Fleets are paying out more money for fashion-led bigger wheels and tyres than a few years ago. The percentage of company cars being fitted with 18 inch-plus tyres has increased by a third in three years, new data released by epyx shows. In the first quarter of 2021, 42% of cars fitted with tyres through the business’s TyreServe service were 18 inches or … [Read more...]
BEVs are trickling along
Battery EVs continued their best ever start to the year, as sales in the first 5 months of 2024 rose 10% on the same time last year, whilst the market share of BEVs in new car sales reached 17.9%. Total car sales were up just under 2.2% in May 2024 on May 2023 levels, but pure petrol and diesel sales cratered over the same period, falling from 55% to 45% … [Read more...]
British drivers paying most in Europe for diesel
The UK now has the dubious honour of having the most expensive diesel in Europe despite the current 5p-a-litre fuel duty discount introduced in March 2022, new data from the RAC reveals. The average price of diesel at UK pumps is currently 155p which makes it 5p more expensive than both Ireland and Belgium on 150p, based on the latest European data … [Read more...]
Fleets launch Tax and Regulation Manifesto
A revised Tax and Regulation Manifesto has been launched by the Association of Fleet Professionals ahead of the General Election on 4 July. The first edition of the document was created in 2021 and revised early last year. This latest version has grown to 24 points from the original 13, something that underlines the growing number of issues that fleets are … [Read more...]
Hot EVs shock for fleet costs
A new generation of “rapid” electric vehicles is creating potential business risk management and cost issues, warns FleetCheck. Peter Golding, managing director, pointed to emerging hot hatch EVs such as the 642bhp Hyundai Ioniq 5N (above) and 435ps MG4 XPower (below), both of which cover 0-60mph in around 3.5 seconds. “Just a few years ago, performance of … [Read more...]
Fleets more willing to look at new brands
More than seven out of 10 fleets (71%) are open to adding manufacturers which are new to the UK to their choice lists, research shows. One in four (25%) of those surveyed say they are already offering these new market entrants to their drivers, while almost as many (23%) are considering doing the same. Also, a further 21% would be willing to operate … [Read more...]
Public charging prices slowing EV drive
The cost of highway charging is pricing some fleets out of electric vehicle adoption, says the Association of Fleet Professionals’. AFP chair Paul Hollick explained that for fleets whose drivers don’t have access to home or depot charging, the price of power made running costs sometimes unsustainable. “We’re looking at a situation where using a public … [Read more...]
Tradelines 15 May
Kia has sold its 1.5 millionth car in the UK this April, amid a record-breaking month for the brand. The landmark 1.5 millionth sale was a Kia EV6 ‘GT-Line S’ in Yacht Blue, sold at 9:35am on Tuesday 16 April at Norton Way GWR Kia in Brentford, London., some 33 years after Kia made its UK debut with the Pride. Average fleet parts prices have risen by more … [Read more...]
Pure EVs charging with fleets but not private buyers
Battery electric vehicles recorded their best start to the year, with more than 100,000 BEVs sold in the UK already in 2024 – the earliest in the year this milestone has been achieved. According to the latest Electric Car Count from New AutoMotive, sales rose more than 10% on April 2023 – with upmarket manufacturers BMW, Audi and Mercedes performing … [Read more...]
Government rejection of EV plans disappoints
There’s mounting concern at the Government’s reaction to a House of Lord’s Committee study into electric vehicles. Baroness Parminter, Chair of the inquiry said, “Whilst we welcome the Government’s acceptance of some of the recommendations in our report, it is particularly disappointing that it is not committing to incentivising the purchase of more EVs, … [Read more...]
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