Hyundai Kona Crowned 2024's Best Small Company Car: Can It Beat MG4 and Volvo EX30?

Hyundai Kona Named the Small Company Car of the Year 2024

The automotive landscape for business users is fiercely competitive, but one model has successfully outpaced its rivals to claim a prestigious honour. The Hyundai Kona has been awarded the title of Small Company Car of the Year 2024 by Auto Express. This esteemed award highlights the qualities that make a vehicle an exceptional choice for businesses and their employees, from running costs and practicality to the overall ownership experience.

This victory solidifies the Kona's position as a top-tier contender in the UK's company car market. While the full criteria for the award were not detailed in the original source, such accolades typically assess factors crucial for fleet managers and employees alike. These often include Benefit-in-Kind (BIK) tax efficiency, reliability, comprehensive warranty packages, and low total cost of ownership. The Kona's win suggests it excels in these key areas, offering a compelling financial package for businesses.

Strong Competition: The Commended Rivals

Securing the top spot was no simple feat, as the Kona faced stiff competition from two highly regarded electric vehicles. The judging panel also commended the MG4 and the Volvo EX30, acknowledging their strong merits in the small company car segment.

The commendation for the MG4 underscores its reputation as a budget-friendly electric vehicle that delivers substantial value, making it an attractive proposition for cost-conscious fleets looking to electrify. Meanwhile, the Volvo EX30's recognition points to its appeal based on brand prestige, cutting-edge technology, and a strong focus on safety, which are all significant factors for company car drivers.

The fact that two of the three highlighted models are fully electric reflects the growing importance and desirability of EVs within the UK's company car sector, driven largely by their exceptionally low tax liabilities.

What Makes a Great Company Car?

For a car to be crowned Company Car of the Year, it must offer a balanced and attractive proposition. For the business, this means predictable servicing costs, strong residual values that protect investment, and reliable build quality to minimise downtime. For the employee-driver, a low P11D value is paramount for reducing their monthly tax bill, alongside comfort, modern technology, and a pleasant driving experience.

The Hyundai Kona's triumph indicates it delivers on all these fronts. Its win is a significant endorsement that will undoubtedly influence the decisions of fleet managers and company car drivers across the country. When choosing a new company vehicle, recognition from an authoritative source like Auto Express provides a valuable shortcut, signalling a vehicle that has been rigorously evaluated and deemed best-in-class.

As the company car market continues to evolve, particularly with the shift towards electrification, awards like this provide crucial guidance. The Hyundai Kona's success story in 2024 demonstrates that it currently represents a benchmark for other small company cars to aspire to.