Businesses are fundamentally changing the way they fund their vehicles due to the impact of Covid-19 and fleet electrification, says ARI.
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.
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.
Fleets are adjusting their funding and vehicle policies in the light of new travelling behaviours due to the impact of coronavirus on working practices.
The split between business/fleet funding and private/retail for cars has changed dramatically over the past year.
SMMT claims that political and economic uncertainty, and confusion over future Government policy on different fuel types, is damaging business confidence.
Free2Move Lease has appointed Louise Neilson to the new role of national sales manager.
By Erik Fairbairn, Pod Point CEO and founder
By Gary Smith, managing director, Europcar Mobility Group UK
Two councils - Mid-Devon District Council (MDDC) and Exeter City Council (ECC) - have joined forces for the first time to source vehicles.
Current uncertainty in the fleet market should be seen as an opportunity for procurement departments to rethink supply chain strategies and reshape their fleet policies.
But tax office says new pay reporting option could have skewed figures, with fall much less than suggested.
Pricing experts at Cap HPI say that average used car values for 3years/60,000 miles models fell by 2% in June.
The demand for electric vehicles (EVs) is beginning to grow, but businesses are hesitant to ‘take the plunge’, according to Lombard’s managing director Ian Isaac.
Kingspan Insulated Panels has awarded the supply and management of its 73 company cars to JCT600 Vehicle Leasing Solutions.
Name change to better reflect customers’ requirements as the business continues to evolve and expand.
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