Fleet News

Fleets complacent over high fuel prices

NEW research suggests that UK fleets are becoming increasingly complacent about fuel prices.

Fleet and fuel management company Arval claims in 2006 only 9% of fleets moved to redirect their drivers from expensive outlets, such as motorway service stations, to more cost effective stations such as supermarkets.

This figure was 21% in 2005. It found that fleets appear not to be incentivising fuel efficient driving by moving away from offering corporate gifts or extra holiday.

Mike Waters, head of market analysis at Arval commented on the findings: ‘These are worrying results which suggest that fleets have got over the initial shock of high fuel prices and fuel complacency has set in.’

A separate report produced by the AA shows that average UK petrol prices have gone up by almost 3.5 pence per litre in the past month as supermarkets allowed their forecourt prices to move closer to those of other retailers.

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee