Fleet News

British company car parc revealed

USING Government data for cars registered in company names, there are about 2.4 million company cars in the UK. This excludes many business expense cars which are registered in private names.

The company car parc, using figures provided by the Department for the Environment, Transport and the Regions, is about the same size as it was in 1988 and reached a peak in 1990, at 2.6 million vehicles, before falling to 2.2 million in 1994. The car parc now stands at about 2.4

million.

Broader estimates from the Centre for Automotive Industries Management show there are about 3 million company cars, with about 600,000 in 'fleets' of one vehicle.

The top 100 fleets in the UK account for about 10% of all company cars, with the top 3,000 fleets (0.4% of all fleets) accounting for about one third of company cars.

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