All Company cars articles – Page 25
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Analysis
Keep fleet expenses under control
If you read nothing else, read this . . . Rising fuel costs are pushing fuel expense monitoring up the agenda. Fuel cards and mileage monitoring systems can help identify how much drivers are spending and where. Using fuel cards with other systems may reduce fuel consumptions. Systems should not ...
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Analysis
Fleets go greener
If you read nothing else, read this … New cars have undergone rapid evolution in terms of fuel-efficient and reduced-emission engines. Employees are pushing for greener vehicles to reduce their benefit-in-kind tax liability. Employers are keen to save fuel costs and promote their corporate social responsibility agenda. Vehicle manufacturers are ...
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Article
Alphabet extends fleet management services to Slovakia
Alphabet has partnered with UniCredit Fleet Management to extend its services in Slovakia.The Slovak offering will include fleet consulting, financing, tyre and repair services, payment of taxes and insurance costs, fuel cards, replacement cars, roadside assistance and legal insurance.Norbert van den Eijnden, head of Alphabet International, said: “BMW Group Financial ...
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Article
Confessions of a benefits manager: The road to ruin
US headquarters do not understand company cars, so Candid has her work cut out selling her new vehicle policy for EuropeBig Bad Boss is dead against me looking at the car policy again. He says the US will never allow us to make any changes, so any analysis is pointless. ...
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Article
GE Capital partners PSA Peugot Citroen in electric cars deal
GE Capital has signed an agreement with PSA Peugeot Citroen that will see the fleet provider purchase up to 1,000 electric cars to offer employers at a pan-European level.The agreement would see GE Capital lease electric cars across Belgium, France, Germany, Italy, Netherlands, Sweden, Portugal, Spain, Switzerland and the UK.In ...
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Article
Philips UK rolls out a salary sacrifice car scheme
Philips UK has introduced a salary sacrifice car scheme for all permanent UK employees.The scheme, which is provided by Zenith, is part of the organisation’s flexible benefits package.The cars in the scheme are restricted to a maximum 145g per km carbon dioxide.Nicolas Bedard, fleet manager at Philips UK, said: “It ...
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Analysis
Green focus for car salary sacrifice
If you read nothing else, read this . . . UK tax incentives naturally skew salary sacrifice company car schemes towards lower-emitting vehicles. Having an emissions cap on vehicle choice will naturally focus a scheme on greener vehicles. Further incentives for lower-emitting vehicles, or an extra levy on more polluting ...
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Article
Zenith Provecta rebrands to Zenith
Fleet provider Zenith Provecta has rebranded as Zenith, three years after it acquired Provecta Car Plan.It has also introduced a new strapline: Intelligent Vehicle Solutions.Tim Buchan, chief executive officer at Zenith, said: “This is the next natural step in the organisation’s development.“We are in an exciting time in our progression ...
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Article
ALD Automotive research: Average CO2 emissions down in company cars
The average carbon dioxide emissions of new company cars have dropped to an all-time low of 138.1g per km, according to research by ALD Automotive.That figure compares with an average figure of 142.6g per km in 2010 and 166.8g per km in 2003.The research also found that environmentally friendly cars ...
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Article
Acfo publishes guide to fleet policies
Acfo, the organisation for fleet operators, has published a guide to influence fleet and travel policies. The guide, From A to B: the ACFO guide to journey planning, is designed for public, private and voluntary sector organisations to look at how effective, and sustainable, their existing mobility options are.The 28-page ...
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Article
Philips adds electric car to its fleet
Philips has added its first electric car to its fleet.The car, provided by LeasePlan, will be used as an onsite pool car, available to all employees for local journeys.Philips will also be installing a charging post at its UK head office, in association with Easit, a sustainable transport initiative.The post ...
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Article
HMRC wins car allowance tribunal against Total People
HM Revenue and Customs (HMRC) has overturned a first-tier tribunal decision that found business motoring allowances paid to staff at training firm Total People were exempt from national insurance contributions (NIC).The case, from August 2010, concerned whether the NIC relief for business travel could be used, not only on a ...
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Article
Lex Autolease research: Cost of hybrid or electric cars a barrier for employers
Four in 10 financial directors would not pay a financial premium to introduce hybrid or fully electric cars to their fleets, according to research by Lex Autolease.The fleet provider, which polled 100 employers across the UK, also found that just over half (53%) would invest in hybrids and electric cars ...
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Article
Barloworld Handling renews fleet contract
Barloworld Handling has renewed its fleet contract with Alphabet for a third consecutive year.The renewed contract, which came after a 10-way re-tendering process, sees Alphabet continue to manage the lift truck distributor's fleet of 650 cars and vans.Alan Thackray, vehicle contract and facility manager at Barloworld Handling, said: “The tender ...
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Article
GE Capital research: Company cars grow in importance
The importance of company cars as a business tool has increased among employers in the past two years, according to the quarterly Company Car Trends research by GE Capital, Fleet Services.For essential car users, the perceived importance of the company car is now rated on aggregate almost nine out of ...
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Article
Leeds Community Healthcare NHS Trust launches green salary sacrifice car scheme
Leeds Community Healthcare NHS Trust has launched an environmentally friendly salary sacrifice car scheme for its 2,900 employees.The scheme, which is provided by Tusker and procured by CPC, enables staff to make monthly car payments out of their gross salary. CO2 emissions have been capped at 150g/km for cars selected ...
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Article
MIB Data Solutions research: SMEs stick to outright purchase of company cars
Outright purchase remains the preferred form of company car acquisition among small- and medium-sized employers.According to a survey of 1,317 fleet managers by MIB Data Solutions, the vast majority (1,163) preferred to buy company cars outright, while 685 use some form of leasing and 259 do both.Nick Boddington, managing director ...
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Article
Pentland Brands reduces fuel use by 16%
Pentland Brands has cut tens of thousands of pounds from its fleet budget and reduced fuel use by 16% after withdrawing its private fuel benefit.The brand management company behind global brands such as Speedo, Mitre and Berghaus used The Miles Consultancy’s (TMC) mileage audit system to gather the critical fuel ...
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Article
Alphabet acquires ING Car Lease
Alphabet, the international fleet management division of BMW Group, has acquired ING Car Lease.The purchase price amounts to €637 million. The transaction is expected to close in the fourth quarter of 2011, subject to regulatory approvals.Through the acquisition, Alphabet is able to provide employers with broadened services now in 16 ...
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Article
Adecco starts engines on Zenith Provecta salary sacrifice car scheme
Recruitment agency Adecco has launched a new salary sacrifice car scheme with Zenith Provecta.The Your Car scheme is available to all employees who are eligible for a cash allowance and to company car drivers.Zenith Provecta has been assisting Adecco Group in promoting the benefits of Your Car and methods used ...