Company cars continue to make a comeback |
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23 July 07 |
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The company car will make a strong comeback over the next five years. Signs are that increasing number of companies with larger fleets are returning to company cars rather than offering cash alternatives, but at the same time, more firms are outsourcing their fleet management.
These are the findings from a major report into the industry, it backs up many previously stated views regarding the future of the fleet industry, also reflecting the increasing trend to outsourcing. Companies are increasingly looking to operate cost-effectively by removing costs involved in the acquisition and management of company cars. Quote Me Today can help in the overall cost of running any size vehicle fleet. With professional advice and low cost fleet insurance the cost of running motor fleet?s can be dramatically reduced.
There is evidence that firms are moving back to the company car. There have been signs that an increasing number of companies with larger fleets are returning to company cars rather than offering cash alternatives to employees, a trend expected to continue, resulting in an increase in the number of fleet cars.
Overall, the number of fleet car registrations is forecast to increase by 3% between 2007 and 2012. To ensure efficient management of motor fleet insurance costs: contact the Fleet Insurance experts: Quote Me Today.
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