While businesses will understandably be looking at where they can reduce spend across their operations, Trakm8, the UK’s leading vehicle technology solutions provider, is urging those with a fleet division not to scrimp on vehicle maintenance.
Paul Wilson, Sales & Marketing Director at Trakm8 explains: “British businesses are navigating extremely turbulent economic waters at the moment, with both the cost-of-living crisis and continued fuel price uncertainty really starting to bite. Indeed, according to research by The Motor Ombudsman, worries about financial precarity this winter is leading up to 22% of vehicle owners to delay their service, while 33% are considering missing a service altogether.
“While this might save money in the short term, it could lead to a massive – and unexpected – outlay further down the line if the vehicle fails. This will be exacerbated among fleet operating-businesses, where costs associated with unexpected vehicle downtime can run into the tens of thousands. And when you consider the fact that businesses are having to run older vehicles for longer thanks to the ongoing parts shortage and delays in sourcing new vehicles, the sector really could be facing a perfect storm this winter.
“It is also important to consider the impact of the cost of living crisis on grey fleets,” adds Paul, “Post-pandemic, we’ve seen a significant increase in the numbers of employees using their private vehicles for business. This is a notoriously complex area when it comes to servicing, as the onus falls on the motorist and not the business, but it’s obviously crucial to ensure these vehicles are being driven safely and in a roadworthy condition.
“For businesses, they should ensure that fleet managers have an up-to-date record of what vehicles each grey fleet employee is driving for work. Where possible, they should also maintain records of the most recent service the vehicle has undertaken, alongside details of any vehicle maintenance checks alongside road tax validity. Far from being a ‘Big Brother is watching you’ approach, such proactivity ensures both business and driver are on the right side of legislation and helps provide valuable peace of mind that vehicles utilised for business are entirely fit for purpose.”
For more information on the full range of products and services offered by Trakm8, please visit: www.trakm8.com.