CO2 emissions have become the number one criteria for company car choice lists, according to research from GE Capital Fleet Services. The other two major criteria were fitness for purpose and maximum monthly rental costs. Together, the three criteria polled more than 50 per cent of the vote. The other remaining criteria polled less than 20 per cent. The complete list is as follows:
- CO2 emissions limit
- Fitness for purpose
- Maximum monthly rental or cost
- Vehicle cost per mile
- Brand image
- Safety features
- Maximum engine capacity
- No criteria
Gary Killeen, commercial leader for GET Capital UK, said: 'These results are very much consistent with those that we have seen from our Company Car Trends research right through the recession and into the current economic recovery. 'The company car choices that organisations are making in 2014 remain very much based on providing vehicles that are tax and fuel efficient thanks to their low CO2 rating, are practical for fleet purposes, and can be acquired in a cost effective manner through a defined monthly rental. 'We may be heading towards better economic conditions but the fleet industries general mindset shows no signs of significantly changing.î Several companies surveyed seemed to be taking more of a 'post-recession' view. The increase of terms one and two indicate that policy requirements could be loosening.
