Vehicle monitoring and reporting system and method

A method for monitoring a vehicle comprising a plurality of components, wherein the method comprises:

• receiving data associated with operation of the vehicle and indicative of an occurrence of at least one event;
• determining, prior to a vehicle failure, a probability of vehicle failure based upon the prior occurrence of an event as indicated by the received data and further based upon a passage of time following the occurrence of the event, wherein the probability of vehicle failure that is determined increases over time following the occurrence of the event;
• applying at least one user preference to the data that has been received by applying at least one prioritization preference governing prioritizing the data based upon historical data related to at least one of the vehicle and a type of the vehicle, wherein applying at least one user preference comprises applying alerting preferences that provide directions to alert the user beginning some time after the occurrence of an event when the probability of vehicle failure is determined to have increased over time after the occurrence of the event to at least a predetermined value;
• and
• presenting at least a portion of the data after applying the at least one user preference to the data.

A system for reporting vehicle monitoring data, comprising:

• a data gathering element capable of receiving data representative of events associated with operation of a vehicle and indicative of an occurrence of at least one event;
• a processing element capable of consolidating the gathered data and determining, prior to vehicle failure, a probability of failure of the vehicle based upon the prior occurrence of an event as indicated by the data received by said data gathering element and further based upon a passage of time following the occurrence of the event, wherein the probability of vehicle failure determined by said processing element increases over time following the occurrence of the event;
• and
• a customization element capable of receiving and applying at least one user preference that provides directions to alert the user regarding the data at the time when said processing element has determined that the probability of failure of the vehicle for the event associated with the data has increased over time after the occurrence of the event to at least a predetermined value.

A method for reporting vehicle monitoring data, comprising:

• receiving data comprising events associated with operation of a vehicle and indicative of an occurrence of at least one event;
• consolidating the data and determining, prior to a vehicle failure, a probability of failure of the vehicle based upon the prior occurrence of an event as indicated by the received data and further based upon a passage of time following the occurrence of the event, wherein the probability of vehicle failure that is determined increases over time following the occurrence of the event;
• and
• applying at least one user preference that provide directions to alert the user regarding the data at the time when the probability of failure of the vehicle for the event associated with the data is determined to have increased over time after the occurrence of the event to at least a predetermined value.