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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

Manheim Offers Clients Extra Protection for Digital Purchases
Manheim Index Sets New Record — Again

Manheim Index Sets New Record — Again

All major market segments saw seasonally adjusted wholesale price increases in September, while sales into fleets were down 21% year over year in September.

October 7, 2021

 Xos, Cox Automotive Mobility Partner to Reuse Battery Packs
2021 Benchmarking Statistics

2021 Benchmarking Statistics

This report covers public sector fleet operations statistics for 2021, taken from Government Fleet's biennial industry survey.

September 14, 2021

Wholesale Used Vehicle Price Trend Reverses Course in August
Fleet Sales Fall Slightly While Rental Car Sales Come Back
Cox Automotive Starts Plan to Evaluate Used EV Batteries
Automotive Remarketers Pivot To A Third Decade
The Most Shopped EV and Hybrid Vehicle Brands
Auctions Discover the Real-Time Value of Instant Digital Photos
Used Vehicle Sales Slowing After Quick Spring Pace
New-Vehicle Supply Still Low but Starting to Stabilize
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