Row of new vehicles

ICYMI: three resources to navigate OEM production delays

Tuesday, January 11, 2022

By: Jaime Bowden, Corporate Marketing Communications

“Hurry up and wait” felt like the unofficial slogan of 2021 fleet vehicle acquisition and, while we’d love for this year’s mantra to sing a different tune, it’s looking like more of the same OEM production delays in 2022. But there’s good news!

Assembly line of cars

Element’s experts learned a lot last year to ensure you have the resources and guidance you need to make informed decisions about fleet vehicle acquisition and costs in 2022.

If you catch yourself asking, “how can I control my overall fleet budget?” or, “what can I do to offset rising fleet maintenance costs?” or even, “how can I optimize my fleet amidst acquisition challenges?” – these resources from Element’s Strategic Consulting team have the answers to help answer these questions!

  1. Rising fleet maintenance costs: How to keep your bottom line in check
    Understand why fleet maintenance costs are rising and the actions you can take to control these costs.
  2. The hidden costs behind the microchip shortage
    In 2022, your fleet budget is most likely to take a hit due to delayed gains on sale and higher fleet maintenance costs. This deep dive provides insights to manage these budget impacts.
  3. Three ways to optimize your fleet amidst the microchip shortage
    Maintaining productivity is a top concern as vehicle acquisition challenges persist but with the right strategies, you can ensure your fleet’s health remains balanced and cost-effective

While 2022 won’t bring “normal” back to the ordering process, leverage these resources or contact Element Fleet Management for consulting expertise to help you navigate the microchip shortage with confidence.

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