Omoda & Jaecoo sign fleet deal with Arval ahead of UK launch
1 July 2024
New to the UK Chinese automotive brands Omoda and Jaecoo have signed an agreement with Arval UK to provide fleet and contract management services.
Fleet parts prices have risen by more than a third in four years
8 May 2024
Biggest increases have been seen for headlamp bulbs (up by over 45%), clutch (up by over 40%), spark plugs and pollen filters (up by over a third). Data is taken
Seven-seat cars are in demand both as rental and used
30 April 2024
The top three rental requests in Q1 were for the Audi Q7, followed closely by the Kia Sorento and the Seat Tarraco, while the Dacia Jogger is sought-after by customers
Used EVs prices given a welcome boost as market realigns
24 January 2024
Many leasing companies are seeing a growing number of used EVs coming back from fleet customers. The restricted number of new budget EVs on sale is helping create demand for
Octopus EV speeds past £1 billion electric car funding
4 December 2023
Funds from this deal will play a pivotal role in financing Octopus’ flagship EV salary sacrifice programme. Launched in 2021, this scheme empowers drivers to save 30-40% each month on
Fleets need to work with insurers on EVs
8 November 2023
Industry body says that evidence from its members indicates that some insurers have recently been increasing premiums for EVs, based on what appears to be incorrect and, in some instances,
Are young drivers being priced out of the EV market?
25 October 2023
A study into EV adoption in the UK, for example, published in association with a consortium of leading automotive experts, revealed that despite current adoption being higher among older drivers,
Powering up fleets to reach net zero
17 October 2023
Emma Loveday, Senior Fleet Consultant at Volkswagen Financial Services (VWFS) Fleet, discusses the considerations businesses need to make to understand the true impact of EVs for their fleet, and how
Save nearly £150 a month with Vauxhall’s new E-LCV grant
3 October 2023
The Stellantis e-LCV Grant offers customers a £2,500 incentive on small and medium electric vans, including the Vauxhall Combo Electric and Vauxhall Vivaro Electric. This is on top of the
Support required to create a sustainable used EV marketplace
22 August 2023
Growth in used BEV sales, this must be set against the latest new car registration data, where BEVs achieved just a 10.9% market share. Used BEV supply is set to
Santander joins with MG Motor to launch EV benefits scheme
21 August 2023
EV Benefits Ecosystem is available to all customers choosing to finance their new cars with MG Motor Financial Services and is powered by ZoomEV, who for years have worked closely
Vauxhall launches PCP offer on EVs
16 August 2023
The five-year PCP offer is available through the Vauxhall Online Store, which enables customers to configure their vehicle, obtain a part-exchange valuation and place an order all from the comfort
The benefits of salary sacrifice – Electric cars
8 August 2023
For Employees By participating in a Salary Sacrifice Scheme for Electric Cars, employees can save money on the purchase or lease of a new, eco-friendly vehicle. They also benefit from
Octopus Electric Vehicles raises £650m to turbocharge electric car revolution
20 June 2023
The funds will primarily finance Octopus’ flagship EV salary sacrifice offer, which was launched in 2021. Like cycle-to-work but for cars, Octopus’s salary sacrifice helps drivers save 30-40% every month
Leasing helps canny consumers save over £10,000 on new electric vehicles
30 May 2023
Despite the cost-of-living crisis and interest rate increases, savvy consumers are seeking out online leasing offers to help manage their household budgets. Leasing.com saw a 32% increase in sales enquiries
Electric Motorcycles can help the industry reach a new audience
18 May 2023
Julian Oliver, MotoNovo Finance’s National Motorcycle Manager, points to the cost of train commuting and the increase in hybrid working as an opportunity for the motorcycle industry to encourage new
Onto raises £100M credit facility to accelerate the shift to electric mobility
25 January 2023
The £100 million asset-backed facility will enable Onto to continue expanding its UK fleet with the latest electric car models. This new facility builds on the existing relationship between Onto
EV drivers need residual value protection
19 January 2023
Downward pressures on the residual values (used prices) of electric cars are intensifying. The cost-of-living crisis allied to rising interest rates for car finance is limiting the budgets of used
Finance and price key to new wave of Chinese electric cars
20 December 2022
December’s Startline Used Car Tracker research shows that a low purchase price and strong finance deal was top of five factors that would see these brands considered by motorists, mentioned
FCA confirmed as official finance provider for CAKE electric motorbikes
1 December 2022
The collaboration will see FCA Automotive Services provide Hire Purchase terms and Personal Contract Plans on CAKE models, which can be purchased online, through its growing network of UK retailers,
