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
The start point for the best source of fleet information |
Rapidly rising fuel costs will dominate fleet managers' agendas in the rest of 2008, according to leasing giant GE Capital.
"Both crude oil prices and petrol and diesel pump prices are notoriously difficult to predict," said GE boss Rich Green, "but it is difficult to envisage much respite from upward pressure during the rest of 2008."
Diesel has risen by 1.3p and petrol 0.6p in the space of a week, according to figures released last week by fuel card leader Arval, and GE puts the rise in the past 12 months at 15-20%.
Despite this, fuel cards use has fallen by almost 10% in the past year.
"The continuing decline of fuel cards is mystifying," continued Green. "They are the key tool available to fleets when it comes to gathering information about fuel use and making decisions on how to manage down costs."
BusinessCar magazine ©2019
Business Car Magazine © 2020 | Business Car is part of NS Media Group.
