When it comes to cost management and decisions for business performance, the importance of historical analysis and projections can never be understated. Referring to fuel costs for business fleet management, the projections and analysis based on the coming year will help to make vital decisions for business and fleet managers today, for optimal results “tomorrow.”
Diesel fuel is the dominant option for high-mileage, business-critical fleets. However, air pollution in the UK is considered one of the main driving forces for alternative fuels. According to government data, Britain's poor air quality causes around 50,000 early deaths annually. Among the most polluting vehicles are those that use diesel fuel. Despite the scrappage-scheme for old diesel vehicles that aimed at encouraging diesel drivers to turn to greener, low-emission vehicles, with a compensation of up to £2,000 per car scrapped, the toxic NOx emitted by the overwhelming majority of modern diesel cars is forcing for even lower limits of nitrogen dioxide.
Vehicle tracking can change the way a business runs their company fleet. A vehicle, whether a van, truck or car, can be an essential part of any business, so ensuring that they are costing as little as possible, and being as efficient as they can be, will always be a high priority. Which is why more business owners are welcoming the introduction of vehicle tracking systems to their fleet. Not only to help a driver become more accountable for their actions, but to also ensure that the costs are reduced. One of the biggest costs of any fleet is fuel, and with the price of diesel and oil on the rise, it is now more essential than ever to ensure that you keep a vehicle fuel efficient. However, the introduction of a vehicle tracking systems could help you reduce fuel costs. Here’s how that could happen...
As of 1st September 2016, there will be a change to Advisory Fuel Rates. These can be really confusing for business owners, fleet managers and company car drivers. Let us try and make it as simple as possible. See our table below for all the figures and engine bands and how these have been affected by the recent change.
Benjamin Franklin said ‘In this world nothing can be said to be certain, except death and taxes.’ Most people would agree with this, however we would like to add that with RAM Tracking saving your fleet money would be a certainty! In the past few months, there has been a lot of speculation rather than fact in terms of the economy and everything surrounding it. Fuel is a significant factor in all of the Post-Brexit chat.
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