The UK Government is to abolish a number of plug-in car grants for purchasers of electric vehicles (EVs).…
Arval UK extends corporate leasing to used fleet cars
Arval UK has opened up used vehicles for leasing to fleet customers, the latest lessor to tap the used segment amid lukewarm new car registrations and resilient second-hand values.…
ALD issues €500m green bond to finance electrified fleet
Societe Generale’s fleet arm ALD Automotive has issued a €500m (£569m) to finance the acquisition of low-emission vehicles across all its markets.…
LeasePlan pushes ahead with IPO “in coming weeks”
LeasePlan will push ahead with an initial public offering (IPO) on the continental Euronext exchange, six months after its chief executive said the company was taking its time to build the strongest i…
Lloyds: Black Horse and Lex Autolease management to merge
Lloyds Banking Group motoring businesses, Black Horse and Lex Autolease, will be run under a single combined leadership structure from 1st November 2018.…
Alphabet pilots second-hand corporate car leasing
BMW Group’s Alphabet has started leasing used cars on corporate fleet contracts in Belgium, as the lessor looks to get a hold on market share beyond the brand-new segment.…
Daimler launches aftermarket connected car hardware for fleet
Daimler Financial Services has launched aftermarket hardware to connect fleet vehicles of any brand, setting the OEM up for expansion in telematics beyond its own Mercedes-Benz nameplate.…
Arnold Clark launches direct-to-employee PCH through Affinity Cars
Arnold Clark Vehicle Management has launched Affinity Cars, a product allowing employers to provide car leasing to staff without going through a company car scheme.…
Scammers use social media to target leasing customers
Internet scammers are advertising bogus vehicle leasing deals on social media and are extracting money from unsuspecting customers, said the British Vehicle Rental and Leasing Association (BVRLA).…
Alphabet appoints UK chief operating officer
Alphabet has appointed a chief operating officer for its UK operations.…