ADAS features are increasingly optional or standard even in mainstream vehicles, yet repairing those systems when they malfunction after a crash requires a unique skillset. A new certification test for technicians to qualify them to diagnose, service, and calibrate ADAS.
The latest addition to Spiffy’s Complete Car Care marketplace connects customers with independent mechanics for major repairs.
Vehicle maintenance expenses declined in CY-2020 primarily due the COVID lockdowns, but are trending upward in 2021. The forecast for CY-2022 is for maintenance costs to further increase due to higher labor rates and tire expenses.
Fleet is a department, not unlike human resources, legal, or accounting, and it interacts with all of these and others. But can fleet management stand alone within the corporate structure?
Now is when the fleet industry should be proactively identifying these future technicians. The fleet industry has a window to tap into this idled labor pool, who will look attractive to other industries experiencing labor shortages leading to increased competition to recruit this talent.
The vehicle maintenance and repair industries are experiencing a skilled labor shortage as technicians in the Baby Boomer demographic retire in greater numbers than those replacing them. The skilled labor shortage requires shops to pay more for skilled technicians, which translates into higher shop labor rates.
Higher labor costs will continue to increase the maintenance spend for routine repairs in 2020, especially at service facilities located in high-cost-of-living metro areas.
The robust economy is creating record numbers of new jobs and a subsequent labor shortage that is being exacerbated by the large wave of Baby Boomer retirements, but some see uncertainty of future market conditions.
Vehicle crash costs incurred by businesses from insurance premiums, repairs, lost productivity, and other expenses amounted to $57.9 billion in 2018 as compared to $47.4 billion in 2013, according to a new report.
More complex vehicle technology, higher labor rates due to the ongoing skilled labor shortage, higher tire prices, and increased use of synthetic motor oils are putting upward pressure on overall fleet maintenance costs.
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