Fleet funding - Page 20

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.

Perk remains popular despite tax changes from the Government, says survey.

FCA Fleet Services has launched Be-Free a new Personal Contract Hire package, which includes maintenance, servicing and tyre replacement in the monthly rental.

Three Activa Contracts employees have become the company's first members of staff to successfully complete National Vocational Qualifications.

Vanarama has announced the introduction of its Total Lease Care (TLC) package which offers free and enhanced breakdown cover to its commercial vehicle leasing customers across the duration of their lease agreements.

by David Bushnell, product manager mobility at Alphabet GB

Total Motion is encouraging UK motorists to consider leasing as a convenient and money-saving alternative to vehicle ownership.

The bill also includes new benefit-in-kind (BIK) tax bands for 2020/21.

Tusker has seen an increase in car orders, exceeding its targets for the first few months of 2017.

Delegates at ICFM Masterclass warned by Dan Rees, associate director, Deloitte Car and Mobility Consulting, that policy compliance is going to be a challenge.

Overseas crime groups are targeting leasing companies to fraudulently obtain high-performance motor vehicles.

Dealers and manufacturers are being urged to ensure funding services for small businesses stand up to the test – before it’s too late.

Fleet decision-makers have been urged to book their places for the ICFM Masterclass focusing on the imminent changes to car salary sacrifice scheme and cash or car allowance rules.