ALD Automotive: Telematics bought in by large fleets to accurately report mileage
According to the Automobile Association (AA) the UK currently has the eighth highest petrol price in Europe and the second highest diesel price. With the average price of fuel currently costing over 138p-a-litre, large UK businesses are increasingly turning to their fleet suppliers for strategic advice to help them reduce costs and improve the efficiency and productivity of their fleet.
Telematics is one technology that businesses are more commonly embracing to deliver cost savings, with particular emphasis on helping reduce their fuel bill. Drivers, it seems, are also embracing telematics; in separate research undertaken by ALD Automotive, over 87% of 500 business drivers surveyed said that they would approve of telematics on board their vehicle if it helped reduce their fuel bill.
ALD Automotive’s award winning ProFleet2 telematics solution is one such service being used to tackle the fuel cost issues. Key vehicle and journey data can be analysed by authorised fleet managers to identify, potentially, costly driver behaviour, which contributes to high fuel consumption such as harsh acceleration, unnecessary idling or excessive speed. Managers can then take the necessary steps to improve driving behaviour either by, simply, raising awareness or through driver education programmes, thereby reducing fuel consumption and other associated costs.
Commenting on the survey results, Keith Allen, managing director of ALD Automotive UK, said: 'Over the past seven years, telematics technology has evolved hugely, delivering a wide range of functionalities that can help businesses to better manage the costs and risk associated with their fleet.'
'At the same time business drivers have also become far more positive about the use of telematics, recognising the benefits it can deliver to themselves as well as their employers,' he added.
This Key finding report is based on the results from the ALD Automotive telematics survey. Fieldwork was undertaken in January, 2012. The sample was comprised of 100 Financial Directors, Controllers and Chief Financial Officers from (1000+) sized businesses. Respondents were identified from a panel screening exercise carried out in January 2012. Pre-selected respondents were invited to take part in the survey via email.