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Budget changes to steer drivers’ vehicle choices, finds CLM survey

Diesel tax changes in last week’s Autumn Budget will have a clear impact on drivers’ future vehicle choices, according to new research from CLM Fleet Management.

John Lawrence, CLM

John Lawrence, CLM

The research of more than 250 motorists, including fleet drivers, was carried out straight after the Budget and found that a total of 59% of respondents said they were less likely or much less likely to buy or choose a diesel as their next new car as a result of the rise in VED from April.

However, some 62% of respondents said the one percentage point increase in the Company Car Tax diesel supplement would not alter their buying decision for their next new car, although 30% said they would be more likely to choose a plug-in car and 17% responding that they would be less likely to choose a diesel car.

The research also found drivers were split over the Budget announcement of an extra £100m for the Plug-in Car Grant, with 49% of respondents saying it would make them more or much more likely to choose a plug-in car, while 51% said it would make no difference to their decision.

And while 40% of drivers also said they were more likely to choose a plug-in car as a result of the Government’s additional £400m investment in charging infrastructure, 60% of drivers said it would make no difference to their decision.

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Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.