However, year-to date figures from the SMMT show that fleet and business registrations are still 6.4% down on last year.
Shorter lease periods and no early termination costs make ambitious deadline possible.
Fleet and business new car registrations were down by more than a third in February as lockdown continues to depress demand, figures from the SMMT suggest.
Fleet and business new company car registrations fell by 40% in January, with 35,291 fewer registrations compared to the same month last year.
Fleet and business new car registrations fall by 32%, with 400,000 fewer company cars registered, but fleets behind massive increase in EV new car sales.
Gridserve has joined forces with Hitachi Capital (UK) to launch a net zero electric vehicle leasing business, offering customers free charging.
Hitachi Capital Vehicle Solutions (HCVS) has rolled out Jamma’s Key2 asset and fleet management platform across its UK and European operations.
There were some 2,500 fewer new cars registered to fleets in October, leaving registrations a third down on where they were this time last year.
The lockdown prompted by Covid-19 has reaffirmed how Direct Line is changing its company car schemes to better fit the ‘new normal’
And that’s despite new WLTP testing regime producing higher figures
Jon Lawes believes dropping BIK tax on electric vehicles for a year can only help revival process
Fleets are adopting electric vehicles (EVs) in record numbers as greater choice and zero benefit-in-kind (BIK) tax boost their appeal to company car drivers.
Hitachi Capital Vehicle Solutions (HCVS) has signed a three-year deal to collaborate with Hitachi Europe on new net-zero solutions for fleet owners.
Unprecedented downturn is prompting many companies to rethink their fleet strategies.
Hitachi Capital Vehicle Solutions (HCVS) is to offer its customers TMC’s mileage capture and audit services.
The latest from the fleet industry, including new rapid chargers at M&S, FareShare donation from Hitachi Capital and new hybrid car club launched by Co-wheels.
Strong performances through online wholesale auctions according to the latest used car market tracker released by Cox Automotive UK.
Manheim Auction Services and Hitachi Capital Vehicle Solutions (HCVS) are hosting an exclusive online event on Friday, July 10, featuring a rang of quality cars and hand-picked heavy goods vehicles (HGVs).
HCVS also a recorded a 19% year-on-year increase in net earning assets, operating 81,000 assets worth £1 billion.
Hitachi Capital Vehicle Solutions says the industry will have to ‘knuckle down’ if values are to be achieved in a post-pandemic used car market.
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