Battle for the fleets
Article Abstract:
Companies in the UK have to contend with selecting company cars from an ever growing number of makes and models. Surveys conducted by the Society of Motor Manufacturers and Traders and the British Vehicle Rental and Leasing Association show Vauxhall and Ford battling for the top spot in the company car market. In the superminis class, the favorites are the Fiesta and Rover Metro, with Vauxhall Nova, Peugot 106, Nissan Micra, Fiat Uno, VW Polo and Renault Clio serving as alternatives. In the small/medium car category, the the Ford Escort continues to reign supreme, with the Vauxhall Astra, VW Golf, Fiat Tipo, Citroen BX and Renault 19 serving as alternatives. The Vauxhall Cavalier and Sierra enjoy the majority of the medium car purchases, although models like the Rover 200/400, Peugot 405, Toyota Carina E are slowly gaining attention. Jaguar, Mercedes, and BMW remain the popular choices for executive cars.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1992
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Pity the fleet manager with so much on offer
Article Abstract:
Methods to acquire and finance a company car in Great Britain include outright purchase, finance or open-ended leasing, car rental, and contract-hire or closed-end leasing; the latter is the largest growth area, accounting for 18 percent of acquisitions of company cars and offering built-in fleet management services. However, critics say that contract-hire has very high premiums, which fail to make up for its advantages. The choice of models, manufacturers, and financing plans for company cars is widening, with Ford being the market leader. In Britain, company cars account for 40 to 60 percent of new car sales and about 190,000 companies operate company cars.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1986
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Who will win the company car race?
Article Abstract:
A guide to different vehicles offered in the UK is presented to aid financial officers making a decision on which type of car to choose for company vehicle fleets. Vehicles profiled include models from Ford, Vauxhall, and Rover.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1990
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