
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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Automation can improve services, boost productivity, and reduce downtime — but managing data overload from disparate sources is no easy task.
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The best practices, improvements, and lessons learned from the pandemic emphasize the focus fleet companies place on driver retention.
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