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A vehicle’s total cost of ownership is comprised of its fixed costs, operating expenses, and depreciation per year or during the course of its service life, minus its anticipated resale value. During the course of a vehicle’s service life, TCO is subject to change due to a vehicle’s age and numerous external factors, which has a direct bearing on replacement policies.
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The study analyzed 13.8 million different vehicles in various segments to determine which models have the highest percentage of vehicles over 200,000 miles.
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Arizona's state Senate has approved a statewide distracted driving bill by a two-to-one margin, which moves it a step closer to becoming law, reports Tucson.com.
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An Australian battery-electric vehicle company is preparing to launch commercial vehicles in the U.S., which it will initiate with the showcase of two of its trucks at the upcoming Work Truck Show.
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Ford commercial vehicles equipped with its SYNC connectivity system in global fleet markets will be soon be available with truck routing software that will allow users to project 3D offline navigation to the in-dash infotainment system and include a variety of safety features.
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Use of THC is forbidden for a regulated driver, no matter the source. As a result, medical and recreational marijuana and some CBD oils, even if legal under state law, are federally banned.
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ARI's business intelligence and analytics team leader will offer his perspective about trends in the commercial fleet sector during a panel discussion at the Work Truck Show next week, the Mount Laurel, N.J.-based fleet management company announced.
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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.
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The conference, held Feb. 22-24, provided educational seminars and networking opportunities for vehicle suppliers to peer-to-peer platforms such as Turo and Getaround.
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The cooperation comprises five joint ventures: Reach Now for multimodal services, Charge Now for charging, Free Now for taxi ride-hailing, Park Now for parking, and Share Now for carsharing.
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