VED change will have little fleet impact VED change will have little fleet impact HM Treasurys new banding system for vehicle excise duty (VED) is not expected to raise significantly the operating costs for existing company fleets Under the 200910 VED schedule, owners of cars emitting CO2 levels of 226g and above registered as far back as March 2001 are liable to pay up to £415 in VED, when it was at first believed that such cars registered between March 2001 and March 2006 were exempt from the higher charges
A study by consultants Watson Wyatt has found that 28 per cent of employers provide a cash allowance nstead of a car; double that of four years ago and more than the proportion (23 per cent) who offer company cars without a cash alternative.
CBC names three lessors for £20m contract Kent County Council, representing the Central Buying Consortium (CBC), has awarded three fleet hire companies a contract worth £20m to supply vehicles to 12 public sector bodies.
Used car sales dip 3 per cent in Q3 2007 Sales of used cars fell 3 per cent in the third quarter of 2007 with younger cars suffering the biggest fall, according to latest statistics from data company Experian
Uproar over new C-Charge plans for London Industry groups have expressed their disappointment with the new Greater London congestion charging scheme although several manufacturers have been quick to tout their models that fall within the charge-free band.
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GMAC reports $724m Q4 loss Finance company GMAC reported a $724m (£371m) fourth-quarter loss February 5, as housing and capital market disruptions led to more losses at its home lending unit, Residential Capital LLC (ResCap)