The automotive parts shortage that the industry is experiencing today goes far beyond just the shortage of microchips. Today, there is a wide cross-section of automotive parts that are in short supply varying by type of part and make and model of vehicle.
January 5, 2022
Three experienced global fleet managers discuss the changing nature of their roles and the challenges of policy harmonization, standardization, and safety across world regions.
January 4, 2022
Part and labor prices have increased 4-8%, while part and labor availability have decreased. Due to difficulties sourcing replacement vehicles, fleets are keeping units in service longer. This caused repair spend to increase in 2021.
November 1, 2021
Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
October 27, 2021
Many tire OEMs have increased prices in CY-2021, ranging from 3-10% depending on type of tire and size. Higher commodity prices and increased ocean freight rates are being passed on to end users as OE profit margins compress.
October 26, 2021
Your primary goal is to spec a truck to meet the intended job function, but how it is spec’ed has a direct bearing on future resale value. Therefore, it is similarly important to maintain a remarketing mindset when identifying specs.
March 14, 2018
Regardless of the vocational application, companies are in the business of “manufacturing” used vehicles. Today’s new truck is tomorrow’s used truck. How you spec a truck has a direct bearing on its future resale value.
November 8, 2016
When spec'ing a truck, it is critical to find the balance between building a truck to perform the intended job function and ensuring there will be a strong secondary buyer demand in the resale market at the end of its lifecycle.
July 15, 2016
The top challenge facing truck fleets continues to be managing fuel spend. Other challenges include rightsizing, rising tire costs, remarketing, and improving fleet efficiency. An emerging trend is the shift to lighter-weight upfits.
March 14, 2013
Hyundai is on a roll with strong retail sales and views commercial fleet sales as an opportunity to further expand its reach into the U.S. market. It recently assembled a new fleet management team to expand its commercial fleet sales.
September 1, 2010
Global Fleet Services is an international alliance of fleet management companies representing global regional markets. The alliance met in Spain to discuss fleet trends in Africa, Asia, Australia, and Latin America.
January 8, 2010
Many of those millions laid off during this recession’s corporate downsizings drove company cars. The process of reassigning vehicles retrieved from terminated employees can lead to errors. Here’s how to avoid them.
May 4, 2009
Resale values for pickup trucks have declined by 15-25 percent due to such factors as high fuel prices, tightened consumer credit, and a stagnant construction market.
August 1, 2008
The aggressive fleet incentives that manufacturers are currently offering commercial fleets present the opportunity to give serious consideration to substituting a compact SUV on a selector in lieu of a traditional intermediate-size fleet sedan, so long as it is capable of fulfilling the fleet application. When you compare lifecycle costs during a 36-month service life, a compact SUV actually has a lower monthly total cost. Interestingly, they are also less expensive at a shorter 24-month cycle.
June 1, 2004