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EDEN PRAIRIE, MN - GE Capital Fleet Services identified customer cost savings for the full year of 2011. By analyzing and benchmarking fleet data, GE Capital helps customers determine areas to maximize cost savings and increase productivity.
Read More →EDEN PRAIRIE, MN - The total identified cost savings for customers in the first half of 2011 was $123 million, according to GE Capital Fleet Services.
Read More →Extending replacement cycles may seem a simple, short-term solution to shrinking budgets, but factors such as increased maintenance costs, impact on driver morale, loss of fuel efficiency, and increased downtime should be considered.
Read More →Corporations continue to be uncertain about the strength of the economic recovery. As a result, companies remain cautious about their fleet ordering volumes. Many are right-sizing vehicles and lengthening replacement cycles.
Read More →During economic uncertainty, senior management demands expense reductions and limits capital expenditures. Since fleet is usually among the top 10 corporate capital expenditures, there is pressure to defer vehicle replacements. However, this cost-containment strategy misses the point that all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. Cost reductions in acquisitions are often offset by rising costs elsewhere.
Read More →WARREN, OH - The new police cruisers, which will replace cars with over 200,000 miles on them, are the first new cruisers the department has purchased in about six years.
Read More →LEBANON, PA - The Good Samaritan Health System has reduced costs for its home health services by leasing new cars from Frederick Chevrolet to replace an aging fleet of autos and SUVs.
Read More →CHARLESTON, WV – The Kanawha County Sheriff's Department will retire 19 cars this year, most with more than 100,000 miles, according to the Charleston Gazette.
Read More →JACKSONVILLE, FL – The City of Jacksonville's reduction of 70 motorpool vehicles is expected to save taxpayer money and cut its carbon footprint, according to the Florida-Times Union.
Read More →Vehicle replacement policy is one of the most critical aspects of fleet management. Nearly all fleet-related expenses, both fixed and operating, are influenced by when a vehicle is replaced. In a recessionary economy, senior management demands expense reductions and there is pressure to defer vehicle replacements. However, such a policy change could actually prove to be counterproductive to the intended goal.
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