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The EV market has totally evolved in the last decade and will continue to change as EVs become more affordable, longer lasting, and more efficient.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
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Handwringing over the national labor shortage won’t help — but improving your driver retention by 20% is within your grasp. Here are seven strategies to help.
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The poll is live for the 2021 Fleet Vehicles of the Year — vote for your favorite car, truck, and/or SUV, share the link, and help contribute to the next Fleet Vehicle of the Year.
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Telematics marketplaces offer app-based tools and data integration with third-party solutions, all through a “single pane of glass.”
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Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
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From state-of-the-art onboard sensors to wireless telematics and more, Microsoft Azure is going to help Enterprise scale its fleet to a 350,000+ vehicle connected force by the end of the year. A fully connected worldwide fleet may be just five years away.
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Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
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Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021
Read More →