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According to research by investment bank UBS, the extra cost to manufacture electric vehicles versus traditional internal combustion vehicles will decrease to $1,900 by 2022 and disappear completely by 2024.
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A perennial factor exerting upward pressure on replacement tire costs is the adoption of larger diameter tires and unique tire sizes. The increase in OEM automobile wheel diameters has driven up the price of fleet replacement tires, primarily because the larger the tire, the greater the manufacturing expense.
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The price of fuel is impacted by many variables making predictions difficult. However, there are certain variables that are in play today, which allows us to extrapolate and extend those trend lines into the next calendar-year and interpret possible outcomes.
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Throughout the five days, seminars and discussions focused on a variety of issues, from the COVID-19 pandemic and travel restrictions, to the battle over independent contractors and customer engagement.
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The difference between the most and least efficient drivers is a 30% difference in fuel consumption. Fuel is a fleet’s No. 1 operating expense and the best way to control this expenditure is to modify driving behavior, which is the major variability influencing fuel consumption.
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The digital key solution is engineered to enable public, corporate, leasing, and government fleets to better pool and optimize their assets while integrating with telematics data.
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The Miami-based exotic car rental company has a peer-to-peer sharing program for individual owners of exotic cars to list their vehicles through the MPH platform. If the car rents, the owner and MPH splits the profits.
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Hyundai announced the 2021 Santa Fe mid-size SUV will feature three new powertrains, including a hybrid variant, as well as a variety of new advanced driver convenience and safety features and a refreshed exterior.
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ADESA brought in $20,300 during the 2020 NIADA | NABD convention and expo charity auction benefiting the NIADA Foundation.
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The fifth annual class of fleet visionaries were honored at the virtual 2020 Automotive Fleet & Leasing Association's (AFLA) NextGen Conference.
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