INDEPENDENT research has revealed that some of the smallest fleets could slash their costs by investing in telematics systems.

The research, carried out by Cranfield Centre for Logistics and Transportation, has set out a detailed analysis of real-life savings made by fleets, covering areas from saved overtime to reduced fuel costs.

Telematics system firm Fleetstar commissioned the research to assess the potential to reduce the annual running costs of Britain's car, van and heavy goods fleets, which top £132 billion a year.

Although its research was initially focused on HGV fleets, which were saving up to £8,000 per vehicle, the firm claims that car and van fleet operators can make significant savings on their own running costs.

The firm claims telematics systems could be the key to keeping a close eye on costs following introduction of the new carbon dioxide-based company car tax system next year.

Chris Haynes, Fleetstar chief executive, said: 'We have shown that break-even can occur in less than two months for most businesses with Fleetstar costing from £2 per vehicle per day to run.

'While the survey focuses on the worst case HGV sector, pro-rata savings can be made in any sector, for example with cars or light vans.'

Fleetstar commissioned the analysis after a MORI poll carried out on behalf of the firm revealed that only 8 per cent of companies interviewed used some form of telematics system, despite 91 per cent of fleet managers saying they are always looking for ways to reduce costs.

Following the CCLT analysis, Fleetstar has launched its Cost Saving Consultancy Programme, which is being offered free to fleet managers and finance directors.