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Maintenance Costs Increase as Labor Rates Rise

In terms of preventive maintenance services, there has been a continuation of the trend of...

Despite high build quality, vehicle maintenance costs are trending up due to increased advanced technology content, skilled labor shortages, higher tire prices, and more engines requiring synthetic oils and high-capacity oil pans.


Vincentric Adds Maintenance Costs to Data Stream

Vincentric has begun offering more in-depth maintenance data as part of its automotive cost-of-ownership database covering more than 45,000 vehicles, the Bingham Farms, Mich.-based data provider has announced.


FCA Sells Magneti Marelli to Parts Supplier

FCA has sold its Italy-based parts unit, Magneti Marelli, to Calsonic Kansei.

Fiat Chrysler Automobiles N.V. has sold its Magneti Marelli parts unit to KKR & Co.'s Calsonic Kansei in a transaction valued at 6.2 billion euros ($7.1 billion). The transaction, which was announced Oct. 22, will create a top-10 global independent automotive parts supplier.

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Blockchain-Based Shipment Uses Smart Contracts

A blockchain-based platform from dexFreight allowed the shipper and carrier to directly connect,...

Startup company dexFreight says it has completed its first blockchain-based shipment using smart contracts, allowing the shipper and carrier to directly connect, negotiate rates, and schedule pickup and delivery.


Sears to Close Another 142 Stores

Sears will close another 142 stores by the end of the year, as the retailers hopes to return to...

Following its Chapter 11 bankruptcy filing, Sears Holdings Corp. plans to close another 142 stores by the end of the year, and Edward Lampert will step down as chief executive but remain chairman.


GM Offers Optional Extended Warranty

General Motors is offering an optional bumper-to-bumper extended warranty that would offer...

General Motors has begun offering an extended bumper-to-bumper warranty to its customers that matches the time span of the powertrain warranty. The new bumper-to-bumper warranty is available on new vehicles purchased on or after Oct. 15 for the 2018 or 2019 model year.

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Sherry Calkins

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