February 8, 2009
Overall fleet car maintenance costs rose 5 percent for the 2008-calendar year compared to 2007, primarily due to increased prices for replacement tires and higher labor rates. Partially mitigating these increases were flat PM expenses and increased vehicle quality, resulting in fewer warranty claims and vehicle recalls. These findings are based on a survey of actual maintenance expenses of 70,374 passenger cars conducted by GE Capital Solutions Fleet Services.
Tags: GE Capital Solutions Fleet Services, maintenance costs, operating costs, study