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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

PM Compliance Disrupted by Pandemic-Induced Shutdown

PM Compliance Disrupted by Pandemic-Induced Shutdown

The trend has been to extend PM intervals due to the use of longer-lasting synthetic motor oils, but during the COVID lockdown many fleet vehicles were idled, decreasing miles driven, causing PM compliance to diminish.

November 2, 2020

Fleets Transition to Synthetic Motor Oil

Fleets Transition to Synthetic Motor Oil

For the past decade, more OEMs are recommending the use of more expensive synthetic motor oils, which is increasing the cost of each PM service. But the higher quality motor oil also allows the intervals between these services to lengthen, which is offsetting some of the additional per-transaction costs.

October 28, 2020

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Passenger Vehicle Maintenance Spend Increased 4% in CY-2019

Average repair cost per unit increased in 2019, primarily due to higher labor rates. Also, PM costs were up as more units require more expensive synthetic oil. Tire price per unit, on average, increased 3% in the past 12 months.

March 17, 2020

Upward Pricing Pressuring Fixed and Operating Costs

Upward Pricing Pressuring Fixed and Operating Costs

Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.

December 13, 2019

Fleet Oil Drain and PM Costs Increase Again in 2019

Fleet Oil Drain and PM Costs Increase Again in 2019

More OEMs are adopting more stringent motor oil requirements for new models increasing total PM costs, year-over-year, as more vehicles are required to use synthetic oils, which cost more than mineral-based oils.

October 18, 2019

Warranty Recovery and Good Will Assistance Remains Stringent

Warranty Recovery and Good Will Assistance Remains Stringent

Warranty recovery is more stringent requiring even greater documentation to support warranty claims. OEM loyalty and the availability of documented maintenance histories heavily influences post-warranty goodwill assistance.

October 18, 2019

Synthetic Oils, Higher Labor Rates Increase Preventive Maintenance Costs
Maintenance Spend Increased 3-5% in 2018

Maintenance Spend Increased 3-5% in 2018

Average repair spend per unit increased 3-5% in calendar-year 2018, primarily due to higher labor rates and part prices. Also, PM costs were up due to the shift to more expensive synthetic oil and higher replacement tire prices.

February 26, 2019

Higher Motor Oil Prices Nudge Preventive Maintenance Costs Up

Higher Motor Oil Prices Nudge Preventive Maintenance Costs Up

Citing the higher cost of crude oil, many major manufacturers of finished lubricant products increased prices from 5% to 8% in CY-2018. Plus, each model-year, more OEMs require the use of more expensive synthetic motor oils.

November 30, 2018

Warranty Recovery: More Stringent Manufacturer Enforcement Limits Dollars
Higher Labor, Parts Drive Up Fleet Maintenance Costs

Higher Labor, Parts Drive Up Fleet Maintenance Costs

Although repair incidents were flat, other fleet-related maintenance expenses were up in calendar-year 2017, primarily in labor rates and parts prices. PM costs were up around 3%, while replacement tire costs increased 5-10%.

March 1, 2018

Fleet Preventive Maintenance Costs Increase 3%

Fleet Preventive Maintenance Costs Increase 3%

Extended oil-drain intervals have helped to offset increases in the cost of motor oil because of the expanded use of synthetic oils and cartridge oil filters. Higher labor rates in 2017 exerted upward pressure on preventive maintenance costs.

March 1, 2018

Preventive Maintenance Costs Remain Flat in 2017

Preventive Maintenance Costs Remain Flat in 2017

Continued stability in crude oil prices, along with longer oil drain intervals, are helping to offset the higher cost of synthetic motor oils that are now required by more automotive OEMs.

November 1, 2017

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