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No one predicted the spike in replacement parts prices over the past several years nor the delays in getting out-of-stock parts. This assessment explains how these numerous price increases add up to big expenditures raising TCO.
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Fleet managers are being challenged by out-of-control new-vehicle acquisition and repair costs. Auto parts prices have reached unreasonable levels that no procurement manager could ever have fathomed five years ago.
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AF's “Sound Off” column offers a platform wherein fleet professionals share their differing voices with peers and other industry professionals.
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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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Parts constraints are causing much longer completion times for repair jobs, lengthening fleet vehicle downtime, reducing driver productivity, and consequently increasing overall fleet maintenance costs.
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Two years of scant automotive replacement parts supplies have heightened fleet downtime and increased fleet maintenance expenses.
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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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The partnership will allow WEX customers to purchase auto parts for class 1-5 vehicles from AutoZone at discounted rates.
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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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Cities across the country have reported triple, even quadruple the number of converter thefts in 2020 compared to 2019. Fortunately, there are a variety of measures you can do to prevent this from happening to your fleet.
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