Penske Using Artificial Intelligence for Fleet Maintenance and Repairs by 2024

The article discusses Penske Truck Leasing’s plans to implement artificial intelligence (AI) for predictive maintenance and repair of its fleet of commercial trucks by 2024. The company aims to leverage AI to analyze data from sensors on its vehicles, enabling proactive maintenance and reducing downtime. Key points include: 1) Penske will use AI to predict when components like brakes or batteries need replacement, allowing for scheduled maintenance before failures occur. 2) The AI system will analyze data from over 1 million sensor readings per truck per day, identifying patterns that indicate potential issues. 3) Penske expects the AI-driven predictive maintenance to reduce costs, improve vehicle uptime, and enhance customer service. 4) The company is working with partners like Michelin and Daimler Truck to integrate their data into the AI system. 5) Penske sees AI as a key competitive advantage in the highly competitive trucking industry.

Source: https://www.businessinsider.com/penske-using-artificial-intelligence-for-fleet-maintenance-repairs-2024-8