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Drivers facing limited company car options

Date: 09 April 2010   |   Author: Sam Burnett

Employees are facing an increasingly limited choice of company cars, according to the most recent Company Car Trends Survey by GE Capital's Fleet Services business.

Almost a third of workers are offered no flexibility on the options fitted to their vehicle, and nearly three-quarters of fleets offer only a single or limited range of models to their employees, which represents an increase of 10% since a year ago.

While the majority of fleets are restricting choice in order to cut costs, the survey indicates that 9% set no criteria at all for an employee's choice of vehicle.

UK fleet commercial leader for GE Capital, Gary Killeen, said: "It is interesting to see that the pressure to keep costs low means businesses are making tough policy choices, and are looking long and hard at the decision to take more control of what cars their employees can and can't drive."

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