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Daily Archives: June 27, 2012

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UK traffic congestion falls as economy suffers

Posted on June 27, 2012 by chrisad

THE UK is Europe’s fourth worst country for traffic congestion with Manchester ranked fifth and London eighth amongst the top 10 cities for suffering the worst traffic jams, but the length of delays is falling, according to INRIX, the international provider of traffic information and intelligent driver services.   Its … Continue reading →

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Diesel values retain price premium but petrol holds its value better

Posted on June 27, 2012 by chrisad

VOLUME diesel cars continue to enjoy a substantial average price premium over petrol in the wholesale market, but their retained value is actually lower over a 40-month cycle, according to new data from BCA.   The auction giant says that the data should provide food for thought for the industry … Continue reading →

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Auction prices for ex-fleet cars fall

Posted on June 27, 2012 by chrisad

AUCTION prices for ex-fleet cars fell 2% last month and further erosion is expected over the coming weeks, according to the latest monthly market report from the National Association of Motor Auctions (NAMA).   The report shows that during May the average values of used cars sold at auction across … Continue reading →

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Personal data left on defleeted cars prompts security concern

Posted on June 27, 2012 by chrisad

DRIVERS leaving personal information on their company car’s hard drive at the end of its fleet life is a major issue and has prompted the Vehicle Remarketing Association (VRA) to compile a four-point plan and issue a best practice guide to members.   Drivers are ultimately responsible for erasing personal … Continue reading →

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Small businesses can improve their fleet practises

Posted on June 27, 2012 by chrisad

SMALL businesses continue to lag behind larger companies in utilising best practice to manage company vehicles which could be costing them money at a time when they can ill afford it, according to new research.   Across a number of key areas of fleet management, larger companies (100+ employees) are … Continue reading →

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Major firms take holistic approach to future mobility

Posted on June 27, 2012 by chrisad

LARGE businesses in the UK are taking a forward facing approach to business travel which includes a holistic approach to mobility and the introduction of new vehicle technologies, including electric, according to independent research from the Corporate Vehicle Observatory (CVO) Barometer.   As a result, the role of the mobility … Continue reading →

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Fleets coming under increased cost pressure, says new research

Posted on June 27, 2012 by chrisad

MOST UK fleet professionals expect cost pressures to increase this year, but while the pressure on company fleet budgets is expected to increase so too is the size of their vehicle operation, according to the independent research from the Corporate Vehicle Observatory (CVO) Barometer.   The annual fleet barometer, supported … Continue reading →

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Tough economic conditions make a ‘compelling case’ for contract hire

Posted on June 27, 2012 by chrisad

THE majority of UK fleet professionals expect vehicle resale values to fall this year while at the same time the take-up of operational leasing – more commonly known as contract hire – is expected to grow, according to new research.   Increased certainty and a reduction in fleet risk exposure … Continue reading →

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