Fleet funding - Page 10

Unum UK has launched an electric vehicle (EV) salary sacrifice scheme for its 800-plus permanent UK employees.

Electric cars have taken a record share of new car orders at Fleet Alliance in the first quarter of 2022, accounting for 30% of its order bank.

The latest news from the fleet industry, including Mina launching a Fleet Approved hardware certification scheme and MotoNovo creates a new women's network.

Vehicle management and maintenance provider Autoserve has partnered with MotorLease to offer its brokers access to guaranteed maintenance packages through a new all-in-one platform.

The Association of Fleet Professionals (AFP) has announced an initial line-up of speakers for its first-ever annual conference.

Leasing a battery electric vehicle (BEV) is cheaper than funding a new vehicle on personal contract purchase (PCP), new research suggests.

Stantec UK is ending its traditional company car scheme and introducing a flexible benefit allowance.

It has also surpassed a milestone in offsetting more than 250,000 tonnes of carbon emissions via Verified Carbon Standard programmes in the process.

UK Carline Vehicle Leasing has selected Drive Software Solutions and its ODO software platform as the SaaS dashboard solution for its fleet of vehicles.

Ryder System, the parent company of Ryder UK, is proposing to exit operations in the UK.

The decarbonisation of the grey fleet is one of the major challenges of the next few years, says the Association of Fleet Professionals (AFP).

Automotive Management (AM), sister-brand of Fleet News, is seeking entrants for its Leasing Operation of the Year Award - a new category in the 2022 AM Awards.

Ricardo has secured Government funding to develop an electric motor for use in commercial vehicles.

Vitality has launched an electric vehicle (EV) salary sacrifice scheme with Hitachi Capital Vehicle Solutions (HCVS). 

Leasing Options is the latest member to join the BVRLA Leasing Broker Committee.

Paragon SME Lending has bolstered its dealer finance proposition within its transport and logistics business with the creation of a new team.

DF Capital has launched an electric vehicle (EV) salary sacrifice scheme with Octopus Electric Vehicles.

Fleet leasing is an important growth area as core retail banking operations face margin pressure from low interest rates, according to Fitch Ratings.

Fleet Alliance’s order books finished last year with a record number of electric and plug-in hybrid cars.

Leasing Options has announced a new partnership with providers of electric vehicle (EV) charging, Pod Point.

The BMW iX3 and Hyundai Ioniq 5 electric were the second and third most popular vehicles ordered at Tusker.

The number of salary sacrifice drivers booking their service, maintenance, and MOTs online since the Covid-19 pandemic began has increased significantly.

Demand for electric vehicles from company car drivers is helping the leasing sector return to growth following the initial impact of the pandemic.

The Electric Car Scheme has launched in the UK as a new salary sacrifice provider offering electric vehicles (EVs).

Sogo has marked its first anniversary with record growth in December 2021, signing 1,200 new contracts with electric vehicles accounting for 30% of orders.

Leasing companies are turning to epyx and other third-party software suppliers to power new all-round mobility services.

Fleet operators are being urged to allocate time for forward planning this year, as vehicle orders, rental and SMR needs are likely to be affected by parts shortages, according to Arval.

Many organisations could switch to using salary sacrifice to fund their car fleets instead of traditional funding methods.

Fleet Alliance has appointed Mark Roberts to the newly-created position of salary sacrifice product manager.

Charities in Yorkshire received a boost when leasing company Zenith cancelled its Christmas party and took the opportunity to fundraise.

Aviva has chosen Zenith to provide its employees with an electric vehicle salary sacrifice scheme.

The new Audi Q4 e-tron is the most popular salary sacrifice car with 16% of new vehicle orders, ahead of the Tesla Model 3 in second place with 15%.

The leasing industry has grown in the last five years, with private ownership falling in Europe from 53% of total market in 2013, down to 42% in 2021.

The fleet sector is moving from a manufacturer-enforced push market focused on major discounts and low prices to a demand-led pull market as supply shortages enable carmakers to press the reset button on the sales strategies.

Innovation in the sector was highlighted at the annual Leasing Broker Federation Awards, despite the impact of Covid and supply issues.

Centrica has launched an EV salary sacrifice scheme for employees but is warning that the ongoing semiconductor shortage could thwart its electric ambitions.

The total BVRLA fleet is forecast to grow 3% by Q2 2022, according to the organisation’s latest Leasing Outlook Report.

DriveElectric is expanding its electric vehicle (EV) leasing offer through a partnership with Sumitomo Corporation.

Mobility provider Sogo is supporting its growth plans with a move to new headquarters in Milton Keynes.

The growth in salary sacrifice and how it can help drive the adoption of electric vehicles (EVs) was examined at this year’s Fleet & Mobility Live.