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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
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This special report will provide an in-depth examination of 2021 operating cost trends for fuel spend, scheduled/unscheduled maintenance, replacement tire prices, PM spend, warranty recovery, and a forecast of CY2022 expenses.
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The craft brewery has implemented technology and creative thinking to get through the COVID-19 pandemic with smoother operations.
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Fleets can get the most out of their EVs by ensuring they have the right data to keep them running efficiently and effectively.
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Follow these steps when adding EVs to your fleet to set up your business for greater success in the transition.
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David Madrigal, executive vice president for Element Fleet Management, spoke with Automotive Fleet to discuss the fleet industry's current challenges during the COVID-19 pandemic and what the future may hold post-COVID.
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