News – Page 21
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Northumbrian Water introduces salary sacrifice car scheme
Northumbrian Water has introduced a contract hire scheme and salary sacrifice arrangement for its company cars.The water and waste company, which has a fleet of 350 company cars, previously operated an employee car ownership scheme.Its salary sacrifice scheme forms part of the company's flexible benefits plan, which is available to ...
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One in four finance directors intend to offload company cars
One in four finance directors intend to offload company-owned vehicles in a bid to raise more cash.This is according to a survey carried out for Lex Autolease by YouGov following an annual audit by the firm, which highlights the growth funds being raised through sale and leaseback agreements.The Lex Autolease/YouGov ...
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Toyota recall affects company cars
Fleet providers are bracing themselves for a recall of some Toyota models amid concerns that almost 200,000 cars in the UK may have sticking brake pedals.But providers claim that disruption to customers will be minimal, with drivers able to have their cars back on the road “the same day” in ...
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Dairy Crest appoints Lex Autolease as sole fleet supplier
Dairy Crest has appointed Lex Autolease as its sole fleet supplier in a three-year £35m deal.†Through the deal, the chilled dairy foods company will be supplied with a minimum total of 1,500 vehicles, including a 500-strong car fleet made up of Audis, BMWs, Hondas and Volkswagens.The new vehicles will be ...
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Comet launches new affinity company car scheme
Comet Group has launched a new affinity car scheme to boost its benefits offering and support management of its grey fleet.The scheme, introduced by the electrical retailer last month, is open to all 10,000 staff and managers across the retail, home delivery, services and corporate areas.The arrangement is aimed at ...
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GlaxoSmithKline appoints new fleet provider
Pharmaceutical giant GlaxoSmithKline (GSK) has awarded Zenith Provecta the contract to manage the fleet of 1,200 vehicles under its Employee Car Ownership scheme (ECOS).The contract includes maintenance, motor insurance, breakdown recovery, accident management, short-term hire and insurance that covers the difference between the actual cash value of the leased vehicle ...
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North Yorkshire County Council to launch salary sacrifice car scheme
North Yorkshire County Council is to launch a salary sacrifice car scheme which will be made available to around 30,000 employees. The four-year scheme, which is due to go live in April, will be part of the council's flexible benefits package and covers cars with carbon emissions of less than ...
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Marriott Hotels signs fleet management contract with ING Car Lease
Leisure business Marriott Hotels has signed an exclusive fleet management contract with ING Car Lease.Marriott has appointed the leasing firm to handle its contract hire, risk management, accident management and rental needs.Marriott, which operates nearly 60 hotels in the UK and Ireland, runs a fleet of about 220 cars, with ...
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Fair Care joins forces with NCP to offer a salary sacrifice car parking scheme
Benefits provider Fair Care has joined forces with parking firm NCP to offer a salary sacrifice car parking scheme.The Smart Parking Scheme will enable staff to save up to 50% on their regular parking costs. The standalone product is administered by Fair Care.Staff are issued with an NCP Space card ...
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Pre-Budget report: Government backs greener fleets
Chancellor Alistair Darling has announced plans to increase the number of electric cars on the streets by exempting them from company car tax for five years.In his pre-Budget report, he also announced a 100% first year capital allowance for electric vans.Darling said the plans were a key component of the ...
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HMRC announces revised advisory fuel rates
HM Revenue and Customs (HMRC) has revised advisory fuel rates for all journeys on or after 1 December.For the first time, the revised rates will take effect immediately after the month's notice previously given for the change was withdrawn. Employers making or collecting payments at the superseded rate because they ...
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Acco seeks European unity for company car scheme
Office supplies firm Acco is to standardise its company car policy across Europe to streamline the benefit and improve its green credentials.Each of the 15 European countries in which it operates, including France, Germany, Italy and several in eastern Europe, previously ran its own scheme, often with several providers and ...
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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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Trader Media Group outsources fleet management
Trader Media Group (TMG) has outsourced the management of its 250 vehicle fleet and 169 cash allowance drivers to Zenith Provecta.The outsourced fleet management service will include contract hire, maintenance, accident management, risk management and daily rental. TMG has also extended the vehicle choice.Staff will have access to a bespoke ...
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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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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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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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More than half of business drivers support hands free driving
More than half (59%) of business drivers are supportive of a new system that would cut fuel consumption and allow them to travel down the motorway hands free on auto-pilot, according to research conducted by Lex Autolease.The Road Train system, aimed at drivers who cover long distances for work, would ...
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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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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 ...