Decisiv Commercial Vehicle Service Analysis Highlight
Combined parts and labor costs in 2024 Q3 were up in 19 of the 25 VMRS Systems tracked in the Decisiv TMC Benchmark Report, compared to 13 systems with higher expenses in 2024 Q2.
VMRS System codes with the highest increases in 2024 Q3 combined costs included Steering (10.8%), Filter Kits (8.8%), Fuel System (8.4%), Power Take Off (5.3%), and Tires (5.1%).
The systems with the largest decreases in combined costs in the most recent quarter were General Accessories (-10.7%), Axle Driven-Rear (-3.0%), both Wheels, Rim, Hubs, and Bearings and Aerodynamic Devices by -2.1%, and Clutch (-2.0%).
Composite View: Service Cost Distribution for Q3 2024
