By Wayne Smolda, President and CEO of The CEI Group, Inc.
The most disturbing news for fleets to come out of 2015 was the projection that traffic fatalities for last year were going to increase by the greatest rate we’ve seen in many years, a warning that fleet accident costs – including repair and other “hidden” expenses – could do the same next year.
Even without higher accident rates, fleets face an increase in the cost of accident repairs, given the continuing growth in the number of safety systems appearing in new vehicles and in the use of non-traditional materials, like aluminum, plastics and high-strength steel, all of which are costlier to repair.
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