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IFC Fleet acquires B2B rental provider

Fleet management and logistics company IFC has acquired Fownd, a provider of daily rental for commercial vehicles, for an undisclosed sum.…

UK gov’t considers VED relief for cleaner vans

The UK government will open a consultation on reduced vehicle excise duty (VED) rates for greener generations of vans, chancellor of the Exchequer Philip Hammond has said in his spring budget update.…

Alphabet portfolio grows 5.5% in 2017

The lease portfolio of Alphabet, BMW’s commercial fleet leasing subsidiary, grew 5.5% in 2017, reaching 680,000 vehicles.…

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