Fleet funding - Page 17

Europcar UK is to supply a fleet of commercial vehicles on long-term hire to gas and electricity supplier Eversmart Energy.

Fleet management specialist CLM has launched a dedicated website for its mini-lease range of products following increased demand from corporate customers.

A new congestion charge set to be introduced in Birmingham city centre within two years is a ‘wake-up call’ to businesses in the area to look at cleaner forms of transport and new means of acquiring vehicles.

Inchcape Fleet Solutions (IFS) has launched LeaseMyCar, a new Personal Contract Hire (PCH) product.

Lex Autolease has leased 100,000 vehicles through its broker division, accounting for 25% of the leasing giant’s total fleet.

Uncertainty surrounding the impact of the new WLTP emissions test on company car taxation is resulting in some large fleets extending leasing contracts.

Fleets turn to medium-term rental to manage uncertainty surrounding the new WLTP emissions testing regime and company car taxation.

LeasePlan and Fiat Chrysler Automobiles (FCA) have announced a leasing partnership in 18 European markets.

The BMW corporate sales team has won a 1,100 car sole supply deal with Spicerhaart, a national estate agency chain.

Autohorn Fleet Services is targeting growth in new markets after securing £7.5 million funding support from Yorkshire Bank.

Activa Contracts has announced an outsourcing fleet deal with family furniture business Hammonds, to give its company car drivers a “wider choice”.

Car parts manufacturer Unipres has seen the average CO2 of new additions to its salary sacrifice fleet fall to 78g/km.

Fleet and business car registrations were down by almost 50,000 units in the first five months of 2018, compared to the same period last year.

By Geoffrey Bray executive chairman, Fleet Service Great Britain

Intelligent Car Leasing has launched a new online van leasing division, IntelligentVanLeasing.com, to provide access to leasing deals for light commercial vehicle users.

LeasingOptions.co.uk has promoted Ben Durkin to the newly created role of director of IT, following “tireless work”.

Bridle Group has acquired Fulton Vehicle Leasing for an undisclosed sum, adding another company to its growing portfolio.

Savage who has been appointed commercial director, joins Falcon with almost 10 years’ industry experience.

Finance brokerage division to help support companies fund their car, commercial vehicle and specialist vehicle fleets, plant and machinery.

Volvo has restructured its national leasing team to increase its focus on residual values.

JCT600 has won a contract with Silverstone to supply its fleet of track, safety, security and catering vehicles.

Andrew Leech managing director of Fleet Evolution has said that salary sacrifice removes the stress of running a car.

The cost of leasing a new car in the UK has risen 9% in the past 12 months, new research by accountancy firm UHY Hacker Young has found.

Vauxhall Finance has launched new Personal Contract Hire (PCH) and Business Contract Hire (BCH) packages.

Demand for diesel new cars dropped by more than a third in March, while fleet and business registrations fell by 15%, according to the SMMT.

The expansion is via a cooperation agreement with Denis Mahony (Contract Rentals) trading as Avis Fleet Solutions.

Renault has announced its Q2 fleet offers with cars available from £138 per month.

Drover is planning on launching a tailored corporate offering for fleets as it looks to position itself as a UK mobility as a service (MaaS) pioneer.

Fleet Evolution has launched a stand-alone fleet management service to provide “top quality to the fleet management scene”.

Future is about the needs of individuals not just corporates, says CEO Philippe Bismut.

Jordan Hastelow has been welcomed as business strategy executive to promote salary sacrifice awareness to Fleet Evolution customers.

The global leasing market grew 9.4% as it introduced innovative ways to finance equipment worldwide, research from White Clarke Group has found.

The British Vehicle Rental and Leasing Association (BVRLA) has launched a three-year plan to address the 'unprecedented' range of challenges facing the sector.

Dawsonrentals is rebranding to Dawsongroup to highlight the range of the company's services and reflect the changing nature of the business.

Business mobility solutions provider Alphabet International grew its operational lease profile by 5.5% in 2017 to 680,000 cars and vans.

The average offered price of cars has increased from £24,383 in February 2008 to £33,559 in February 2018.

Economic uncertainty as a result of Brexit and a shift away from diesel vehicles are making leasing more attractive to business, claims Arval.

Long replacement cycles for vans could leave fleet operators facing daily charges when clean air zones (CAZs) are introduced in London and other major cities.

Fleet Evolution has announced the launch of free webinars on grey fleet, salary sacrifice and green motoring.

Firms can help boost the financial wellbeing of their employees by providing them with access to salary sacrifice cars, says Fleet Evolution.