Data experts don’t expect trend to continue after RVs fall steeply over recent months.
Cazana and Experian announced a new partnership, which sees Experian and Cazana’s data sets merge to help lenders understand risk.
It is likely that the proliferation of early churn on PCP cars is causing a bit of volume pressure in the retail market and thus also damaging ex fleet cars.
The new car position has been a disappointment for the fleet sector amidst hopes the economy would see an upturn as Brexit was settled. This has not been the case.
Deferring Brexit would be counter-productive, but it must be noted that we are as a country still performing better than some of our European neighbours
A no deal Brexit is so close contract hire and leasing companies are now frantically reviewing what plans they have in place should the industry suddenly find it difficult to access the supply of key brands.
by Rupert Pontin, director of valuations at Cazana
The used fleet market in December was surprisingly buoyant and perhaps out- performed the expectations of many of the fleet vendors.
By Rupert Pontin, director of valuations at Cazana
With so much media attention on Brexit there has been quite a welcome reduction in diesel coverage in the media.
The fleet industry has been left in a state of anticipation thanks to the October 29 Budget which offered little to sector.
The last few places are available for Vehicle Remarketing Association’s (VRA) free seminar, “The Challenges of 2019"
The latest news on the changes to the Plug In Car Grant scheme (PICG) have caused consternation, but this could be seen as a good sign
This month the reality of the new WLTP regulations hit home in the new car market and the continued confusion in the fleet market remains a concern.
The fear of a no-deal Brexit and WLTP has left the new fleet car market in a difficult and confusing place.
The market for ex-fleet cars could face volatility in the coming months as companies wait for the outcome of WLTP, warns Cazana.
New diesel registrations suffered from a further drop of 28.2% year-on-year. With less negative press than earlier in the year, demand may have found a level.
Cazana has announced its first US reseller partnership with the Robinson Advisory, to support its expansion into the US market.
April can be a fickle month for new and used cars sales with weather and holidays tending to divert the retail buyer accordingly.
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