Fleet funding - Page 13

Nine months after launch, Bridle Group’s new franchise proposition has signed up 27 brokers from start-ups to long-established companies.

Gary Curran has been appointed as leasing and rental manager for Kia Motors UK, effective from January 1, 2021.

Volkswagen Financial Services (VWFS) has launched a new leasing package for VW Group electric vehicles (EVs) that lowers the cost to consumers and engages retailers.

Residual values could fall by 10% over the next year as the economic effects of a recession and high unemployment bite.

Fiat Chrysler Automobiles (FCA Group) has launched a dedicated online auction platform to sell end-of-contract vehicles from its Leasys and FCA Bank businesses.

Karl Howkins, managing director of SOGO, explores the need for flexibility and resilience in the fleet industry.

UK vehicle leasing companies say that lessons learned during the first lockdown mean processes are in place to ensure fleet services continue.

Zenith has implemented Quotevine’s new Radia terms management system, which promises to provide a more painless transaction process and ‘transform’ the UK leasing market.

Cox Automotive has highlighted the opportunities for fleets and leasing companies to evolve their business models and invest in new partnerships, in its 2020 Automotive Insight Report.

The leasing company has outlined its mobility ambitions, while still growing its new and used vehicle leasing fleet.

Tusker says that more than 45% of all new orders over the past 30 days have been for pure electric vehicles (EVs).

Demand for personal leasing is helping to offset a significant decline in business contact hire (BCH) among BVRLA members’ lease fleets.

Fleet News will host a special leasing and funding webinar on November 3 at 2pm, sponsored by Jaama.

It is reporting huge interest in its own EV salary sacrifice scheme, with more than 100 businesses having already signed up.

Fleets are adjusting their funding and vehicle policies in the light of new travelling behaviours due to the impact of coronavirus on working practices.

Tuffnells is expanding its partnership with Enterprise Flex-E-Rent to cover HGVs on both rental and contract hire, to improve the flexibility of its fleet.

Fleet operators looking to save money in a post-pandemic business environment are being encouraged to consider multi-bid fleet acquisition in order to drive down leasing costs.

Almost half of HR bosses and business leaders surveyed by LeasePlan were unaware of the cost savings associated with electric vehicles (EVs) on salary sacrifice schemes.

Fleet managers should encourage salary sacrifice schemes in order to avoid the potential pitfalls of having more grey fleet drivers, as workers become home-based.

Midlands Asset Finance (MAF) has announced the creation of its new vehicle management and leasing division.

Fleet Alliance has been named as one of the UK’s Best Places to Work in the Best Workplaces results by the Great Place to Work Institute.

Fleet industry and tax advisers believe new HMRC guidance falls short of the mark.

The BVRLA has published new guidance to support those working in the vehicle rental and leasing sectors, as businesses in England start to resume operations.

Fleet Logistics believes now is the perfect time to train drivers that are experiencing downtime or have been furloughed as a result of Covid-19.

The Government has changed the guidance it issues to employers on salary sacrifice arrangements to allow for the impact of COVID-19.

The targeted temporary measures being implemented, first proposed a few days ago, include a three-month payment freeze for motor finance.

Thousands of fleet customers have received payment holidays due to coronavirus as FCA guidance for the consumer vehicle finance market welcomed.

Octopus Electric Vehicles has launched salary sacrifice scheme Go Green Car Scheme for businesses and workplaces.

Tusker has announced that emissions on new car orders have halved in the last six months.

Tusker has collaborated with electric vehicle infrastructure and procurement company Diode to help companies develop electrification strategies.

TCH Leasing has hired Aston Barclay as its remarketing supplier.

The Jaguar I-Pace will be available to NHS staff through NHS Fleet Solutions on a new salary sacrifice agreement confirmed today.

By Chris Black, commercial director at LeasePlan UK.

The majority of the public, including thousands of nurses, doctors and council workers, are unaware of the advantages of sourcing an EV through salary sacrifice, claims Tusker.

Amanda Brandon and Toby Poston promoted at BVLRA.

Markus Deusing and Juan Ridao Alonso hired in new roles with Alphabet.

Meridian Vehicle Solutions aiming to supply any mainstream car on medium-term rental terms.

Wolverhampton Wanderers become fleet partner of Activa Contracts.

The Grosvenor Group has launched a new website for all of its contract hire, rental and fleet management services.

Ryder was able to complete the sale and lease back of Travis Perkins’ 600-plus fleet within 96 hours, when its vehicle supplier went into administration.