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To set next year's rate, the IRS was guided by moderating fuel prices against increases in vehicle acquisition costs and lower residual values.
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Crystal clear to fleet managers at the GFAB gathering was that supply and lack of pricing guarantee was causing real pain — especially with long-standing fleet-OEM relationships.
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A study calculated the cost of running more than 100 different EVs, revealing the most affordable model, and states to run an EV.
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Average costs to own and run typical new compact-sized ears in 20 key U.S. cities soared 51 percent in the past two years reaching 47.3 cents per mile in 1981.
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