VEHICLE leasing and fleet management company, Arval UK, has reported that the average CO2 for new cars delivered to its customers has continued to fall in 2014.

The average CO2 emissions rating last year was 114.4g/km; this represents a fall of 7% when compared to three years ago.

The BVRLA Quarterly Leasing Survey shows that the average emissions figures for the second quarter of 2014 for new vehicle registrations were 123.8g/km.

Arval accredits the continued reduction in CO2 to a number of factors, including:

• Improved emissions and fuel economy of new vehicle models
• Businesses increasingly trying to limit their environmental impact
• Direct link for drivers between environmental performance of their company car and Benefit-in-Kind tax implications

Arval has also reported growth in the number of hybrid and electric vehicles that it leases, with numbers up from 888 in 2013 to 1,081 in 2014.