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Supply chain constraints make it difficult to get replacement vehicles leading to extended cycling of those currently in service. This is pushing the envelope of warranty coverage that is exacerbated by a shortage of replacement parts.
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When the recession hit in 2008, instead of increasing the lifecycle of its medium- and heavy-duty trucks, Joy Global began shortcycling.
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Most vehicles depreciate quickest in their first two years. However, we’ve found some models whose net monthly depreciation is greater in later months. These models are candidates for short cycling.
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