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5 Factors Driving Higher Maintenance Costs

5 Factors Driving Higher Maintenance Costs

Many factors continue to exert upward pressure on fleet maintenance costs (with longer service lives as the primary driver). Also, we’ll look ahead to how these maintenance trends will play out for the balance of CY-2022.

May 11, 2022

Inflationary Price Pressures Increase Maintenance Costs

Inflationary Price Pressures Increase Maintenance Costs

Among the factors contributing to increased maintenance expenses has been increased miles driven, supply chain constraint, parts shortages, longer downtime, and a tech shortage exerting inflationary pressures on labor rates.

March 7, 2022

2022 Nissan Sentra Excels in Fuel Efficiency & Safety Tech

2022 Nissan Sentra Excels in Fuel Efficiency & Safety Tech

The 2022 Sentra SR has a lot going for it. It features eye-catching exterior styling, has a comprehensive suite of standard safety features and intelligent driving technologies, and offers solid power and fuel economy.

January 12, 2022

Multiple Parts Shortages Increasing Fleet Downtime

Multiple Parts Shortages Increasing Fleet Downtime

The automotive parts shortage that the industry is experiencing today goes far beyond just the shortage of microchips. Today, there is a wide cross-section of automotive parts that are in short supply varying by type of part and make and model of vehicle.

January 5, 2022

Extended Cycling & Part Shortages Stress Warranty Recovery in 2021
Fuel Prices Trending Upward: Longevity of Rise Uncertain

Fuel Prices Trending Upward: Longevity of Rise Uncertain

This special report over five articles provides 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.

November 1, 2021

Preventative Maintenance Costs Increase 3-5% in 2021

Preventative Maintenance Costs Increase 3-5% in 2021

A variety of factors converged to exert upward pressure on preventive maintenance 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.

November 1, 2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

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.

November 1, 2021

Higher Commodity Prices Exert Upward Cost Pressure on Tires

Higher Commodity Prices Exert Upward Cost Pressure on Tires

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.

October 26, 2021

Four Ways to Minimize Upfit Lead Time

Four Ways to Minimize Upfit Lead Time

Upfitting a vehicle is a process that requires thought and consideration. It is essential that fleet managers and all suppliers collaborate on upfits. In the final analysis, there are four proven strategies that will expedite OTD for upfits.

October 11, 2021

The Negative Consequences to Driver Reimbursement

The Negative Consequences to Driver Reimbursement

A recurring question is whether it makes business sense to provide company vehicles to employees or to reimburse them for the use of their personal vehicles. Here are 30 reasons why reimbursement may not be the best choice.

September 27, 2021

Top 7 Fleet Maintenance Trends in CY-2021 & 2022

Top 7 Fleet Maintenance Trends in CY-2021 & 2022

Vehicle maintenance expenses declined in CY-2020 primarily due the COVID lockdowns, but are trending upward in 2021. The forecast for CY-2022 is for maintenance costs to further increase due to higher labor rates and tire expenses.

July 1, 2021

Forecast of Fleet Maintenance Trends in 2021
How the Pandemic Disrupted PM Compliance

How the Pandemic Disrupted PM Compliance

Preventive maintenance (PM) expenses in CY-2020 were lower compared to 2019, primarily due to the pandemic-induced economic shutdown resulting in fewer miles driven as many fleet vehicles were idled.

November 5, 2020

Forecast of PM Costs in 2021

Forecast of PM Costs in 2021

The trend of increased PM costs per service will continue as more and more vehicles requiring conventional oil are taken out of service and replaced with models that require synthetics.

November 4, 2020

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