
Higher acquisition prices and longer service lives are contributing to a higher total cost of ownership. An under-utilized way to manage fleet costs is to have an effective program to successfully manage warranty recovery.
Higher acquisition prices and longer service lives are contributing to a higher total cost of ownership. An under-utilized way to manage fleet costs is to have an effective program to successfully manage warranty recovery.
Isuzu, Chevrolet, Hino, and Mitsubishi Fuso Truck of America offer similar standard warranties for their diesel cabovers, and provide additional component warranties to increase a fleet manager's piece of mind.
Nissan has introduced a five-year, or 160,000 kms Manufacturer Warranty for its range of gasoline and diesel light commercial trucks and vans, purchased from Sept. 1, 2015.
The results are in for the third annual industry report card, validating that OEM fleet operations continue to do a very good job in meeting the needs of commercial fleet managers; however, there is room for further improvement.
Gasoline and diesel prices, on average, in 2014 are virtually the same as in 2013, with some variances depending on region. Similarly, PM costs are flat and stable commodity prices have contributed to less volatility in tire prices.
The Korean automaker will offer a seven-year unlimited kilometer warranty, seven years of capped-price service, and seven years of roadside assistance at no additional cost.
Many fleet vehicles require specialized synthetic motor oil, special coolant fluids, filters, OEM-manufactured spare parts, and strict adherence to manufacturer-recommended maintenance schedules to guarantee new-vehicle warranty coverage. The OEMs have become more stringent in requiring adherence to their maintenance service recommendations for a vehicle to remain eligible for new-vehicle warranty coverage.
Although costs have increased, many fleets continued to cycle vehicles early to take advantage of still favorable resale market conditions. This strategy has reduced average vehicle age and helped minimize maintenance expenses.
Vehicle quality continues to improve and extended powertrain warranties have covered some expensive repairs, which occur at higher mileage. Although quality has increased, vehicles are becoming more complex, especially with the proliferation of new onboard technologies. In this context, what follows are the top 15 maintenance trends for passenger cars that are facing commercial fleet managers in 2013 and beyond.
To determine whether an extended warranty is right for your fleet, review vehicle usage, lifecycles, and replacement policies.
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