Company car use drops among chief executives

New motoring taxes prevent executives from using company cars, according to the Society of the Irish Motor Industry (SIMI).

4th December, 2004

New motoring taxes prevent executives from using company cars, according to the Society of the Irish Motor Industry (SIMI).

Recent figures show company car use among chief executives and senior and middle management is down 7 per cent on last year's figures.

The Irish Management Institute's (IMI) recently-published executive salaries survey shows that only 44 per cent of chief executives drive company cars, compared to 51 per cent last year and 88 per cent in 1998.

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