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Vehicle Acquisition

Today's video looks at how severe weather conditions have impacted automotive assembly plants and last-mile delivery shipments across the U.S.; and a rise in gasoline prices due to the severe weather conditions, increased travel resulting from increased distribution of COVID-19 vaccines, and the rollout of stimulus monies.

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Video: State of the Fleet Industry Week of July 6, 2020

Topics mentioned in today's video includes: The recovery of the national economy; overview of the Purchasing Managers Index (PMI); fleet and retail sales trends; the results of Automotive Fleet's latest COVID-19 pulse survey; trends in the wholesale used vehicle market; and more.

Upward Pricing Pressuring Fixed and Operating Costs

Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.

2017 Ford Focus Hatchback

When testing a fleet vehicle, you first need to determine whether it can fulfill various fleet applications. Next, assess the variables that influence the total cost of ownership, determine safety ratings, and evaluate driver ergonomics.

Tips for Reducing Truck Acquisition Costs

One of the easiest ways a fleet manager can reduce truck acquisition costs is not over-spec’ing for fleet needs. But, there are a few out-of-the-box ways of thinking to further reduce costs.