needlessly aggravating the delay in repairing fleet vehicles is the inconsistent communication from service facilities on repair status.
• The parts shortage is delaying the repair of accident damaged fleet vehicles. Today, on average, it takes 15 to 30 days longer to get parts at body shops compared to 2019.

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⌚ Timestamps ⌚
0:00 Intro

1:32 Increase in Unscheduled Maintenance

2:51 Inconsistent Communication from Service Facilities

4:12 Increased Parts Prices

5:30 Parts Shortage Delaying Accident Repairs