Multifleet Vehicle Management has secured a seven figure funding package from Santander Business Banking to expand its contract hire offering.
Diesel registrations fell by 24.4% in July as petrol demand grew by 20.1%, while alternative fuel vehicles enjoyed an uplift of 21%, new SMMT figures show.
Leasing companies predict more drivers will look for personal leasing deals to avoid rising benefit-in-kind tax.
Alphabet now offers products in Serbia via AKS Fleet Solution, bringing the total number of countries in which the fleet management provider conducts business to 22.
BNP Paribas Leasing Solutions UK has appointed Mark Richards as head of equipment and logistics solutions (ELS) sales, key accounts and business development.
Colas Rail has signed a solus outsourcing agreement with Ogilvie Fleet for the supply and management of almost 900 company cars and light commercial vehicles.
Hitachi Capital Vehicle Solutions is embarking on the next phase of its European expansion programme as it looks to acquire businesses across 10 key markets.
There were 940,000 employees paying benefit-in-kind (BIK) tax on a company car in 2016/17 – a 2% fall on the 960,000 recorded the previous financial year.
Average figure paid per employee increases by 27% year-on-year, says HMRC.
Wigan-based Fleetsmart has doubled its office space to cater for “record” product demand.
Fleet management specialist CLM has launched a dedicated website for its mini-lease range of products following increased demand from corporate customers.
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”.
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.
LeasingOptions.co.uk has promoted Ben Durkin to the newly created role of director of IT, following “tireless work”.
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