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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...
https://www.automotive-fleet.com/346322/labor-shortage-increases-but-economic-uncertainty-emerges
More complex vehicle technology, higher labor rates due to the ongoing skilled labor shortage, higher tire prices, and increased use of synthetic motor...
https://www.automotive-fleet.com/342833/higher-labor-rates-pushing-up-total-fleet-maintenance-costs
Average repair cost per unit increased in 2019, primarily due to higher labor rates. Also, PM costs were up as more units require more expensive synthetic...
https://www.automotive-fleet.com/353389/passenger-vehicle-maintenance-spend-increased-4-in-cy-2019
More OEMs are adopting more stringent motor oil requirements for new models increasing total PM costs, year-over-year, as more vehicles are required to use...
https://www.automotive-fleet.com/342852/fleet-oil-drain-and-pm-costs-increase-again-in-2019
Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety...
https://www.automotive-fleet.com/346484/upward-pricing-pressures-on-most-fixed-and-operating-costs