A variety of factors converged to exert upward pressure on preventive maintenance 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.
November 1, 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. This caused repair spend to increase in 2021.
November 1, 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
The estimated scheduled maintenance cost for a light-duty battery-electric vehicle is substantially lower than that of a conventional internal combustion engine vehicle, according to a new report by the Argonne National Laboratory.
July 7, 2021
Total cost of ownership for electric vehicles (EVs) depend on up-front costs, maintenance and fuel costs, and resale value. Here’s what to consider when calculating TCO.
February 12, 2020
New data from the New York City fleet shows that mid-size cars cost 41% more to maintain than a small car, while a large car is 142% more expensive. The city found similar results with SUVs and vans.
January 13, 2020
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
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
The Douglas County, Nev., Sheriff’s Office has authorized patrol deputies to take home their assigned police vehicles to maximize the effectiveness of the Patrol Division.
June 12, 2019
DeKalb County (Ga.) has deployed two rapid response vehicles to respond to emergency medical and fire suppression calls for improved response times and lower maintenance and operation costs.
April 24, 2019
New York City's all-electric vehicles had the lowest recorded maintenance costs for 2018, dramatically less than gasoline, hybrid, or hybrid-plug-in models.
March 15, 2019
Kern County, Calif., had experienced eight consecutive years of significant cuts to its fleet management budget. Leasing will allow it to save $2 million over five years.
January 7, 2019
The City of Gary, Ind., is considering changing its city ordinances to allow the money raised from auctioning towed vehicles to go to police vehicle maintenance.
October 31, 2018
Vincentric has begun offering more in-depth maintenance data as part of its automotive cost-of-ownership database covering more than 45,000 vehicles, the Bingham Farms, Mich.-based data provider has announced.
October 30, 2018
Vehicles equipped with advanced driver assistance systems (ADAS) can add on average an extra $3,000 to the repair bill after a crash due to pricey sensors and their calibration requirements, according to new research from AAA.
October 25, 2018