EVIDENCE of widespread speeding has added weight to the argument that company car drivers are wasting thousands of pounds in petrol. A report from the Department of the Environment, Transport and Regions revealed that 70% of cars exceeded the speed limit in a 30mph zone. But HGVs proved to be even worse at keeping to the limit with 91% of those surveyed on a dual carriageway exceeding their 50mph limit.

This follows AA Fleet Services' recent shocking statistics that companies could save up to £250,000 a year in fuel if all its drivers stuck to national speed limits. The AA report stated that for every 10 miles travelled by the average 1.8-litre higher performance saloon fleet car at well over the speed limit, its fuel bill increased by 21p. A 1.3-litre car squanders 20p over 10 miles. Heavy braking for slower traffic and then steadily accelerating back over the speed limit adds to the drain on fuel, costing fleets hundreds of pounds.