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Extended Cycling & Part Shortages Stress Warranty Recovery in 2021
Higher Commodity Prices Exert Upward Cost Pressure on Tires

Higher Commodity Prices Exert Upward Cost Pressure on Tires

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

Preventative Maintenance Costs Increase 3-5% in 2021

Preventative Maintenance Costs Increase 3-5% in 2021

Many factors converged to exert upward pressure on PM costs, such as longer vehicle service lives due to limited product availability; the ongoing transition to synthetic oils; and higher labor rates to attract scarce technicians.

October 26, 2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

Unscheduled Maintenance Costs Increase 3% in CY-2021

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, causing repair spend to increase in 2021

October 26, 2021

Connectivity Disruptions to Cloud Services Emerge as a Potential Fleet Concern
Asset Simplification vs. Asset Standardization

Asset Simplification vs. Asset Standardization

The key to reducing asset variability is to involve user groups early on and to gain their buy-in by framing the asset simplification discussion as ways to enhance user productivity and safety, and creating cost efficiencies that contribute to P&L objectives.

November 23, 2020

Ford’s Strategy to Increase Commercial Vehicle Sales with End-to-End Services
Unpopular Flat-Rate Compensation Contributes to Shortage of Repair Techs
COVID-19 Offers Opportunity to Make a Dent in the Technician Shortage

COVID-19 Offers Opportunity to Make a Dent in the Technician Shortage

Now is when the fleet industry should be proactively identifying these future technicians. The fleet industry has a window to tap into this idled labor pool, who will look attractive to other industries experiencing labor shortages leading to increased competition to recruit this talent.

April 2, 2020

Fleet Policies & Procedures to Minimize COVID-19 Contagion
In Memoriam: Dealer, Fleet Leasing Pioneer Joe Holman
Upward Pricing Pressuring Fixed and Operating Costs

Upward Pricing Pressuring Fixed and Operating Costs

Fleets are being impacted by a variety of inflationary pressures ranging from higher acquisition prices due to the proliferation of onboard safety equipment, to increased material costs pushing up pricing on parts, upfits, and replacement tires.

December 13, 2019

Labor Shortage Increases But Economic Uncertainty Emerges

Labor Shortage Increases But Economic Uncertainty Emerges

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 retirements, but some see uncertainty of future market conditions.

December 11, 2019

Ford's 2020 Explorer: Enhanced Fleet Capabilities

Ford's 2020 Explorer: Enhanced Fleet Capabilities

Redesigned from the ground up, the 2020 Explorer’s RWD architecture offers improved on- and off-road abilities and increased towing capacity. When powered by the 3.0L EcoBoost engine, it is the most powerful Explorer ever.

July 19, 2019

Q&A: Ford's New Fleet Director

Q&A: Ford's New Fleet Director

Mark Buzzell is no stranger to fleet. As the prior president and CEO of Ford of Canada, one of his key responsibilities was managing its Canadian fleet business. Buzzell understands fleet and recognizes its importance to Ford.

March 27, 2019

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