Fleet management provider CBVC Vehicle Management is urging financial advisors and accountants to encourage businesses to ignore headline lease rental rates and to instead focus on whole life costs for company car acquisition for fleet cost savings. According to CBVC, understanding whole life costs is critical, especially as fleets start to accommodate … [Read more...]
Fleets’ worries over EV costs and charging
Almost six in ten fleets which are not considering implementing electric vehicles named a lack of public charging infrastructure as the biggest barrier to their adoption. However, the majority of perceived barriers listed by non-EV adopting fleets reduced significantly over the last year, according to results from the latest Arval Mobility Observatory … [Read more...]
Fleet price rises “almost inevitable” warns supplier
Price rises for a range of popular fleet cars and vans is “almost inevitable” over the next few months, FleetCheck is advising. Andy Kirby, customer success director at FleetCheck, said that a range of factors from rising raw material costs to much slowed production would all create upwards pressure. He said: “Through our sister company, Fleetfind, we help … [Read more...]
HMRC is out of step with modern cars, say fleets
The Association of Fleet Professionals and the BVRLA have jointly called upon Government to ensure that the Advisory Electricity Rate for electric vehicles is fit-for-purpose. The industry bodies share concerns that the current 4 pence per mile rate, which remains unchanged since 2018, is no longer reflective of real-world conditions, and have written to … [Read more...]
Slow recovery in new car registrations
New car sales are slowly picking up after the first full month of showroom openings, said the Society of Motor Manufacturers and Traders. Registrations in May reached 156,737 units, an almost eightfold increase on the same month last year, but down -14.7% on pre-pandemic May 2019, and -13.2% on the 10-year May average. Against a more positive economic … [Read more...]
Fleets are ramping up ev charging plans
Some 29% of fleets that already operate or are planning to adopt electrified vehicles within the next three years now offer workplace charging for free. Additionally, a further 18% of those surveyed in the 2021 Arval Mobility Observatory Barometer research plan to install workplace chargers within the next 12 months. However on the flip side, 44% offer no … [Read more...]
Fleets expressing RV concerns over petrol & diesel models
Customers are already beginning to express residual values fears over buying new diesel or petrol cars and vans thanks to the prospect of rapid electrification, FleetCheck is reporting. Through its sister Fleetfind operation, the fleet software company helps its client base source vehicles, and says that buyers are concerned about the prospects for internal … [Read more...]
Luxury loophole can add value but not cost
Smart buyers, dealers and manufacturers have been given a lifeline to save expensive payments on new cars, for now. The Government's Office for Zero Emission Vehicles has provided clarity around the price cap definition stating cars must be priced below £35,000 RRP to be eligible for Government grants. In particular, the price cap definition includes “any … [Read more...]
New fleet management service with AA support
A new platform from AA Prestige and Herd Hire will launch this month, to deliver connected service, repair and maintenance capability to anyone that manages a fleet of vehicles. The platform, ‘Herd Connect', is the result of a new three-year partnership which sees AA Prestige named as a preferred status supplier. AA Prestige will work with Herd Hire … [Read more...]
Tradelines 19 May
Businesses in and around Birmingham should consider replacing their fleet vehicles with cleaner, more efficient models as the city’s clean air zone (CAZ) comes into effect on 1 June 2021. Already identified as one of the top challenges facing fleets over the next five years, Birmingham headquartered ATS Euromaster says that with further cities due to add … [Read more...]
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