Vehicle Programs

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…

Motus Reveals Trends Underpinning the New Rate and Guidance on its Usage BOSTON, Mass., December 31, 2019 – The Internal Revenue Service (IRS) has announced the 2020 business mileage standard rate of 57.5 cents, calculated with data provided by Motus. As the definitive leader in reimbursement solutions for businesses with mobile-enabled workforces, Motus has deep insights…

How California Assembly Bill 5 Could Impact Your Business In mid-September, California’s governor signed Assembly Bill 5 (AB5) into law. Effective January 1, 2020, AB5 changes the criteria that define independent contractors. Employers that are not aligned with the new law could be at risk of misclassification claims by their employees. What’s more, New York…

Key Insights for Companies with Fleets in 2019 Each year, Motus publishes the Mobile Workforce Benchmark Report. It’s our most extensive report, with everything you need to know about the state of vehicle programs today. Looking for key statistics for company car programs, or to compare your own fleet with those of your peers? You’re…

Switching to an allowance from a company car program? Your company has a fleet. You’re getting sick of personal use piling up and employees not treating cars well. Maybe you have some doubts about accounting for those vehicle expenses yourself. Or have a suspicion that company cars for your sales reps aren’t the lowest cost option….