Search
Close this search box.
Sign up for our weekly Newsletter

Age of company petrol fleet on the rise

Average age of a petrol fleet car undergoing service, maintenance or repair (SMR) has risen by more than a year since the start of the pandemic in 2020 – from 18 months to 31 months, epyx is reporting. Similarly, the average age of a diesel van undergoing SMR has increased from 31 months to 39 months,
unnamed 2 1
Tim Meadows

Share

4 April 2023

THE average age of a petrol fleet car undergoing service, maintenance or repair (SMR) has risen by more than a year since the start of the pandemic in 2020 – from 18 months to 31 months, epyx is reporting.

Similarly, the average age of a diesel van undergoing SMR has increased from 31 months to 39 months, according to data drawn from the company’s 1link Service Network SMR management platform, used by fleets totalling more than four million vehicles.

Tim Meadows, chief commercial officer at epyx, said: “It’s well-known that the fleet vehicle parc has risen since the start of the pandemic but the extent revealed by these figures is perhaps still surprising.

“The reasons for the increase are well understood. Initially, some operators opted to hang onto vehicles for longer because they didn’t cover the expected mileage thanks to lockdowns but, more recently, very poor new car and van supply has been much more of an issue. This is a situation that is only improving relatively slowly, with a huge order backlog still in place.

“Operating older vehicles does, of course, create challenges. They are more likely to break down and the maintenance regime applied needs to be more thorough to ensure ongoing roadworthiness. These are certainly issues that we have been working through with fleets over the last few years, using our technology to help them keep costs under control, minimise downtime and ensure safety.”

Meadows said it remained open to discussion when the average age of fleet vehicles would stop rising and whether they would ever return to pre-pandemic levels.

“The underlying question is whether fleets will choose to operate younger car and vans when supply makes that possible or whether they have learnt that they can economically and effectively operate older vehicles. We’ll find out over the next few years.”

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Chris Wright

Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

Latest news

Top