Brexit could put fleet budgets under pressure

In a Fleet News poll undertaken in the wake of the referendum result, just 36% believed their costs would not be impacted, compared to 61% of fleets prior to the vote.

Colin Tourick, Grant Thornton professor of automotive management at the University of Buckingham business school, told Fleet News: “The long-term impacts of Brexit are unknown and as yet unknowable, but there are clearly going to be bumps in the road.

“In the short term, fleet budgets are likely to be blown out of the water. Fuel costs and new vehicle costs will rise, because sterling will fall.”
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