60% of Companies with Two or More Company Cars Report Having Vehicles with Low Utilization Rates
Key facts
- 60% of Companies with Two or More Company Cars Report Having Vehicles with Low Utilization Rates
- A survey by CarNext PRO revealed that 60% of companies owning two or more company vehicles have underutilized cars. Self-owned vehicles account for 76%, the highest share. Only 45.33% of companies review vehicle usage monthly.
- Source: PR TIMES
- Date: Mon Jun 15 2026 19:00:02 GMT+0900 (Japan Standard Time)
Direct answer
A survey by CarNext PRO revealed that 60% of companies owning two or more company vehicles have underutilized cars. Self-owned vehicles account for 76%, the highest share. Only 45.33% of companies review vehicle usage monthly.
- Citation
- 60% of Companies with Two or More Company Cars Report Having Vehicles with Low Utilization Rates (Mon Jun 15 2026 19:00:02 GMT+0900 (Japan Standard Time)), PR TIMES
- Source
- PR TIMES
- Date
- Mon Jun 15 2026 19:00:02 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
A survey by CarNext PRO revealed that 60% of companies owning two or more company vehicles have underutilized cars. Self-owned vehicles account for 76%, the highest share. Only 45.33% of companies review vehicle usage monthly.
AI Analysis
Frequently Asked Questions
- Q: How should companies track vehicle usage?
- A: Record mileage and usage days per vehicle, and review monthly for best results.
- Q: What to do with underutilized vehicles?
- A: Selling, internal reassignment, car-sharing, or lease review are effective options.
- Q: How often should fleet size be reviewed?
- A: Annual review is recommended, with ad-hoc adjustments as needed.
- Q: Owned vs leased vehicles: which is better?
- A: Depends on usage, budget, and tax strategy. Many companies use a mix of both.
- Q: What services does CarNext PRO offer?
- A: Corporate vehicle buyback with bulk appraisal, on-site pickup, and data erasure support.