In the debut of a new video series, AF Editor Mike Antich and Hans Damen of Fleet360 discuss fleet costs and funding differences in Europe and the U.S., and what a potential recession could mean.
Take a closer look at the potential of an economic recession and the impact of inflation on fleets in this State of the Fleet Industry video.
As fleet costs increase across the board and incentives reduced, budgets become negatively impacted. Get more insight into how higher resale values are offsetting this trend in this State of the Fleet Industry video.
Globally, Russia is the fourth largest producer of finished aluminum. Today’s geopolitical tensions caused by the Russo-Ukraine War will exacerbate pre-existing constraints for commodities such as aluminum and natural gas.
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.
Despite continued supply chain issues, fleets are tasked with replacing vehicles. In this State of the Fleet Industry video, Mike Antich explores current inventory and ordering challenges, gas prices, fleet maintenance costs and controlling a budget.
In this video, Erik Asplund of Volvo Car USA shares insights for fleets on electric vehicles’ ownership costs, driver onboarding and education, fleet planning, and safety aspects regarding EVs and connected cars.
To take a pulse on the state of the fleet industry, AF Editor Mike Antich went to the source and asked fleet managers what issues they're watching. See what they had to say about current market conditions, sourcing replacement vehicles, budgeting, and incentives in this video.
What’s the actual cost when it comes to fleet accidents at your company? It's probably higher than you think.
When looking ahead to the next 12 months, it will become more expensive to operate a fleet in the coming years. Vehicle acquisition costs have increased due to reduced fleet incentives. Fuel prices will likely continue to trend upward, and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.
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