All Company cars articles – Page 32
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Article
Company car drivers seek employers help to reduce fuel bills
Company car drivers want their employers assistance in reducing their fuel bill, according to research by fleet funding and management firm Lex Autolease.The survey of 3,000 UK company car drivers, undertaken to identify attitudes to fuel consumption, found that almost all (95%) of drivers surveyed want to reduce their fuel ...
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Article
Thomas Cook appoints fleet management firm
Thomas Cook UK has signed a four-year sole supplier agreement with Lex Autolease to manage its fleet of vehicles across UK and Ireland.Services provided by Lex Autolease will include Minilease, a solution which offers low rates and convenient monthly billing, without any long-term commitments, and the Lex Autolease interactive online ...
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Article
ING Car Lease launches environmental analysis tool
Leasing firm ING Car Lease has launched a new online analysis tool that allows companies to access data on the environmental performance of their fleet at the click of a mouse.GreenCare is being rolled out to all ING Car Lease customers as part of its ongoing fleet consultancy service. It ...
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Article
Alphabet warns drivers about unfair wear and tear charges
Fleet funding firm Alphabet has launched a new guide to put company car drivers in the picture about unfair wear and tear charges.According to Alphabet the search for cost reductions is leading more fleets to impose fines or recharges on drivers if their cars incur de-hire charges. Industry average de-hire ...
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Analysis
Using driver to improve fleet efficiency
Driver training can make company car users safer and save their employers money, says Nic PatonAccording to statistics published by the Department of Transport, almost one in three UK road accidents involves a company vehicle, while 200 deaths or serious injuries a week involve someone driving for work.In January this ...
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Case Studies
Case Study: Deloitte
Case Study: Salary sacrifice savings add up for DeloitteBack in February, accountancy and business advisory firm Deloitte introduced a salary sacrifice-based company car scheme for its 12,000 UK employees.Since then, about half that number have registered for a quote and 400 confirmed orders have been taken. Mike Moore, director of ...
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Analysis
How to run a company car fleet tax-efficiently
Recent tax legislation has opened up new potential savings for company car fleets, says Nic PatonCase study: DeloitteIt may well be, to quote Benjamin Franklin, that nothing is certain in life except death and taxes. But for company car fleet managers at least, recent legislation means that, with careful planning ...
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Analysis
The most environmentally-friendly models of company car
Manufacturers are working overtime to increase the range of green cars available, says Ashley MartinCompany fleets are increasing the use of green cars, with business travel proving the most welcoming arena for take-up of new, more efficient models and alternative technologies.Many manufacturers are racing to bring out new low-emission petrol ...
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Article
New business fuel card launched
Employers can save money on petrol bills with the launch of a new business fuel card exclusively for use at supermarket forecourts.Accepted at around 1,000 Morrisons and Tesco stores, the fuelGenie card held by company car drivers can be used at participating supermarket fuel forecourts in much the same way ...
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Article
Driver negligence is increasing fleet costs
Driver negligence around maintenance and repair bills is hitting UK employers in the pocket, according to research by Lex Autolease.Company car misfuelling, windscreen damage, illegal tyres and vehicle downtime are the major cost burdens revealed by the study, which highlights the need for firms to work harder to tackle unnecessary ...
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Analysis
Keep mileage claims under control
Making sure employees' mileage claims are accurate can keep employers' fuel costs under control, says Nic PatonIf you read nothing else, read this...Mileage capture schemes can reduce fraudulent claims and help with HM Revenue and Customs compliance.Recognise that not all mistakes will be down to fraud.Employers should spend time communicating ...
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Article
Lloyds TSB Autolease launches tool to check on mileage
Lloyds TSB Autolease has launched a mileage capture tool to help employers offering an employee car ownership scheme control fuel, maintenance and taxation costs. Mileage Logger gives drivers remote access to an online portal where they can record their business mileage, fuel costs and details such as whether they shared ...
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Article
Molson Coors Brewing Company aims to increase driver safety
Molson Coors Brewing Company is issuing Permits to Drive to more than 1,000 drivers across the company to ensure maximum occupational road risk management compliance.The UK's second largest brewer has teamed up with Fleet Supports Group and will use the latter's web-enabled RiskMaster programme to issue to permits.The company’s 900 ...
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Article
Freshfields Bruckhaus Deringer adds salary sacrifice car arrangement to flexible benefits
Law firm Freshfields Bruckhaus Deringer has added a salary sacrifice arrangement around cars to its flexible benefits plan to enable more of its 1,800 staff to have access to a company car.Through the salary sacrifice car scheme, provided by Tusker, staff can save up to 40% on income tax and ...
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Analysis
Cutting fleet costs while matching employee needs
Employers are looking at various ways to cut car costs during the recession, including mixing fleet funding methods to better match arrangements to individual employees' need, says Nicola SullivanIf you read nothing else, read this...- Employers that adopt a mixed-fleet approach, rather than a one-size-fits-all method, may be able to ...
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Article
Cars most at risk from cuts
Cost-cutting remains high on many employers' agendas, with one in four financial decision-makers prepared to cut all types of employee benefits.According to the Employee Rewards survey published by Lloyds TSB Autolease, just under a quarter (23%) of the 200 financial decision-makers questioned said they would not offer any form of ...
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Analysis
Benefits surgery: Company cars and salary sacrifice
We are considering implementing a salary sacrifice arrangement for our company cars. How would this work?We are seeing a significant amount of interest in salary sacrifice arrangements for cars. The interest may come from the view that there is a possibility of introducing this benefit at no cost to the ...
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Article
Four out of ten fleet managers believe drivers are against safety training
Four out of ten fleet managers believe their drivers would not be willing to take part in safety training.The findings, from the Arval-backed Corporate Vehicle Observatory (CVO), demonstrate that significant numbers of business drivers are resisting the opportunity to mitigate their road risk.The research found that 11% of respondents felt ...
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Article
Impact of tax changes on company car fleet costs
As the residual value of cars has fallen, contract hire schemes seemed like the best bet, but recent tax changes may have a bigger impact on fleet costs within an organisation, says Victoria FurnessIf you read nothing else, read this...A car's residual value is the amount it is worth at ...
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Article
Cutting vehicle fleet costs
Extending the period or mileage of a fleet contract might seem a sensible cost-efficient measure, but increased maintenance and other factors could outweigh any savings, says Nic PatonIn March, telecoms giant Vodafone told its 10,000 UK employees that, along with scrapping pay rises and ditching bonuses this year, anyone driving ...