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Fuel expense and running costs big concerns for fleet managers

Date: 08/07/2013 13:48:20
Category: Fuel Efficiency
Author: David Howells

Fleet running costs look set to continue dominating the business agenda over the coming year, fleetnews.co.uk reports.

According to the latest quarterly 'Company Car Trends' report from GE Capital, running costs, safety and fuel efficiency will remain the biggest consideration for fleet managers over the coming 12 months.

The results were gleaned from a survey in which fleet managers were presented with a list of challenges, before ranking them in order of which will affect them most during the year ahead.

Overall running costs came out as the biggest consideration, followed by fleet safety and risk management in second. Then came fuel costs, driver and corporate taxation, environmental concerns, HR issues and "grey fleets". Further down the list was home working and congestion.

The focus on cutting costs and offsetting rising fuel prices has shown itself to be as much an issue now as ever, which looks set to prompt fleet managers to consider their own circumstances and ways of improving - which could include the installation of vehicle tracking systems.

Commenting on the results, fleet services commercial leader for GE Capital UK, Gary Killeen, claimed they were "very much" as expected, given the current motoring environment.

"Fleets are concentrating on keeping the costs of company cars contained whilst fulfilling their safety responsibilities, so the dominance of the top three factors is unsurprising," he told fleetworld.co.uk.

"However, this lack of variance should not be mistaken for anything like complacency. The fleets with which we work are very serious about continuing to make progress in minimising fuel and general fleet running costs while improving safety."

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