Execs and their cars - Management Today
The cars they have to choose from are certainly evolving rapidly - with tough new CO2 rules on the way it's no surprise that the last few years have seen a flowering of diversity among alternative fuel vehicles. And corporate buyers are as keen as anyone to reap the benefits of lower emissions and reduced fuel costs - last year company car sales accounted for just over half of the UK's 2. 47m new car registrations, making the fleet market a huge driver of... You want an electric car that costs no more than a normal supermini to buy. The Porsche Panamera hybrid saloon is as overindulgent as you'd expect of the brand, yet will cost around the same as a diesel BMW 520d in tax. You want diesel power, and the potential to run on electricity around town. no longer does wanting low-emission wheels limit your options to a Toyota Prius. In fact, sales of cars with sub-75g/km CO output - almost exclusively pure electric or petrol-electric plug-in hybrids - quadrupled in 2014 to 14,498 registrations in the UK, and look set to quadruple again this year. The figures show that uptake on these ULEVs, or ultra-low emission vehicles, is beginning to take off with the sort of zeal that diesel power did only a few decades ago. Iain Carmichael, who champions the electric car here despite his long commute, is a great example. Yet, the car is not the answer at all for some business types,. Source: www.managementtoday.co.uk
