The term ‘connectivity’ may be one you have heard associated with automotive technology over the past decade. As of last year, there were approximately 237 million connected cars on the road globally with 84 million of those vehicles in the United States. However, the global number is… Read More »Connectivity and Telematics – Taking Safety Management to the Next Level
Maintenance is one of the largest variable expenses contributing to the total cost of ownership (TCO) of a vehicle. And maintenance costs are on the rise, up by 3.7% in the fourth quarter of 2021 and almost 10% from the previous year.1 According to GEP, a… Read More »Controlling Maintenance Costs with Telematics Data
The cost to fuel a fleet is one of the largest expenses in fleet management second only to depreciation. And today’s cost of fuel makes a fuel management program even more important. One of the main ways to lower fuel costs is by reducing fuel… Read More »Reign in your Fuel Costs with Telematics Data
With inflation at an all-time high impacting the price of almost everything, cost is top of mind for many of our fleet managers. Historically, the three big categories of fleet spend have always been depreciation followed by fuel and maintenance. As the largest spend bucket,… Read More »Tackling Depreciation – Using Today’s Resale Market to Manage the Largest Fleet Cost
