All Company cars articles – Page 47
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Analysis
Research update - Make allowances for the uninsured
Thousands of drivers that opt for a cash allowance are driving without the correct insurance. Fleet management provider Arval highlights that one-in-ten drivers that take a cash allowance fail to declare that their company car is to be used for business purposes. By looking for the cheapest insurance deals, many ...
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Article
Newsagent to outsource fleet
Newsagents group TM Retail has outsourced the management of its company car to fleet provider Leasedrive. The firm, which trades under the Furbuoys and Dillon high street brands, is using the deal to monitor the maintenance and tyre spend of its 450-large fleet.
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Article
News update - Roman opts for German chariots
Shower manufacturer Roman has rewarded the good performance of retail managers with a new fleet of VW Passat cars.The County Durham-based company has signed a three-year contract hire deal, including full maintenance, with DaimlerChrysler Services Fleet Management. It is the first time Roman has opted for contract hire, having previously ...
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Article
Environmentally friendly cars
Ministers go green as Labour gets hybridsThe Story: The Government is adding hybrid vehicles to its ministerial company car fleet in a bid to meet its own CO2 emissions targets.Ministers are being encouraged to swap existing Rover or Jaguar models for the petrol-electric Toyota Prius.The Government Car Service, which runs ...
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Article
Drop in staff taking company cars
The number of employees that took a company car in the last tax year has dropped. According to statistics from HM Revenue & Customs, 1.3m drivers chose a car last year, compared with 1.37m the previous year. The numbers taking fuel as a taxable benefit has also fallen.For more on ...
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Analysis
Feature - Environmental benefits
With environmental sustainability such a hot issue in the shadow of the next G8 summit, Jamin Robertson finds employers investing in green benefits developing a sought after image as an employer of choiceCase Study: KPMG (UK)Article in fullEnvironmental sustainability is a burning issue. Transport now contributes 30% of Europe's CO2 ...
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Article
Fleet safety takes back seat as cash becomes king
An alarming number of organisations are unaware of the risks of shedding company cars, according to a report by fleet provider Alphabet.Its Cars, cash, care and control report shows that over 300,000 business drivers have moved out of company cars since 2001 in favour of cash allowance arrangements.As a result, ...
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Analysis
Feature - European Directive alters fuel funding
European directives on VAT claims on fuel are to be introduced in the UK. That will drive a switch to fuel and corporate credit cards, says Peter WhiteIf you read nothing else, read this ...The European Court of Justice has made a ruling on how organisations can reclaim the VAT ...
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Article
Rivals force Fortis to action
Fortis Bank has introduced an all employee car ownership plan (Aecop) after new staff that had experienced such deals at competitors demanded similar offers.Jeanette Heydn, HR director at the financial services firm, said: "For people who want to be driving a relatively new car, it's a perfect solution if you ...
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Article
Product news - Get-you-home guarantee offered
Lloyds TSB Autolease has introduced a get-you-home guarantee to employers to ensure minimal disruption caused by company car breakdowns and accidents.The fleet management provider is to provide a free replacement vehicle for 48 hours if breakdown service RAC is unable to repair the car on-site. Temporary vehicles are provided through ...
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Article
Over three-fifths plan fleet review
Some 61% of employers plan to review fleet funding methods this year, while 40% believe the 3% tax change on diesel cars will result in a drop in demand. Research by ALD Automotive shows that a proposal to ban drivers from using speed detection devices is opposed by 76% of ...
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Article
Miele reduces fleet insurance costs
Kitchen and appliance manufacturer Miele has seen a 20% reduction in accident rates following the introduction of a driver training programme. The scheme involves around 50 staff and has reduced the company's insurance premiums by £20,000. Miele, which operates over 70 company cars in the UK, has brought in one-day ...
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Analysis
Cutting insurance premium costs
Jenny Keefe says by introducing higher than minimum standards and initiatives like employee-paid excess costs and flex schemes employers can save on insurance premium costsCase Study: FDS GroupArticle in fullTo borrow from Woody Allen: "There are worse things in life than death. Have you ever spent an evening with an ...
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Analysis
The safest company cars
Jenny Keefe reviews the best-rated cars on the market for safety, and also uncovers a few shortcomings in safety testsIf you read nothing else, read this ...Corporate manslaughter is leading fleet safety.The Euro New Car Assessment programme (NCAP) crash tests has become a strong benchmark of safety excellence.However, the NCAP ...
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Analysis
Procuring company cars internationally
Factors concerning the cross-border specifications of vehicle models and differing taxation regimes make international fleet procurement an art form, says Victoria FurnessIf you read nothing else, read this ...Do not expect to produce instant savings because procuring cars is not like buying other commodity goods.Do your research thoroughly and cover ...
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Article
Few employers check company car drivers' licences
Only 21% of organisations check company car drivers' licences on an annual basis, according to Bank of Scotland's Company car driver report 2005 survey.And more than one-third (37%) have never checked the licences of staff.The research by the fleet management provider also shows that 51% of company car drivers are ...
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Article
Barclays launches all-employee car ownership plan
Barclays has introduced an all-employee car ownership plan that undercuts high street vehicle prices.Head of benefits Catherine Redmond said the scheme was proving popular: “[It’s] generating huge interest. The deals we’re getting are definitely better than you can get on the street. It’s for everyone, we’re actually making it available ...
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Analysis
100th issue supplement - The comeback of company cars
Eco-taxation has forced firms to shift down a gear with the company car perk and offer alternatives. But Nicola Smith says fleet cars are on the rise againAt a glanceIn 1998, 65 per cent said they viewed the company car as an essential recruitment and retention tool. In 2005 this ...
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Article
Neopost uses text IT to help run fleet
Mailroom equipment supplier Neopost plans to take advantage of text message technology to run its company car scheme. The company has outsourced the running of its 230 company cars to fleet provider Leasedrive to fulfil its duty of care obligations. It will use automated text messages and an online system ...
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Article
Northcliffe Newspapers trains drivers
Northcliffe Newspapers has brought in a new driver training scheme to tackle rising accident costs. All company car drivers will take an online risk assessment. Risk will be calculated using factors such as age and business miles driven, and those deemed to be most exposed will take part in safety ...