View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
August 1, 2019

Lex Autolease: company car motoring fines on the rise

By chris lemmon

The proportion of company car drivers incurring fines and penalties increased by more than 20% during the first half of 2019, according to Lex Autolease.

The company analysed data from more than 360,000 company cars and vans to identify trends in driver behaviour and opportunities for fleets to cut costs. The findings revealed that drivers accumulated a £10.6m bill for fines and penalties between January and June – an increase of 41% on the same period last year.

The research also found that while the percentage of drivers caught by bus lane cameras fell by 19% year-on-year, the proportion being fined for illegal junction-box stops, red-route driving and other similar infringements increased by 154% over the same period.

Consistent with the trends seen in previous years, company car drivers are more likely to be fined in private car parks than public ones. Some 78% of parking fines incurred by company car drivers during H1 2019 were from private car parks and totalled more than £3m on the Lex Autolease fleet – compared with £855k collected in charges from public parking.

Guy Mason, head of motor operations customer and business design at Lex Autolease, said: “Running a company vehicle fleet is an effective way for businesses to reduce risk and save money, but this can be hampered by drivers who incur easily-avoidable fines and penalties on the road.  They might seem like small mistakes at the time, but the costs associated with minor parking and traffic offences add up for employers – especially those with large fleets.

“Analysis of our data has revealed an opportunity for businesses to further reduce the amount they spend on staff travel by taking proactive steps to minimise the fines incurred by employees on the roads. Investing in driver education will help employees modify their behaviour and avoid minor penalties.

“As fleets start transitioning towards alternative fuels, the importance of driver training is only set to grow, so that the whole life cost savings achieved by using low or zero emission vehicles are not compromised by the costs of fines and penalties.”

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The leasing industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Leasing Life