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
With vehicle supply constraints and inflated prices now forecast through 2023, fleet operators are adjusting their duty cycles, fleet plans, and job management.
August 26, 2021
A simple camera system enables auction operations and dealers to market and sell vehicles at any point after a quick 360-round photo session.
August 23, 2021
The annual conference will offer plenty to talk about and act on as the remarketing industry strategizes for a reset marketplace.
August 2, 2021
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