Company car is ordered for island (7)
I believe the answer is:
corsica
'island' is the definition.
(Corsica is an example)
'company car is ordered' is the wordplay.
'company' becomes 'co' (abbreviation).
'ordered' is an anagram indicator.
'car'+'is'='caris'
'caris' anagrammed gives 'rsica'.
'co'+'rsica'='CORSICA'
'for' is the link.
(Other definitions for corsica that I've seen before include "French island off W Italy, birthplace of Napoleon" , "Island N. of Sardinia" , "Island north of Sardinia" , "Napoleon's birth island" , "Napoleon Bonaparte was born on this French island" .)