All Company cars articles – Page 29
-
Analysis
Technology is changing company fleets
If you read nothing else, read this...The new generation of in-car technologies include automatic braking, parking and steering, stability control, cruise control, adaptive lighting, speed limiting and environmental innovations.Telematics-based systems include GPS, mileage capture, vehicle tracking and fuel cards.Mobile devices are expanding what data can be collected.Before investing in new ...
-
Article
Fleet managers look to reduce cost and under-performance
More than half (60%) of fleet managers believe the best single way to reduce cost and under-performance is to reduce the number of unnecessary miles driven.A survey by Trimble MRM, the supplier of corporate in-vehicle telematics technology, which polled 300 fleet managers, also found 85% of respondents believe using fuel ...
-
Analysis
Fleet review can save costs
If you read nothing else, read this...A fleet review will typically cover four key areas: fleet policy, health and safety, acquisition method and company car supplier.If performed properly, a review can reduce the operating costs of an organisation's fleet by between 10% and 15%.Organisations may find they have to conduct ...
-
Article
Trimble MRM launches driver safety software
Fleet firm Trimble MRM has launched its new driver safety software designed to help employers run fleets more effectively and efficiently.Drivers are given pointers on their safety performance via in-car audible beeps and red, amber and green lights. The system then relays real-time safety information to managers so they can ...
-
Analysis
How will VAT rise affect company cars?
If you read nothing else, read this...Accept leasing, purchase, servicing, maintenance, fuel and insurance costs - whether reclaimable or not - will rise as value-added tax (VAT) is going up.Employers should audit their fleet funding and acquisition model now so they do not get caught out in January.Do not necessarily ...
-
Article
Cable and Wireless Worldwide signals salary sacrifice car scheme
Cable and Wireless Worldwide has launched an environmentally friendly salary sacrifice car scheme for its 5,500 UK-based employees.Since the plan was launched at the beginning of August, 1,000 staff have registered to take part. Through the plan, drivers can choose from a range of low-emission brands such as BMW, Mini, ...
-
Article
Employers increasingly recognise value of company cars
More employers are recognising the importance of company cars and giving drivers more choice.The latest Company Car Trends Survey by GE Capital Fleet Services revealed nearly half (42%) of fleet managers recognise the importance of company cars as a key recruitment and retention tool, compared to just one in three ...
-
Article
Magnet renews its fleet contract
Kitchen retailer Magnet has renewed its 650-vehicle hire contract with the Leasedrive Velo Group for a further four years.The contract covers its company cars and 40 user-chooser drivers.Lisa Wright, HR director at Magnet, said: "Leasedrive Velo has always provided excellent service levels, pro-active management and continually strives to deliver a ...
-
Article
ACFO survey: fleets have little interest in salary sacrifice
Although salary sacrifice schemes are being promoted by vehicle providers as the new employee benefit for 2010 and beyond, a survey by ACFO, the fleet operators’ organisation, has revealed interest levels are lower than marketplace comments would suggest.The accelerating arrival from vehicle manufacturers of low-emission cars twinned with attractive corporate ...
-
Article
IASB aims to improve financial reporting on vehicle leasing
The International Accounting Standards Board (IASB) and the US Financial Accounting Standards Board (FASB) have published joint proposals to improve the financial reporting on vehicle leasing contracts.The aim of the proposals is to provide a consistent approach to lease accounting for both the lessees and lessors, bringing all leased assets ...
-
Article
Airbus staff take up salary sacrifice car scheme
Airbus has achieved a 4.5% take-up among eligible employees for its salary sacrifice car scheme since it was launched in July.Employees can pay for perk cars out of their gross salary, saving on tax and national insurance (NI) on the lease price. On average, staff can save £70 to £80 ...
-
Article
Small fleets neglect duty of care and driver training
Small fleet operators fail to recognise the importance of duty of care and offering driver training..According to the Company Car Trends report by GE Capital Fleet Services, just over three in five (63%) small fleet operators see the significance of duty of care, compared to three-quarters (76%) of larger fleets.The ...
-
Article
Doosan Power Systems launches salary sacrifice scheme for company cars
Doosan Power Systems has launched a salary sacrifice fleet scheme for 2,500 employees as a voluntary benefit.The power utilities firm previously had a company car scheme in place but has added the salary sacrifice element to encourage low-cost car ownership through low CO2 vehicles.Launched this month through Zenith Provecta, the ...
-
Article
PwC research: One fifth of employers intend to reduce fleet choice
One fifth of organisations intend to reduce the choice of car available to employees, according to PricewaterhouseCoopers’ (PwC) Company Car UK report.While the number of organisations offering a car benefit has remained fairly static over the last five years, increasing limits are being placed on vehicle choice and replacement timeframes.Restrictions ...
-
Article
Rugby Football Union converts fleet package
The Rugby Football Union (RFU) has consolidated its fleet provision and entered into a four-year fleet management contract with one provider as part of a drive to cut costs.The new arrangement, which is provided by fleet management firm Masterlease, will see all aspects of the organisation's 167-strong fleet offered by ...
-
Article
One in five fleets fail to recheck driving licences
One in five company car fleets fail to regularly recheck driving licences according to research conducted by by CFC Solutions.Around a fifth of organisations using the firm's licence link software do not have any plans to check if the status of their drivers have changed by gaining more driver penalty ...
-
Article
McCarthy and Stone Group appoints new fleet supplier
McCarthy and Stone Group, the retirement property builder, has appointed Alphabet to supply vehicles and accident management for its 200 strong car fleet.As part of its health and safety compliance procedures, McCarthy and Stone will use Alphabet’s driver licence checking service for all drivers and authorised users of company vehicles.The ...
-
Article
Cars remain powerful attraction and retention tool for multinational employers
Car benefits remain an important component of employee pay packages for multinational employers, according to a new study from Mercer.Its International Car Policies report found that prevalence of company cars, purchase price, annual allowance paid in lieu of a car or to subsidise car-related expenses, eligibility and frequency of additional ...
-
Article
Heinz to bring in fuel cards and mileage tracking
Heinz UK and Ireland is to introduce fuel cards and a mileage tracking system for its 500 drivers inan effort to increase the accuracy of claims for fuel reimbursement.The food manufacturer is trialling the system and will roll it out to all drivers during the summer. The system is linked ...
-
Article
Company cars drive rise in new car registrations
New car registrations were up 10.8% in June after an increase in company car sales boosted the UK car marketDespite fears that the industry would be hit by the end of the government's scrappage scheme, a a 25.3% rise in the fleet market helped to sustain growth and new car ...