HCVS also a recorded a 19% year-on-year increase in net earning assets, operating 81,000 assets worth £1 billion.
BVRLA membership numbers continued to rise during 2019, ending the year with 1,007 organisations, up 2% on the previous year.
The split between business/fleet funding and private/retail for cars has changed dramatically over the past year.
FN50 survey shines a light on attitudes to mobility and the role of the company car.
A challenging used car market in 2019 has had a significant negative impact on the optimism of leasing companies for RVs in 2020, the FN50 survey suggests.
The amount fleet operators are paying in end-of-contract excess mileage charges for both cars and vans has increased significantly in the past year.
Continuing concerns over the environmental credentials of diesel have led to a marked migration to petrol among leased company car fleets.
End of contract fair wear and tear damage charges for cars have reduced in the past 12 months, FN50 data suggests.
The AlphaRent team, which manages all aspects of vehicle rental and rental customer service for Alphabet customers, scooped the Customer Service Team of the Year award at FN50 2019.
German brands dominate reliability table with BMW named most reliable manufacturer.
Dealer groups are winding down fleet leasing businesses to concentrate on their core dealership offerings instead.
Customers coming up for renewal will be directed to Derbyshire-based GKL Leasing.
With just three weeks to go to this year's FN50 dinner, there is still time to secure your seat.
Comedian announced for next month's FN50 dinner.
Hitachi Capital Vehicle Solutions grew its pre-tax profit to £24.8 million in the 2018/19 financial year, continuing its growth over the past 10 years.
The Smart Transport Conference, Birmingham ICC, 18 September 2019, is the UK's most essential meeting place for public and private sectors.
Taking place on 5th November 2019, the FN50 Dinner is a perfect opportunity to network with the top 50 in luxurious surroundings and entertain your guests.
Fleet Alliance Group now manages a fleet valued at £1 billion following growth of its managed fleet to 37,000 vehicles.
Contract hire with maintenance is the only risk-free funding solution in today’s uncertain business and economic times, says Activa Contracts.
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