Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt YOUNG AT HEART: Fuelling the demand
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

YOUNG AT HEART: Fuelling the demand

Date: 12 June 2008

Tristan Young is Editor-in-chief of BusinessCar

There was some surprise in the BusinessCar office when we saw the results to the exclusive question we'd asked in the recent Green Fleet Research carried out by Alphabet.

Our question asked what fleets would do should fuel reach £2 a litre.

The first surprise was that only 24% of the 250 fleets quizzed said they'd absorb the costs - amazing given today's tight financial climate.

However, the most astonishing fact was that nearly a fifth of respondents haven't decided what to do yet, despite the fact that fuel prices have already risen more than 30% in the past 12 months.

If I noticed any specific business cost had risen by nearly a third in the past year, and there was no sign of a reduction on the horizon, I'd be working like mad to find a way to mitigate this rise.

According to the data, clearly some fleets have been doing this. A healthy 15% said they'd reduce car journeys, others said they'd look at car choice, which seems to be reflected in the boom in eco models from the fleet car makers.



Share


Subscribe