Tourick publishes whole life cost book
Management consultant Colin Tourick is to publish a book titled Whole Life Costs: a guide for fleet professionals, from 2 January 2015.
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The book was written in association with automotive systems and data supplier KeeResources.
Written for fleet professionals, Whole Life Costs looks at the difference between whole life costs and total cost of ownership, as well as at how costs change when different financial products are chosen and the effect of taxation.
Tourick said: "The original idea for this book came from a conversation with a group of fleet managers who were discussing cost reduction. One said "We keep costs low by focussing on whole life costs" and the others nodded sagely. Then another said "We moved beyond that ages ago and now focus on the total cost of ownership".
One brave soul then said "What’s the difference?" which kicked off a conversation that ended up demonstrating that they all had completely different definitions of whole life cost and total cost of ownership. They all felt their idea was correct and the conversation quickly descended into confusion.
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By GlobalDataThe book will cost £40.
EU funded project of emissions advice to public sector
The EU funded Clean Fleets project has published a life-cycle cost tool and a guide on procuring clean and efficient road vehicles.
The procurement guide was designed to assist public transport operators to purchase clean and energy efficient vehicles in full compliance with the European Clean Vehicles Directive (CVD)4, which requires that environmental impacts linked to the operation over the lifetime of vehicles are taken into account in public procurement purchase decisions.
The life-cycle tool, which requires Windows Excel, takes into account acquisition, operating and maintenance costs, as well as taxes and the cost of emissions over the vehicles life time to find the total life cost of a fleet vehicle.
Dean Hedger, head of public sector at Alphabet, said: "The launch of the new publications can only help to both improve understanding and encourage adoption of energy efficient vehicles.
"Sustainability is now a top priority for many companies, so it’s important that the industry makes it as easy as possible for fleet managers to fully assess and understand the energy efficiency impact and costs when procuring any new vehicles. Giving fleet managers further insight on how to calculate energy usage and monthly costs, enables them make an informed decision about their vehicle choice."
The Clean Fleets project is due to run until the end of September 2015.
IFC Fleet Services acquires Spectrum
IFC Fleet Services has acquired Cambridge based fleet management services provider Spectrum Car Scheme Management, increasing its fleet size by approximately 20%.
As part of the acquisition ‘key’ Spectrum staff and services will now operate out of IFC’s head office in Ampthill, Bedfordshire.
Paul Talbot, IFC managing director, said: "The acquisition of Spectrum will help us take the business to another level and spread our risk across an enlarged group. This is a company we have known for many years and it has been on the radar as an acquisition target for some time now.
Chevin signs with US company
Chevin Fleet Solutions has agreed to provide its web based fleet management software FleetWave to US company Central Hudson Gas & Electric.
Hudson has a 900 strong fleet across the regions it operates in, and as part of the agreement the utilities provider will integrate their enterprise financial platform and fuel management platforms into FleetWave.
Ron Katz, senior vice president of North American Sales, said: "We are really excited to work with Central Hudson Gas & Electric.
Over the last few years, we’ve dramatically expanded our client base in the utility sector in the US and look forward to working with the Central Hudson team to support their immediate and ongoing needs."
ALD Automotive partners with French banking group
ALD Automotive, the fleet arm of Societe Generale, has partnered with French banking group Boursorama to offer customers discounts.
The partnership has arisen to complement Bouroshop, a private e-boutique from the bank, which offers customers the chance to purchase cars online.
As part of the partnership, Boursorama customers will be offered discounts of up to 1000 per vehicle, 12 months on the constructeur1 network when choosing ALD vehicles.
