Tag: company cars

car mechanics

2016: A YEAR OF STRONG GROWTH FOR ARVAL WORLDWIDE AND IN THE UK

Having broken through the 1 million vehicle threshold in November, the Arval fleet of leased vehicles totalled 1,028,142 at the end of the year (up 8.4% on 2015 at constant perimeter and exchange rate)  326,150 vehicles were ordered by Arval in 2016 (24% more than in 2015), and the company sold 248,914 vehicles (up 27%) 

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car mechanics

Chancellor’s company car tax plans criticised by ACFO

Fleet decision-makers’ trade body ACFO has voiced its disappointment about changes to company car tax announced in the Budget. Company car drivers will face a three percentage point year-on-year hike in their company car tax from 2019/20. But, the Government has indicated that the rates for ultra-low emission vehicles (ULEVs) will increase “more slowly than

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car mechanics

Budget 2015: Company car tax changes bring even bigger focus on low CO2 vehicles

Lex Autolease, the largest leasing company in the UK, has said the 3% rise in benefit-in-kind rates in 2019/20 will bring even greater focus to fleets running low CO2 emission vehicles. Andrew Hogsden, Lex Autolease senior manager, fleet consultancy, said: “The announcement that BIK rates will rise by 3% in 2019 makes it even more

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