The Car and Truck Fleet and Leasing Management Magazine

Bank Offers Incentives for Employees to Buy Hybrids

June 12, 2006

BOSTON --- Bank of America last week rolled out an incentive program that gives employees $3,000 in cash when they purchase a fuel-efficient vehicle. The offer is available to 21,000 employees in Boston, Los Angeles and Charlotte, according to an AP report. To qualify, employees must live within 90 miles of one of the three cities.Bank of America isn't the only corporation trying to entice employees to purchase hybrids and other fuel-efficient vehicles. Google, based in Mountain View, Calif., offers its employees $5,000 in cash to purchase --- and $2,500 to lease --- cars that get at least 45 miles per gallon.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Fleetmatics will answer your questions and challenges

View All


Fleet Management And Leasing

Merchants Experts will answer your questions and challenges

View All


Sponsored by

Ford Motor Company is an American auto manufacturer based in Detroit and was founded by Henry ford in 1903. Ford is the second largest automaker in the U.S. and the fifth-largest in the world based on annual vehicle sales in 2010.

Read more

Fuel Saving Strategies Survey

View our 2008 survey to benchmark your fleet's fuel and green strategies with other fleets.

Fuel Calculator

A managed fuel program can help you save time and money and gain control over the way you fuel your vehicles. Determine your potential savings by using our fuel calculator.
Launch Fuel Calculator 

Fuel Prices

U.S. Gasoline and Diesel Fuel Prices.

Launch Fuel Prices 

Up Next

More From The World's Largest Fleet Publisher