Vehicle Programs

Your company has a fleet of vehicles your team has made regular use of. You might even go as far as to say they’re an essential part of your business. But, as with anything, they have a lifecycle. Having trouble determining when to replace fleet vehicles? Or what to replace them with? Here are some questions to consider…

It’s official: the 2021 IRS standard mileage rate is $0.56. The new year’s rate, announced on December 22, is 1.5 cents less than the previous year’s rate. While this news may not be shocking to us, it might be new to you. Here we’ll be breaking down what the IRS Standard mileage rate is, changes…

Motus Reveals Trends Underpinning the New Rate in Wake of COVID-19, and Guidance on Mileage Reimbursement Practices BOSTON, Mass., December 22, 2020 – The Internal Revenue Service (IRS) today announced the 2021 business mileage standard rate of 56 cents, calculated with data provided by Motus. As the definitive leader in reimbursement solutions for businesses with…

California has frequently led with policies that other states follow. On Monday, August 17th, they led again by agreeing with several giants in auto-making on a deal regarding car emissions standards. This deal undermines the Trump administration’s rollback of Obama-era emission standards, which were established in 2012. What does this mean for auto-manufacturing and the…

Today’s pandemic has forced all of us to re-evaluate our schedules, our priorities and our decisions. That includes the business decisions we’ve made to adapt to current circumstances: cutting costs, halting business travel and, in some cases, furloughing and laying off employees. Every company has needed to adapt. Most companies have focused on uncovering cost…

Vehicle programs. Whether you’re in the pizza business, the healthcare space or any of the numerous business services markets, chances are you have one. They’re often so much a part of what your company does, it’s hard to imagine there are different types, or that you might have the wrong one. So what might the…

While the positive turn in the May 2020 jobs report took many by surprise, it came as less of a shock to those following business mileage as an indicator of economic growth. After hitting a low point the week of April 5th, business activity began a steady rise that we saw reflected in the numbers…

Of the four major vehicle programs, company-provided vehicle programs make up a significant number. According to our 2019 mobile workforce benchmark report, they were the second most popular. A company-provided vehicle program is simple: the company provides its mobile employees with a fleet vehicle for necessary business travel. What’s less simple is the continued expense….

Business mileage continues to show its merit as an early indicator of economic growth. And according to our latest bi-weekly Mileage Trends Flash Report, business activity continues to trend upwards as different parts of the U.S. reopen. Even with the Memorial Day holiday interrupting the usual work week, business driving activity has increased 51% since…

The 2020 IRS Standard Mileage Rate is $0.575 On December 31, the IRS announced the 2020 IRS standard mileage rate as 57.5 cents. The rate changes from the 2019 rate of 58 cents by a half cent. This is the first time the rate hasn’t increased in the past three years. But what is the…