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automotive supply chain

The ongoing difficulty in sourcing replacement vehicles is forcing some fleets to extend vehicle service lives beyond normal replacement parameters. As a result, there is an uptick in unscheduled repairs. Also, how is Europe's EV proliferation pressuring future resale values for ICE vehicles? Find out this and more in this video episode of State of the Fleet Industry.

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15 Predictions that will Impact the Fleet Market in CY-2022

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.

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