This week's State of the Fleet Industry video takes a look at vehicle prices and values, acquisition and depreciation costs, interest rates, and other economic factors affecting fleets.
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.
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 is clear that 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, in all likelihood, will continue to trend upward and maintenance costs will ratchet higher due to more companies adopting extended replacement schedules.
The cost of gasoline has been on the rise this year. These higher gas prices could pose a direct threat to a fleet’s overall costs. Implementing technologies and considering alternative fuel vehicles could help curb costs.
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