Fleets identify cost of vehicle ownership as key concern
Nearly half of all fleets believe cost of vehicle ownership is the biggest challenge they face.
According to the latest Arval Mobility Observatory Barometer, 48% of fleets identified this is their main concern.
This is up from 31% who said the same thing last year.
Other challenges included implementing alternative energy strategies (46%), inducing more responsible driving (39%), adapting to restrictive policies on ICE (32%), adapting to low emissions zones in urban areas (32%), managing longer vehicle delivery times (23%), adjusting to new ways of working (13%), adapting to evolution of car selling models (10%), and implementing mobility solutions (9%).
John Peters, head of Arval Mobility Observatory in the UK, said: “The reasons behind the increase seen for total cost of ownership are not difficult to discern. The core costs of running company cars and vans, from acquisition to maintenance to insurance, have all been rising while, at the same time, economic growth has been limited. This places an increased onus on managers to minimise the expense of operating the fleet.”
Low emission zones
He added: “It’s also interesting to look at the areas where fleet worries are apparently falling.
“Managers appear less concerned about low emission zones for example, suggesting they have successfully handled the introduction of these in major cities, while lingering post-pandemic trends such as longer vehicle delivery times and adapting to hybrid working have also seen reductions, probably as they become part of the normal fleet landscape.”
