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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

Extended Cycling & Part Shortages Stress Warranty Recovery 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

How to Balance Truck Application Against Resale

How to Balance Truck Application Against Resale

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

How to Maximize Truck Resale Values

How to Maximize Truck Resale Values

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

20 Spec'ing Mistakes that Negatively Impact Truck Resale

20 Spec'ing Mistakes that Negatively Impact Truck Resale

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

Top 10 Trends in Truck Fleet Management

Top 10 Trends in Truck Fleet Management

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 Seeks to Expand Its Commercial Fleet Market Share

Hyundai Seeks to Expand Its Commercial Fleet Market Share

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

State of the Fleet Market Outside North America

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

9 Mistakes to Avoid When Playing 'Musical Cars'

9 Mistakes to Avoid When Playing 'Musical Cars'

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

Perfect Storm Pummels Truck Resale Values

Perfect Storm Pummels Truck Resale Values

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 Business Case for Short Cycling Compact S

The Business Case for Short Cycling Compact S

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

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