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It has been a challenge finding the right vehicles due to supply chain issues in the automotive industry. There are several issues causing a shortage of vehicles. The biggest contributor to the shortage is the smallest part… a chip. But there is much more to it now. Read on…

Data is increasingly driving the evolution of electric vehicles. Initially, EV’s early adopters were driven by feeling but the reality of EV’s is clear and the data easily supports it.

Reducing vehicle downtime is a critical issue for fleet managers. Inconvenient breakdowns and delays impacting the customer are detrimental to business. Overloading a vehicle and lack of use of vehicles and vehicle equipment can have noticeable impacts across the fleet. Investing in technology is also important in order to track preventive maintenance, collect data track the timely completion of work.

Ford has started announcing more details on its 2022 F-150 Lightning, with targeted horsepower of 563, and the most torque of any F-150 yet at 775 lb-ft. The vehicle is expected to roll off production lines in early 2022 and is a part of the company’s global electric vehicle plan.

In May 2021, used-vehicle values hit an all-time high—but supply stabilized to levels below what had been seen in 2019 and 2020. Used car prices are 15% higher than what was seen in 2019, and 16% higher than 2020 levels.

At face value, an easy way to cut down on capital expenditures it often to defer asset replacements. The problem with this approach though, is that it doesn’t actually achieve the intended goal of cost cutting, but instead shifts expenses to the fixed and operating categories, has vehicles operating outside of the warranty period and creates increased risk for unbudgeted costs.