13 Mar 2008

FIAT GROUP AUTOMOBILES UK RESPONSE TO BUDGET

The message keeps getting clearer: businesses which run low-CO2 car fleets will benefit from reduced fuel bills, lower general costs and a more generous treatment on capital allowances, while their drivers will benefit from decreased Benefit in Kind tax bills.

The message keeps getting clearer: businesses which run low-CO2 car fleets will benefit from reduced fuel bills, lower general costs and a more generous treatment on capital allowances, while their drivers will benefit from decreased Benefit in Kind tax bills.

That's the view of Adam Pumfrey, fleet and remarketing director, Fiat Group Automobiles UK, following Wednesday's (12 March) Budget.

"It's getting ever clearer that the Government will keep hiking up costs each year for both fleets and their drivers who run higher polluting cars," says Adam Pumfrey.

"But there is a good sign that it is reinvesting this extra tax revenue into reducing VED costs and company car bills for those fleets and drivers who are running low CO2 cars, rather than pocketing the cash.

"And with four of our cars - the Fiat 500, Grande Punto, Panda and Bravo - all with versions that produce less than 120 g/km of CO2, Fiat is able to offer company drivers a range of superb vehicles that also allow them to take advantage of the Budget announcements with immediate effect."

The list of sub-120 g/km models includes Fiat's new Bravo 1.6 MultiJet 16v 105 with Eco pack, which has a 119 g/km CO2 figure.

Ends...

For further information please contact:
Peter Newton, Public Relations Director
Tom Johnston, Press Relations Manager
or Puneet Joshi, Press Relations Officer

Fiat Group Automobiles UK Ltd
Tel: 01753 511431
Fax: 01753 516871

E-mail addresses: peter.newton@fiat.com / tom.johnston@fiat.com / puneet.joshi@fiat.com

This press release and photograph are available on www.fiat4media.co.uk

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