report has found that fleets’ car choices are increasingly
influenced by the rising cost of fuel.
“When asked what factors were likely to affect their fleet
policy in the next 12 months, 96.9 per cent of respondents
mentioned fuel prices, up 11.2 per cent year on year,” GE Fleet
revealed. In all, 94.1 per cent of respondents consider fuel
economy when constructing fleet policy, a 7.2 per cent annual
rise.
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However, fuel card use is falling, down 9.6 per cent year on
year to 41.2 per cent of respondents, even though a fuel card is a
powerful tool for fleet managers that wish to monitor and control
fuel use.
Managing director of GE Fleet, Rich Green said: “Fuel prices are
rising rapidly and there is every indication that they will
continue to do so. It is fair to say that they have now reached a
level where many employers believe that fuel costs need to be
managed on a day-to-day basis through some control over vehicle
use.
“Any management action that brings about lower fuel usage will
also have a benefit when it comes to your carbon footprint. Why
fuel cards appear to be in long term decline is more than a little
mystifying.”
Motor Finance Issue: 43 – May 08
by Jo Tacon ,
Published for the web: May 27 08 10:18
Last Updated: May 27 08 10:28
US Tariffs are shifting - will you react or anticipate?
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