The next car you hire is likely to be a used model. Daily rental companies have found there’s a shortage of new cars reaching market because manufacturers are struggling with output due to the new emissions requirements of the latest exhaust test, or WLTP programme. Typically, they are purchasing batches of small-medium sized cars that are less than … [Read more...]
Hiring
Newslines 20 July
SsangYong is backing its faith in the new Musso pick-up by introducing a sector-leading 7-year/150,000 mile warranty. The new 7-year warranty also applies to new Rexton from 1 July and can be applied retrospectively to all new Rextons sold since launch and also all other models purchased since 1 January 2018 at a cost of £500. The RAC estimates about … [Read more...]
Rental & leasing companies register 83% of UK vehicles
The vehicle rental and leasing industry contributes around £49B per year to the UK economy, supports over 465,000 jobs and generates £7.6B in taxation annually. Commissioned by the BVRLA from respected research organisation Oxford Economics, the study provides some robust, independent data on the size, scope and importance of the vehicle rental and … [Read more...]
New-car delivery delays boost nearly-new values
Demand from dealers for nearly new stock is increasing thanks to long waiting times for many new cars, reports Meridian Vehicle Solutions. Phil Jerome, managing director, explained that his company’s medium term rental model meant that it almost exclusively defleeted 6-12-month old prestige and semi-prestige cars, and so had a strong insight into this … [Read more...]
White van man is becoming a myth
IAM RoadSmart has discovered that the myth of ‘white van man’ recklessly tearing his way up and down the country may be just an urban myth after all. In spite of vans being the fastest growing type of vehicle on UK roads in terms of miles travelled, serious and fatal crashes involving them are falling. Vans and light good vehicles now travel 49 billion … [Read more...]
JLR enter subscription service market
Jaguar Land Rover is the latest to launch a car subscription service. The all-inclusive car subscription service is a no-deposit 12 contract inclusive of insurance, taxes, servicing, roadside assistance, and fair wear and tear without any option to buy at the end of the year, and it's called Carpe. Packages start from £910 per month for a standard … [Read more...]
EVs’ Smart idea for growing numbers
More than 8 million people in Britain are considering buying or leasing an electric vehicle in the next 5 years, according to a new survey. The findings by Populus on behalf of Smart Energy GB highlight the importance of smart meters to the uptake of electric vehicles. It found: More than one third of drivers (34%) would be more interested in … [Read more...]
Tradelines 23 May
The new Volvo S60 saloon this spring will be the first Volvo to be produced without a diesel engine, highlighting Volvo Cars’ commitment to a long-term future beyond the traditional combustion engine. All new Volvo models launched from 2019 will be available as either a mild petrol hybrid, plug-in petrol hybrid or battery electric vehicle. Aston Martin … [Read more...]
Triple whammy hitting fleets
A “triple whammy” means that fleets are in their biggest ever state of policy flux, says fleet software specialist FleetCheck. The WLTP fuel and emissions measurement changeover, the “demonisation” of diesel and the lack of information about company car taxation after 2020 are creating a high degree of confusion and frustration, says Peter Golding, … [Read more...]
Resilience threatened by uncertainties over future say FTA
After a year of resilient trading in 2017, the UK's logistics industry expects continued success in 2018 despite the uncertainties posed by Brexit and continued economic instability, according to a new report from the Freight Transport Association. The FTA Logistics Report 2018, in association with Santander, polled the opinions of around 500 freight and … [Read more...]
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