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EV rate cut in HMRC’s December 2023 AFRs
Published
2nd Dec 2023
The Advisory Electric Rate (AER) - having been upped by a penny per mile last quarter - has been cut back by 1p to 9p per mile.
The HMRC’s latest Advisory Fuel Rates (AFRs) have now been published and while diesel company car drivers will welcome the increases across all engine bands, the news for drivers of electric vehicles (EVs) is less welco ...
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Six out of 10 companies have no grey fleet policies - what should your business do?
Published
29th Nov 2023
New research has revealed that there is no “grey fleet” policy in place for more than six out of 10 UK companies. The 2023 Arval Observatory Barometer, a yearly state of fleet report carried out by one of our funding panel, shows that 62% of firms have no policy covering business use of employee-owned vehicles.
The survey also shows that just ...
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Chinese brand Omoda to launch in UK
Published
28th Nov 2023
It’s rare that an unheard of manufacturer announces its entry into the UK, but that’s what’s happening with the launch of Omoda into this market. The brand, which is part of Chinese automotive giant Chery Automotive, will arrive in the UK next spring with its 5 SUV.
Similar in size to the likes of Hyundai’s Kona and the Ford Puma, the 5 wi ...
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Kia EV6 named News UK Company Car of the Year
Published
21st Nov 2023
Kia’s EV6 GT has been awarded Company Car of the Year at the News UK Motor Awards 2023. The flagship electric grand tourer was picked as the best company car on the market by motoring journalists from News UK’s titles The Sun, The Sunday Times, Driving.co.uk, and Times Luxx magazine.
Judges recognised the Kia EV6 GT’s ‘blend of high perfor ...
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The Best Company Cars to Lease: Electric or Diesel?
Published
5th Nov 2023
Leasing a car, or fleet of cars, for business purposes is a popular option as it saves a company having to fork out a vast sum to purchase the vehicles up front. It also means your employees can benefit from newer vehicles with lower maintenance costs while reaping tax cuts and keeping the job of mobilising your workforce easy.
When you’re consi ...
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Aftermarket issues hitting fleets
Published
19th Sep 2023
Reports from industry bodies are showing that issues of vehicle supply that have long been holding back the fleet sector are now easing. It's not all good news however since problems with getting hold of vehicles has been replaced by a lack of parts and increasing SMR (service, maintenance, and repair) costs.
According to new research from the BVR ...
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