EXTENSIVE CO2 and fuel efficiency gains with no price changes on new automatic Volvos are set to deliver significant savings to company car drivers and their employers.
The improvements underline Volvo’s commitment to ensuring that drivers of automatic cars can receive the same benefits as their manual counterparts.
Effective immediately, new S80, V70, S60 and V60 D3 and D4 Geartronic versions will emit under 130g/km CO2, - a 4 percentage point improvement on current BIK banding. This equates to £21 per month for a 20% tax payer based on 2012/13 tax bandings, driving a Volvo V60 D4 SE LUX Geartronic.
Employers also save on class 1A NIC contributions which are also determined by CO2 emissions.