Fleet funding - Page 21

Almost two thirds (61%) of fleets turn to manufacturers for key information covering safety, model specifications, and costs, new research suggests.

The fleet market was hit with this year’s second month of double-digit negative growth in July, sliding by 13.1%, according to Dataforce.

Isuzu have strengthened their fleet team with two new appointments, Neil Scott as national fleet sales manager and Sean Smith as fleet and used car manager.

Palletways’ owned depots in Birmingham, Bristol, Edinburgh, Glasgow, London and Oxford have invested in a new fleet of electric pump trucks.

The number of employees paying company car tax has reached a five-year high, boosting Treasury coffers by millions of pounds, newly-released data shows.

Vehicle leasing and finance credit broker, Synergy Automotive, has ramped up its growth strategy with two further board appointments.

Škoda UK has won a new contract with Molly Maid to supply an additional 15 Fabia S 1.0 Hatch models to its UK fleet and a further 60 in the next year.

The new van market remained stable in July, rising 1.1% with 24,766 registrations, according to figures released by the SMMT.

By Martin Brown, managing director of Fleet Alliance

Overall figures from the SMMT also show that diesel registrations fell by a fifth.

FCA Fleet Services UK has seen its contract hire business taken over by Leasys S.p.A, the contract hire and mobility company of FCA Bank.

The medium-term rental specialist says that the new regime creates too many anomalies when it came to low emissions.

Analysts from Cap HPI have briefed bank staff on the current condition of the UK new and used car markets.

A US-based investment company, Eli Global, has acquired Fleet Assist for an undisclosed sum.

Asset Alliance has entered the traffic management vehicle hire market with a £3m investment to acquire 170 specialist vehicles.

Activa Contracts has won a sole supply, full outsourcing fleet deal with Peel Ports Group.

Total Motion claims it is saving fleets “millions of pounds” by creating and managing businesses’ own leasing services on their behalf.

Salary sacrifice provider Tusker is claiming that car benefit schemes are helping staff recruitment and retention at UK hospitals.

Total Motion is celebrating a major achievement, with its fleet of managed and funded vehicles passing the 25,000 mark.

Bristol Water has taken delivery of a fleet of Peugeot vans and cars, the first to be supplied under a new four-year agreement between the two companies.

Winchester City Council and Enterprise Car Club has launched a new car club, for businesses and residents in the city.

Private equity firm to exploit fleet outsourcing plus salary sacrifice growth.

Bunzl Retail Supplies has completed a deal with TOM Vehicle Rental which sees 20 new Mercedes-Benz Actros 6x2 tractor units join its fleet.

Eurovia has turned once again to Mercedes-Benz Dealer S & B Commercials for the first of a new breed of safety-focused road finishing vehicles.

Total Motion has secured a major contract with Tyco to provide a fully outsourced fleet management service covering more than 3,000 cars and vans.

ACFO focuses on ‘The State of the Nation’ at its autumn seminar, with fleet management changing at an unprecedented pace.

Average light commercial vehicle values remained steady during June, with the headline value rising by just £7 over the month, although fleet and values fell.

The new LCV market saw an increase in registrations in June 2017 following four consecutive months of decline, according to the SMMT.

Fleet and business registrations took the strain in June, with 148,145 registrations, equating to a 61% market share, according to figures released by the SMMT.

JCT 600 Volkswagen Van Centre York has hired a new commercial team as well as revamping its service facilities.

WESC Foundation has selected Maxxia’s Lifestyle Lease car scheme to widen the number of employee benefits available for staff.

Škoda has appointed Matt Hattersley as national fleet sales manager and James Watson as regional contract and leasing manager for the south.

Inverness-based Williamson Foodservice has taken delivery of two temperature-controlled DAF trucks from Fraikin on a five-year full-service contract hire deal.

SVA urges leasing companies to get off the fence and start embracing EVs rather than looking for reasons to penalise users with high contract hire rates.

The UK is still dealing with negative growth in true fleet registrations, while the rest of the EU-5 has swung back into positive growth for May.

Activa Contracts has won a sole supply, full outsourcing fleet deal with Winterbotham Darby that also sees it take on a consultancy role.

The UK automotive industry has called on Government to seek an interim arrangement with the EU that would maintain membership of the single market and customs union.

By Duncan Howell, corporate sales manager for salary sacrifice at TCH Leasing

Alphabet has begun the process of reviewing its 40-plus broker relationships, nearly three years after the launch of its broker channel, Alphabet Partner.

Synergy Automotive is meeting the growing demand for its services with six new appointments.