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Increased cost of replacement tires and PM caused car maintenance expenses in 2007 to increase slightly higher than the prior year. Tire costs were up 4-7 percent, while PM expenses increased 10 percent. Other costs remained flat.
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Replacement tires are a fleet’s third-largest operating expense. And this expense is growing.
Read More →Fuel is at its highest price since September 1997. This is in dramatic contrast to last year, when gas prices were at their lowest level in 90 years after adjusting for inflation. The unknown is whether fuel prices will decline in 2000.
Read More →Top stories include a report on the growing popularity of air conditioning, a new reservation system for Avis, and a new new-car sales record in theU.S.
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