IT comes as little surprise to the Digest that the results of a new survey reveal that cash for car schemes are falling out of favour. Ever since cash alternatives to the company car first started to be discussed in detail – perhaps with the advent of the so-called Whitechapel scheme in the mid-1990s – the value of them has been questionable. That is not just the financial cost to both employees and employers but also the cost of administration from the company viewpoint.Continue reading
DRIVERS are starting to see fuel prices tumble as supermarkets start a price war and the price of crude oil drops as a result of the release of extra reserves from emergency supplies stocked by the International Energy Agency.Continue reading
ONE in four drivers (24%) are sceptical about the claimed low running costs of hybrid and electric vehicles, according to a survey by the UK’s largest company car provider.Lex Autolease’s poll of company car drivers coincides with the arrival of its first pure electric vehicle – the Nissan Leaf – which runs entirely off battery power.Continue reading
A NEW survey has revealed how low the current penetration of electric and hybrid cars and vans is within small-medium UK company fleets.Research released by MIB Data Solutions, which produces the Fleet Data and Fleet Entire industry databases, found that just seven out of 1,000 fleets (0.7%) questioned were operating any electric vehicles.Continue reading
SAAB continues to face a perilous future as it battles to finalise deals with Chinese investors to generate much-needed funds.
Vehicle production at the manufacturer’s plants as been stop-go for several weeks – it is currently in a stop phase – and now it has emerged that the company does not have enough money to pay staff.Continue reading
DRIVERS are to be told officially for the first time comprehensive information about speed cameras by local authorities and the police, Road Safety Minister Mike Penning has revealed.Figures showing the numbers of accidents and casualties at camera sites – both before and after cameras were installed – will be published by local authorities.Continue reading
MORE than two-thirds of cars in the UK have under-inflated tyres costing motorists almost £1 billion a year in extra fuel, according to new research by fast-fit giant Kwik-Fit.Based on checks on more than 2,700 tyres across the UK in May, Kwik-Fit calculates that 69% of cars are being driven with under-inflated tyres, at least 3 psi under the manufacturer’s recommendation with just 4% of motorists travelling on all four tyres pumped up to the recommended pressure.Continue reading
VOLVO says that its newly enhanced D5 range has tipped the scales rebalancing environmental and performance factors despite larger engine sizes.
Sometimes a higher performing and inevitably bigger engine is what’s required from a company car which would usually compromise environmental concerns as well as attracting higher fuel costs and tax liability, says the manufacturer.Continue reading