Q. What are the potential fuel impacts on different lifecycle strategies?

The question has been raised on what the potential fuel impacts are on different life cycle strategies. There has been a decline in fuel prices over the last few years. That has resulted in cost reductions for all fleets. The ones that keep vehicles in service for longer will put more focus on managing driver behaviors that have an impact on fuel consumption.

Key Takeaways:

• The decline in fuel prices over the past several years has provided significant cost reductions for all fleets.
• Those that keep vehicles in service for longer will place more focus on managing driver behaviors that impact fuel consumption
• Some of the major factors that impact fuel consumption are idle time, speeding, and purchasing controls

“Those that keep vehicles in service for longer will place more focus on managing driver behaviors that impact fuel consumption such as idle time, speeding, and purchasing controls as ways to reduce fuel spend.”

http://www.businessfleet.com/blog/fleet-management-and-leasing/story/2017/02/q-what-are-the-potential-fuel-impacts-on-different-lifecycle-strategies.aspx