Today’s international market conditions are not so different than they were 20 years ago and there are opportunities to be had (but no one said it was easy).
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IARA 20th Anniversary Issue: Two founders of the IARA recount its two-decade record of accomplishment that creates even more potential.
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Manheim's leader looks back on an innovative year and updates the industry on company developments.
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With the help of industry experts, Automotive Fleet takes a look at the current state of the used-vehicle market and what the near future may hold.
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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.
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The EV market has totally evolved in the last decade and will continue to change as EVs become more affordable, longer lasting, and more efficient.
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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.
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The poll is live for the 2021 Fleet Vehicles of the Year — vote for your favorite car, truck, and/or SUV, share the link, and help contribute to the next Fleet Vehicle of the Year.
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Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
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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.
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