The grey fleet is an important but often neglected aspect of fleet management. The grey fleet consists of employee-owned vehicles, bought with their own money and reimbursed on a pence per mile basis. It is estimated that there are approximately four million grey fleet cars in the UK – more than three times the number of company cars. Therefore, it is crucial that opportunities to reduce emissions and cut costs are identified.
Effective management of the grey fleet is crucial with respect to three key policy areas: financial efficiency, health and safety and environmental sustainability.