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Money considerations drive much of the decision making when choosing vans or pickups, but function also plays a crucial role.
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The total cost of ownership of fleet vehicles managed by Element Financial Corp. fell 14% in 2015 from the prior year and has reached a five-year low due to low fuel prices, the fleet management company has announced.
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For the 2016 Vincentric Best Value in America awards, Honda and Lexus took the award for passenger cars and luxury cars, Subaru and Volvo earned top honors in the SUV/crossover categories, and Ford took the top spot for the best value brand for trucks.
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The key word in calculating total cost of ownership (TCO) is total. When spec’ing vehicles, the cost-avoidance benefits of good ergonomics must be monetized to an approximate value and factored into calculating the true total cost of ownership.
Read More →After an accident or major equipment failure, fleet managers often have to make a hard decision to either repair or replace the damaged vehicle. There is no right or wrong answer, but fleets need to keep safety and the bottom line in sight.
Read More →The process of purchasing new vehicles isn't as simple as it looks. There are best practices fleets can use to make sure they get the right vehicle for the right price.
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SmartDrive Systems has introduced of the SmartIQ Transportation Intelligence Suite that transforms data generated by commercial fleets into real-time actionable information, predictive analysis and prescriptive actions.
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Bobit Business Media and Vincentric have launched a Web-based vehicle cost analysis tool for fleet readers of AutomotiveFleet.com, WorkTruckOnline.com, Government-Fleet.com, BusinessFleet.com, and FleetFinancials.com.
Read More →Twelve of the 34 diesel vehicles measured in Vincentric's first Canadian Diesel Analysis had a lower total cost-of-ownership than their closest gasoline powered counterparts, according to the firm.
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Ford addresses vehicle engineering, parts pricing, insurance costs and auto body shop training in regards to keeping repair prices in check.
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