From this week, people with mobility needs will be able to access a Lexus vehicle through the UK’s Motability Scheme. The company is making its entry into the nationwide leasing programme with the new UX 250h F Sport Design, a recently launched version of its self-charging hybrid electric compact SUV that matches highly efficient performance with an extra dash of sporting style. Lexus aims to … [Read more...]
Newslines 25 July
The eagerly awaited Autolink networking event organised by the Welsh Automotive Forum will be held on 27 September at Cardiff City Stadium, Leckwith. It brings together key suppliers and automotive component makers, potential investors and specialists with a session of presentations, opportunities to discuss ventures and see the latest products created for the industry. Just 10% of a sample of … [Read more...]
Reducing risk of plunging fleet values
The vast majority of fleets purchase vehicles outright and then dispose of the assets privately once they have no more uses vehicles, a study has revealed. According to RAM Tracking’s Vehicle Buying Survey 2022, just 41% of fleets said they defy fleet conventions and purchase vehicles outright. The second most popular method of funding vehicles is via a leasing company and the third most popular … [Read more...]
Tradelines 13 July
Arval UK has more than doubled the number of electric vehicles (EVs) on its UK fleet in the 12 months to the end of June. There has been a 102% growth from 11,225 to 22,630 units, meaning that EVs now represent 12.2% of its total fleet – up from 6.4% at the same time last year and the total figure breaks down into a 98% increase in the number of electric cars to 21,639 and a 249% rise in electric … [Read more...]
Beat the heat & plan ahead
The current heatwave is expected to last all week, with warnings remaining in place while the temperature soars into the mid thirties (33C/91F). It is important to make safety a priority when you're driving this summer, which is why you should always prepare for long journeys ahead, including your commute to and from work. Graham Conway, Managing Director at Select Car Leasing shares nine useful … [Read more...]
Fleets battered by wind of change
The new car supply situation for some fleets is worsening and remains extremely patchy for almost all, the Association of Fleet Professionals is reporting. Paul Hollick, chair, explained said that feedback from across its membership showed that serious problems were persisting and causing increasing operational disruption. “This is, of course, a worldwide problem caused by worldwide issues, … [Read more...]
Fleets’ fears over 2030 EV-deadline
The pressures of working towards the 2030 zero-emissions vehicle production deadline is the number one concern for fleet decision makers when examining the challenges they face over the next five years. According to Arval Mobility Observatory’s latest Barometer, 43% of respondents mentioned the 2030 deadline as their top challenge, followed by a lack of road infrastructure causing congestion … [Read more...]
Rentals revving up business with consumers
Some daily rental companies are beginning to turn down fleet business in favour of higher margin consumer bookings, the Association of Fleet Professional is reporting. James Pestell, AFP Director, said that businesses were finding no vehicles were available using corporate rental online portals but then discovering that if they visited a rental outlet in person, they could hire a car or van at a … [Read more...]
Small fleets foresee growth to 2025
More than a quarter of fleets (a net 27%) expect to see growth in the number of vehicles they operate during the next three years, according to the 2022 Arval Mobility Observatory Barometer. The overwhelming reason cited by decision makers surveyed is that their company is expanding (mentioned by 81%), but human resource-related needs (21%) and plans to offer vehicles to employees without a … [Read more...]
Car ownership is old fashioned, says sharing business
The relationship between the British public and their vehicles has changed a lot over the last few years. With the rise of working from home and hybrid work schedules, car ownership numbers all over the country and the entire UK are dropping considerably. In fact, the Society of Motor Manufacturers and Traders found that March 2022 saw new car sales suffer their weakest performance since 1998, … [Read more...]
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