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Although costs have increased, many fleets continued to cycle vehicles early to take advantage of still favorable resale market conditions. This strategy has reduced average vehicle age and helped minimize maintenance expenses.
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There are a variety of factors influencing tire costs, such as commodity prices and increased global demand; however, the industry-wide retail trend to larger diameter OE tire sizes is a key factor in driving up replacement tire prices in the past decade.
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While it is tempting to adopt a “more-the-merrier” approach to vehicle spec’ing, fewer specs can actually offer more options, netting happier drivers and fewer administrative headaches.
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GE Capital Fleet Services announced $460 million in identified customer cost savings for the full year of 2012, with accelerated and optimal replacement analyses cited as the leading areas for savings.
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Improved vehicle system quality and electronic diagnostic capabilities, such as OBD-II, have made managing vehicle maintenance an easier task for fleet managers versus several decades ago.
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As John F. Kennedy once said, “History is a relentless master. It has no present, only the past rushing into the future. To try to hold fast is to be swept aside.”
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Fleet has been an early adopter of new technology, starting with card reader equipment in the 1950s, use of mainframes in the 1960s, “dumb” terminals of the 1970s, PCs in the 1980s, and now a multitude of Web-enabled services.
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FAIRFIELD, CT - GE plans to buy 2,000 new Ford C-MAX Energi plug-in hybrids for its fleet as part of its goal to convert more than half its global fleet to alternative-fuel vehicles.
Read More →PRAIRIE, MN – Black Enterprise magazine recently named Clarence Nunn, chief commercial officer for GE Capital, Americas to its list of 100 Most Powerful Executives in Corporate America.
Read More →EDEN PRAIRIE, MN – GE Capital Fleet Services received this recognition for its demonstration of superior performance on both cost-related metrics and quality-related metrics compared with its industry peers, according to the company.
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