Search
Close this search box.
Sign up for our weekly Newsletter

Health and safety drives businesses back to company cars

More and more businesses are putting drivers back into company cars.

And the popularity of a cash alternative is waning.

A Company Car Trends survey found that essential users

Share

30 November 1999

More and more businesses are putting drivers back into company cars.

And the popularity of a cash alternative is waning.

A Company Car Trends survey found that essential users – those requiring a vehicle to perform their job function – were all offered company cars.

Although a cash alternative was provided by some companies, availability had dropped from 52% to 38%.

Non-essential ‘perk’ users were also being offered company cars again: 72% were given the option, up from 61% a year ago. The cash option was also falling from favour.

Businesses gave health and safety responsibilities as the reason for the change. They wanted:

  • More control over the type of vehicle
  • And to ensure the vehicle was fit for purpose

“Businesses have concluded the best way to meet health and safety obligations is through company car provision,” commented Rich Green, managing director, GE Fleet Services, authors of the report.

More companies prefer company cars to cash alternative

Share this article

Facebook
Twitter
LinkedIn
WhatsApp
Reddit
Email

Want more motoring news?

Sign up here for our free weekly serving of motoring.

Sign up here for our free weekly serving of motoring.

Ralph Morton

Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

Latest news

Top