What does the semiconductor crisis mean for company car fleets? | Autocar

  • 📰 autocar
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

How can the effect of the ongoing chip shortage on fleets be minimised? Read our latest updated article to find out:

Some manufacturers are deleting previously-standard non-essential equipment to keep production going or are offering reduced model ranges. For example, only one version of the Volkswagen ID 3 is available in the UK at the moment. Fleets typically budget for specific lifecycles, and many are having to extend contracts to keep employees on the road.

It’s also important to assess which equipment is vital for drivers and don’t rush to take whatever is available. The Association of Fleet Professionals has warned operators to be wary of 'decontented' models that are missing safety equipment, as these could cause duty of care issues and affect future residual values. There are also opportunities. Manufacturers are working towards strict average CO2 targets for new vehicles this year, so plug-in hybrids are a priority for them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 93. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Autocar Business names top 10 trends for 2023: download now | AutocarCheck out our new digital magazine for Autocar Business subscribers, bringing in-depth analysis of 10 trends reshaping the automotive industry in 2023:
Source: autocar - 🏆 93. / 67 Read more »

Chinese brand Chery plans to enter UK market in 2026 | AutocarChinese brand Chery is making plans to enter the UK market by 2026 with a range of plug-in hybrid and electric models: Looks like a Santa Fe to me
Source: autocar - 🏆 93. / 67 Read more »