Applying deep data science to vehicle inventory management can spur more accurate pricing models in real-time.
According to Vincentric, fleet cost per mile for most vehicle categories decreased slightly in the third quarter, while the Pickup and SUV categories remained the same.
Increases in financing costs and interest rates drove vehicle ownership expenses higher in the second quarter of 2023, with costs accelerating over the first quarter.
Experts note that deadly trends like an increase in speeding and impaired driving point to continued heightened risks for people walking on or nearby roads.
Electric vehicles drive lots of data which enables them to become more data driven, in an information loop. That means fleets can adapt to EVs with more efficient deployments and informed usage.
Wejo found that, on average, journeys are 29% longer than the overall average in these 10 mid-size cities due to congestion.
Vincentric enhances it's Cost of Ownership API offerings with electric vehicle data for model years 2020-2023 with about 350 BEV and PHEV configurations in the U.S. and Canada.
According to a study by iSeeCars.com, Mississippi had the highest growth in hybrid/electric vehicle market share, with 240.9% growth. Hawaii and Utah took the second and third spots.
At the National Association of Fleet Administrators conference in April, LeasePlan USA's Jon Stafford made it clear how he regards total cost of ownership (TCO) as a tool to help manage his fleet, his people, and his company – he doesn’t. Because TCO is dead.
An exclusive web tool, powered by Vincentric, allows fleet managers to compare vehicle cost of ownership, engine options, incentives, maintenance, and more.
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