With businesses struggling to keep afloat, the last thing they need is increasing fleet costs due to increases in contract hire and funding. Therefore businesses will have to rethink their company car choice lists if they are to avoid paying more for their vehicles
As a result of rethinking the vehicle choices to be made available, downsizing or downgrading may just be the option selected but communicating to all company car drivers is vital to avoid decreasing levels of staff retention.
Some may argue though that employees are more concerned in this poor climate about job prospects rather than car choice, so maybe this is the ideal time for Fleet Managers to take a more pragmatic view - looking at introducing car choice lists that cut costs and reduce the carbon footprint at the same time, thus creating financial and environmental benefits!
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