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GE Capital Fleet Services

Depreciation Up in Most Vehicle Segments

According to industry analysts, most vehicle segments increased in vehicle depreciation in 2009 due to such factors as extended replacement cycling, shifts in the wholesale vehicle market, and higher capitalized vehicle costs.

Global Economic Recession Cuts Fleet Operating Costs

Fuel costs, the largest fleet operating expense, declined dramatically in the 2009 calendar-year due to a sharp decline in worldwide consumption. Also, many fleets have downsized, which contributed to a lower overall fuel spend.

2009 Order-to-Delivery Times Battered on Multiple Fronts

OTD was affected by plant closures due to Chapter 11 reorganizations by GM and Chrysler, an economic downturn that decreased fleet and retail sales, and shipping delays caused by less-than-full loads for railcars and transporters.

Mixed 2008 OTD Performance: Some Models Up, Some Down

This was an interesting order-to-delivery year. A protracted UAW strike and flooding in the Midwest delayed some models, while others posted improved OTD due to reduced retail sales, which expedited fleet production.

Cycling Truck Bodies: Is It a Good or Bad Idea?

As the cost of truck bodies increases due to rising material costs, recycling bodies on new chassis can become more attractive. However, the cost of vehicle downtime to allow for remounting needs to be taken into account.

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