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Discuss the top reasons why maintenance costs have increased in this week's State of the Fleet Industry video with Mike Antich.
https://www.automotive-fleet.com/10192937/five-reasons-why-fleet-maintenance-costs-have-experienced-double-digit-price-inc
Average repair spend per unit increased 3-5% in calendar-year 2018, primarily due to higher labor rates and part prices. Also, PM costs were up due to the...
https://www.automotive-fleet.com/325853/passenger-vehicle-maintenance-spend-increased-3-5-in-cy-2018
On average, PM costs have increased due to higher labor rates, expansion of models requiring synthetic motor oil, and more expensive cartridge oil filters....
https://www.automotive-fleet.com/325868/synthetic-oils-higher-labor-rates-increase-fleet-preventive-maintenance-costs
Upward cost pressures on replacement tires have emerged in 2018, due to higher cost for the commodities used to manufacture tires and the trend to larger...
https://www.automotive-fleet.com/325873/replacement-tire-costs-increased-8-in-cy-2018
Citing the higher cost of crude oil, many major manufacturers of finished lubricant products increased prices from 5% to 8% in CY-2018. Plus, each...
https://www.automotive-fleet.com/320394/price-increases-for-finished-lubricants-nudge-up-pm-costs
Although repair incidents were flat, other fleet-related maintenance expenses were up in calendar-year 2017, primarily in labor rates and parts prices. PM...
https://www.automotive-fleet.com/279691/higher-labor-parts-drive-up-fleet-maintenance-costs
Extended oil-drain intervals have helped to offset increases in the cost of motor oil because of the expanded use of synthetic oils and cartridge oil...
https://www.automotive-fleet.com/279692/fleet-preventive-maintenance-costs-increase-3
For the past four years, tire costs have been stable. But, new cost pressures have emerged in 2017, due to higher prices for the commodities used to...
https://www.automotive-fleet.com/279693/replacement-tire-costs-increase-5-10A fleet cost reduction program goes straight to the corporate bottom line. If a company operates at a 10% annual net profit margin, reducing annual fleet...
https://www.automotive-fleet.com/287689/using-performance-based-incentives-to-optimize-the-cost-effectiveness-of-fleet-oFleet costs are experiencing upward pressure in a variety of areas, ranging from higher vehicle acquisition due to the proliferation of safety systems to...
https://www.automotive-fleet.com/288139/higher-prices-reinvigorate-cost-containment-initiatives