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The ongoing difficulty in sourcing replacement vehicles is forcing companies to extend the service lives of vehicles that are unable to be replaced, which, inevitably, increases unscheduled maintenance expenses.
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Fleet data analysis can identify recurring downtime issues. It’s important to determine the root causes of downtime so procedures can be developed to minimize such problems.
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Five factors — vehicle complexity, unscheduled maintenance, parts delays, inflation and labor costs — have contributed to double-digit price increases.
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Learn about the impact the ongoing replacement part shortage is having on maintenance repairs in this week's State of the Industry video.
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Fleet budgets have been negatively impacted by escalating fuel prices, higher acquisition costs, decreased fleet incentives, unscheduled maintenance, and volatile upfitting expenses. One silver lining is strong vehicle resale values.
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Fleet fixed and operating costs are increasing across the board, in particular fuel prices, higher acquisition costs, lower incentives, and unscheduled maintenance expenses. The forecast is for fleet expenses to increase for the next three years.
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This special report over five articles provides an in-depth examination of 2021 operating cost trends for fuel spend, scheduled/unscheduled maintenance, replacement tire prices, PM spend, warranty recovery, and a forecast of CY2022 expenses.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
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Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer, causing repair spend to increase in 2021
Read More →
This special report will provide an in-depth examination of 2021 operating cost trends for fuel spend, scheduled/unscheduled maintenance, replacement tire prices, PM spend, warranty recovery, and a forecast of CY2022 expenses.
Read More →