BVRLA calls for certainty in March Budget
The BVRLA has called for a trio of measures to be included in the chancellor’s Budget statement on 3 March in order to support recovery in the vehicle rental, leasing and fleet sectors.
The rental and leasing association has called for a freeze on Vehicle Excise Duty until April 2022, a clarification of company car benefit-in-kind tax rates until the end of the 2025-26 tax year to lend clarity to decision making, and to expand green investment tax allowance to enable businesses to offset the full cost of charge point installation, including groundworks, installation and grid upgrade.
“This Budget is an opportunity for the Chancellor to introduce measures that will give the fleet industry the confidence to invest, create jobs, and support economic recovery,” said BVRLA Chief Executive Gerry Keaney. “We need a long-term perspective on tax to combat uncertainty, support for the hard-hit rental sector, and some creative thinking on tax allowances that can unlock investment in green technology.”
Drop in rear end collisions as accident rush-hour shifts to school
There was a 27% fall in rear-end collisions last year, dropping it to the second most common collision type in 2020, which saw cars hit while parked taking the top spot.
Accident aftercare company Ax also found that the highest accident rate has moved from between 5-6pm to between 4-3pm as the schools reopened in the later part of the year while large numbers continued to work from home.
The rest of the top five accident types stayed the same behind hit while parked (30.3%, up from 29.6%) and hit in rear (24.7%, down from 30.0%), with third party pulled from side road increasingly by 0.3 percentage points to 9.2%, third party reversed into client’s vehicle (up 0.4 percentage points to 7.6%) and lane change (down 0.1 percentage points to 5.6% of accidents).
New AI inspection tool for vehicle appraisal
A new self-inspection tool has been launched that is claimed to enable a smart phone to conduct “professional inspections” and produce extensive inspection reports that can be integrated into business’s systems.
Developed by consultancy and training company MJB Automotive Solutions, the PAVE system is claimed to be the “UK’s first AI-based inspection tool that appraises in real time”.
Completed in three minutes, the inspection takes place by the user aiming the phone’s camera where directed by PAVE and taking images to cover every angle. The system then creates a detailed report on the vehicle condition as well as any damage or required repairs.
“We can offer fleet and remarketing decision-makers the latest in automotive solutions,” said MJB Automotive founder Marcus Blackmore. “Our AI-based real-time inspection software is just one example of how we can develop efficiencies and save them time and money.”