Fleet funding - Page 6

The fleet and leasing industry welcomed measures announced by the Chancellor but were disappointed to not see further help for the sector in a range of areas.

New salary sacrifice orders are on the increase because of shorter lead times, a wider range of models and growing manufacturer support, says Fleet Evolution.

Octopus Electric Vehicles has agreed a deal with Fisker to become one of the first lease providers in the UK to offer the new Fisker Ocean SUV.

The latest fleet industry news, including Nexus launches new mobility app and Autoglass opens off-grid branches.

Zenith has struck a deal with Santander Consumer Finance to extend its white-labelled services for at least the next three years.

New T&E report looks at the profits of Europe's seven largest leasing companies.

Renault Trucks has struck a fleet deal to supply 24 new T520 6x2 tractor units.

Pre-tax profits for the FN50 exceeded £2bn for the first time, thanks to record-breaking used car prices driven by the chip shortage, new analysis suggests.

Fleets face a price hike in monthly rentals of up to £80 on a £40,000 EV on contract hire and £50 on a similar salary sacrifice electric car.

London full fibre broadband provider, G Network, has purchased 100 electric vans from Harris Maxus.

Combined businesses of LeasePlan and ALD Automotive reach EV milestone and announce plans to increase used EV leasing.

A post-pandemic growth in working from home has resulted in almost one in four fleets expecting to lengthen company car lease contracts, new research reveals.

Alphabet has delivered six new light commercial vehicles with an eye-catching livery to English Heritage.

Fleet demand for electric vans demand has risen year-on-year, but SMMT cuts outlook for full-year market share.

Fleet and business registrations continue to dominate the new car market, with the latest sales figures showing a 59% market share.

Businesses deploying an EV salary sacrifice scheme through The Electric Car Scheme will now have access to a complete risk protection package.

London’s Air Ambulance has introduced six new response vehicles to its fleet with support from their new funding partner, Marshall Leasing.

Almost a third of its European fleet of 850,000 vehicles are either battery electric vehicles or hybrids, new figures show.

Young drivers are being priced out of the EV market due to the high front-end prices of vehicles, according to Fleet Evolution.

West Mercia Police has introduced an EV salary sacrifice car scheme with Tusker, via the CPC Drive framework, for its 4,600 employees.

New automotive entrants from China should be carefully assessed by fleets before committing to their vehicles, FleetCheck is warning.

Triton Construction has implemented an electric vehicle salary sacrifice scheme to help reduce its carbon footprint.

Almost eight out of 10 drivers said that they chose an electric vehicle in order to save money, according to new research from Tusker.

Xtrac has extended its range of employee benefits with an electric vehicle salary sacrifice scheme from Fleet Alliance.

Advising employers to offer a car salary sacrifice scheme to its staff is “one of the easiest conversations I’ve had in 30 years”, says Jez Howson, employment tax director at Azets.

ALD Automotive LeasePlan has announced a new brand name after the two vehicle leasing giants joined forces earlier this year.

There is a growing gap between the number of business and private contract hire customers ordering vehicles, new figures from the BVRLA suggest.

Arval and BNP Paribas Personal Finance sign pan-European deal with Zeekr to provide financing, full-service leasing and insurance services.

Sogo reports record growth as it marks its third anniversary having secured 30,000 vehicle lease contracts over the past 12 months – a 10% increase on the previous year.

Synergy Car Leasing has been acquired by investment firm Newable for an undisclosed sum.

The market was up 28.1% with 44,760 of the latest vans, pickups and 4x4s joining UK roads.

Fleet and business registrations are driving the new car market, growing 37.3% year-on-year, compared to a 5.8% increase in private new car sales in September.

The latest fleet industry news, including Red joins Driving for Better Business programme and Bridgestone urge motorists to check tyres.

Driver satisfaction levels are high for electric vehicles, according to Tusker’s annual salary sacrifice report.

Salary sacrifice car schemes will be put under the microscope as part of a special panel debate at next month’s Fleet & Mobility Live.

A shift in car and van replacement cycles post pandemic should be reflected in vehicle lease contracts and warranties, says FleetCheck.

An increasing number of businesses are adding electric vehicle (EV) salary sacrifice schemes to employee benefit packages, says Fleet Alliance.

Car subscription service provider Onto has entered administration, blaming the “steep fall” in electric vehicle residual values.

Almost two-thirds (65%) of fleets have admitted to delaying their plans to transition to electric vans due to the energy crisis, new research suggests.

HMRC has decided not to launch an appeal after a court ruled it wrongly refused tax relief from national insurance payments paid on car allowances.