Athene is the lead investor in the new mega company, consolidating two of the most well-known fleet companies in the world.
The ultra endurance chassis and control arm program for fleet vehicles now offers technicians a new choice in repair solutions.
Order cut-off dates for several 2018 model year truck models are fast approaching, according to Wheels, Inc. General Motors and Fiat Chrysler Automobiles have announced earlier than normal cut-off dates as they plan to move production and retool their plants in preparation for upcoming new designs and changes.
Fleet management has migrated from the garage to the Excel spreadsheet. We don’t have to wonder anymore about whether that compact car really is more expensive to operate than a comparable small SUV. Now the data can give us the answer.
The best fleet managers survived the total fleet management era because they brought value to their companies.
While OTD remained relatively static overall, year-over-year, delivery times were still above the industry average benchmark of 60 days. Quality holds and recalls impacted some high-volume fleet models.
As John F. Kennedy once said, “History is a relentless master. It has no present, only the past rushing into the future. To try to hold fast is to be swept aside.”
Key factors causing OTD delays were increased vehicle volumes due to continued auto industry sales growth, lengthy quality holds, parts shortages, ongoing railcar shortages, recalls, plant changes, and weather-related issues.
Last April’s earthquake in Japan and subsequent tsunami disrupted the automotive supply chain, causing parts shortages, which delayed order-to-delivery times. Extreme weather conditions also impacted vehicle shipments.
Stable fuel prices were the primary reason fleet costs remained flat. Also, national accounts did not increase prices for oil changes and replacement tires. Maintenance costs were up for fleets that extended vehicle cycling.
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