Lombard
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Fleet industry news 24 Jun 2019Speed of EV technology leaves fleets hesitant to invest
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.
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Fleet industry news 19 Feb 2015Europcar refinances rental fleet
Europcar has signed a funding agreement with Lombard, the asset finance arm of the Royal Bank of Scotland.
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Fleet industry news 22 Apr 2013Hitachi acquires 9,000 vehicles from Lombard
Lombard Vehicle Management (LVM) has wound down its contract hire and leasing business earlier than expected with the sale of 9,000 cars and LCVs to Hitachi Capital Vehicle Solutions for an undisclosed sum.
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Fleet industry news 8 Nov 2012Funders commit in the wake of ING's departure
Funders are reiterating their commitment to the UK asset finance market following the announcement by ING Lease that it is shutting down its UK leasing business.
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Fleet industry news 26 Jun 2012Lombard and ALD Automotive launch Lombard Vehicle Solutions
ALD and Lombard have confirmed they will launch Lombard Vehicle Solutions (LVS), a vehicle contract hire and fleet management service that will offer a wide range of leasing options, from a single vehicle to large corporate fleets in July.
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Fleet industry news 7 Feb 2012
RBS signs deal with ALD as it closes Lombard Vehicle Management
The Royal Bank of Scotland (RBS) will wind down its car and van leasing business Lombard Vehicle Management (LVM) over the next few years.
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Fleet industry news 4 Oct 2011New MD at Lombard Vehicle Management
Simon Recaldin has been named as the new managing director of Lombard Vehicle Management replacing Stuart Houlston, who moved to a new role in April.
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News Article 28 Jul 2011
RBS calls off talks with GE over Lombard
Royal Bank of Scotland (RBS) has pulled the plug on talks to sell Lombard Vehicle Management to General Electric (GE) after failing to agree on the price and structure of a deal, according to Sky News.
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Fleet industry news 7 Jul 2011Seismic changes in store for contract hire industry
Two of the country’s biggest contract hire companies are believed to be very close to being sold. ING has confirmed it is talks to sell its Car Lease division in a deal reported to be worth £3.5 billion, while the Royal Bank of Scotland (RBS) is keen to offload Lombard Vehicle Management.
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News Article 19 Apr 2011Fleet Efficiency grows thanks to Lombard
Lombard has provided a funding solution that it says has helped to enable Fleet Efficiency to both expand its business and reduce costs at the same time.
