Fears of a ‘price correction’ for used electric vehicles (EVs) have been played down by pricing experts.
Masternaut has struck a deal with Lex Autolease to provide its connected vehicle technology across its fleet.
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.
Briggs & Forrester is reducing its environmental impact by only offering electric vehicles (EVs) or hybrids to its employees.
Fleets are ordering electric vehicles in increasing numbers, but the latest company car registration figures show a dramatic decline in the overall market.
UK vehicle leasing companies say that lessons learned during the first lockdown mean processes are in place to ensure fleet services continue.
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.
Richard Jones, managing director of Lex Autolease and Black Horse, says parts of the country are poorly served, limiting the wider adoption of EVs.
The country’s biggest leasing company, funding some 350,000-plus cars and vans, has seen its pre-tax profits plummet, according to its annual accounts.
Popularity of leasing is growing with more than three-quarters of company cars now financed this way
There were 166,678 new company cars registered with fleets and business in September, according to new figures published by the SMMT.
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.
Unprecedented downturn is prompting many companies to rethink their fleet strategies.
Crossleys Accident Repair has paid tribute to the support received from Lex Autolease during the coronavirus crisis.
The coronavirus pandemic is changing the way people work, with fewer face-to-face meetings and an inevitable decline in company car mileages.
Five companies have joined The Climate Group’s global electric vehicle (EV) initiative EV100.
TTC Group has secured a new contract to help manage the risk of fleet customers at the UK’s biggest leasing company, Lex Autolease.
But figures from Lex Autolease suggest rate of increase is slowing, with volumes up just 3%.
Thousands of fleet customers have received payment holidays due to coronavirus as FCA guidance for the consumer vehicle finance market welcomed.
New company car tax rates will cost the Government £100m in lost revenue over the next two years, while drivers will face higher costs from new CO2 rating.
Fleet News offers a range of reports, whitepapers, in-depth features and manufacturer brochures to enhance fleet decision-makers' understanding of key issues and products.
Fleet News is published monthly, in print and digital formats.
Register now to see if you qualify for a free subscription.