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Challenges Facing Fleet Managers in 2013 + Forecast

In the recent State of the Commercial Fleet Market 2013 Report, Automotive Fleet identified the top four challenges facing fleet managers today: fuel prices, cost reduction pressure, flat maintenance costs, and sustainability.

Challenges at a glance:

  • The No. 1 challenge facing commercial fleets is increasing fuel prices, which have reached record highs.
  • Pressure for spend reductions at companies are occurring at all levels, and fleet is simply another department requested to cut costs.
  • Maintenance costs, overall, have been flat due to the higher quality of vehicles from all OEMs and extended powertrain warranties have covered some expensive repairs at high mileage.
  • Despite a slow economy, sustainability initiatives continue to receive strong support from senior management at many companies.

In addition, the report also identified the forecast for topics such as fleet budget, size, operating costs, and alternative fuel vehicle inventory.

 

Fleet Budget Forecast

Fleet Budgets

Most fleet managers do not expect to see an increase to their fleet budgets in the next 12 months (46 percent) and some are even anticipating a decrease (11 percent). 43 percent are anticipating an increase in their fleet budgets.

 

Fleet Size Forecast

Fleet Sizes 2013

The majority of fleet managers surveyed (63 percent) are anticipating an increase in their overall fleet size over the next 12 months, while only 15 percent are expecting a decrease. 22% anticipate no change in their fleet size.

 

Fleet Operating Costs Forecast

Fleet Operating Costs

Fleet managers are expecting an increase in overall fleet operating costs over the next 12 months, while only 15 percent expect a decrease.

 

Alt-Fuel Vehicle Inventory Forecast

Fleet Alternative Fuel

The majority of fleet managers surveyed (67 percent) see no change to their alt-fuel vehicle counts, while 23 percent expect an increase in total numbers. Only 10% forecast a decrease.

 

For full details including strategies to combat the above challenges, read the complete report.

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By Carissa Saia, 26.06.13

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