The Toyota Professional range of light commercial vehicles offers greater choice than ever before, complemented by a commitment to customer care that will support Toyota’s continued growth in the sector. The new line-up stands out from the crowd with robust new styling across an extensive range that boasts class-leading load-carrying capabilities. Taking … [Read more...]
Share your car and cover your leasing cost
Sharing your car and getting paid more than your leasing cost is proving attractive in Sweden. In a society where the average car stands still 96 percent of the time, Lynk & Co has recognised the opportunity for change. Through Lynk & Co's award-winning app, they empower every 01 subscribed owner and subscriber to safely share their car with others … [Read more...]
Fleet administrators training course
A new course has been introduced by the Association of Fleet Professionals’ Fleet Academy in response to demand for training aimed at employees involved in fleet administration. The Fleet Vehicle Management Foundation is designed for people in fleet administrator, co-ordinator and customer service roles, and is suitable for those employed by both fleet … [Read more...]
Used EV prices expected to fall in short term
Nearly half of dealers (46%) think the values and prices of electric vehicles (EVs) will fall following the government’s move to push-back the electrification deadline to 2035, as consumers take more time to make the switch. November’s new Startline Used Car Tracker also shows that 44% believe a corresponding rise in petrol and diesel prices and values … [Read more...]
Tradelines 8 November
Almost a quarter of fleets (23%) say they expect to lengthen their company car lease contracts because of growth in home working, according to new research. The 2023 Arval Mobility Observatory Barometer found that the move towards contract extensions is more pronounced among larger companies with more than 1,000 employees (38%) compared to the smallest with … [Read more...]
Fleet discounts driving slight rise in new car registrations
October’s new car market grew by 14.3% to reach 153,529 registrations, 7.2% above pre-pandemic levels and marking the best performance for the month since 2018, according to the Society of Motor Manufacturers and Traders. The 15th month of consecutive growth was driven almost entirely by large fleet registrations, which grew 28.8% to reach 87,479 … [Read more...]
Financial squeeze is cutting used car choice
The financial squeeze is starting to hurt car buyers. AA Finance said motorists are borrowing 5% less for used car purchases this year as the cost-of-living crisis bites. This time last year, the average loan would be enough to buy seven of the 10 most popular used cars but only four would be affordable after price rises were taken into account this … [Read more...]
Fleets warned of possible Chinese burn
Fleets need to check new entrant Chinese manufacturers for credibility before committing to buying their vehicles, FleetCheck is warning. Peter Golding, managing director at the fleet management software company, said that electric vehicle manufacturers from China were undergoing a period of rapid consolidation, and that some were likely to export simply as … [Read more...]
EVs price fall expected as fleets change
Second hand electric cars and vans are expected to dramatically fall in price as businesses contracts roll-over. According to independent transport research group New Automotive, companies now run around 475,000 electric cars, and 200,000 plug-in hybrids, most of which will be held for 2-4 years before being resold into the second-hand market for 50% of the … [Read more...]
Motorists expect higher costs in 2024
Motorists expect the cost of running their car to continue to rise across all major areas of spending in 2024, new research shows. October’s new Startline Used Car Tracker shows that 70% think congestion zone charges will rise and the same percentage expect service and maintenance to increase. Other costs expected to go up include motor insurance (67%), … [Read more...]
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