r2c’s figures, based on more than 30,000 records across accident damage and unscheduled repairs, show that there has been a general improvement across the board when it comes to delays as a result of parts availability and shortage of labour – two issues that have plagued the SMR sector for the past few years.
By Chris Wright|2023-11-28T15:50:41+00:00November 28th, 2023|
Introducing an increasing number of plug-in hybrid and fully electric battery vehicles for private or business rental – including the Tesla Model 3, MG4, ORA Funky Cat and the high-spec Mercedes Benz EQ electric range – Europcar is helping motorists try EV technology before making a long-term commitment.
By Chris Wright|2023-11-01T09:43:15+00:00November 1st, 2023|
Leasys' transition towards a more sustainable mobility future is not limited to replacing vehicles. It encompasses a collaborative effort among diverse stakeholders from industry, institutions, and services, along with fostering a shift in our collective environmental consciousness.
By Chris Wright|2023-10-31T09:50:24+00:00October 31st, 2023|
Certification required the full commitment of the team at SOGO and the cooperation of the company's supply chain. The verification was completed by an independent auditor and enables the company to comprehensively monitor its carbon emissions as a business.
By Chris Wright|2023-09-22T10:15:20+01:00September 22nd, 2023|
Fleet management software specialist FleetCheck said that cars across its user base are now generally being operated for close to five years compared to 3-4 previously, while vans have moved from around 5-6 to up to 7-8. Post-Covid shortages have meant most fleets have been forced to operate vehicles for much longer than originally planned and, in the process, have learnt that they can be safely and economically be operated on longer cycles.
By Chris Wright|2023-09-18T13:24:38+01:00September 18th, 2023|
New company combines the brand recognition and expertise of one of the UK’s leading Contract Hire brokers with the financial strength of Mobilize Financial Services UK services will include full multi-brand car and van leasing solutions, for private and business customers alike.
Tusker, which has been part of the Lloyds Banking Group since February this year, has also had a record-breaking first half of 2023, having delivered more than 8,500 brand new vehicles in the six-month period. This brings its overall fleet size to more than 29,000 vehicles for the first time. Of these, 86% electric vehicles - more than 6900, were delivered.
New collaboration sees Alphabet working closely with leading EV charging provider E.ON to ensure corporate, public sector, and SME customers continue to get the expert support and best-in-class solutions they need to decrease fleet carbon emissions and choose greener, more efficient vehicles.
Wessex Fleet found that 24% of company car drivers are on target to breach their mileage limits and incur excess mileage charges.
The expected charge for each of these drivers, based on a fee of 32p per mile above the pre-agreed limit, is a staggering £8,981.
Latest analysis from Fleet Evolution shows that an electric car leased through a salary sacrifice scheme can not only save income tax but it can, for employees with children, also help protect valuable childcare benefits. An employee with three children and earning £48,000 a year, would be earning an estimated £55,000 in 2027/28, based on average 5% annual pay increases. This will take them into the 40% tax band and means they lose 50% of their childcare benefit, roughly on average £120 a month, as this is index linked.
Move is prompted both by both electrification and the general ageing of the fleet vehicle parc that was currently underway. There’s a growing perception among fleets that what they are being charged for SMR by third parties, especially leasing company maintenance packages, is overinflated and outweighs any expertise that third parties bring when it comes to SMR buying.
Garages and workshops – from small independents to franchise dealers and repairer networks to fast-fits – are facing similar problems to almost every other part of the motor industry. Getting hold of many parts is difficult while finding trained staff is challenging. These facts are having a direct impact on fleet VOR times and are not the fault of suppliers.
RESEARCH from Churchill Expert, Direct Line Group’s flexible fleet insurance provider, reveals a quarter of London based drivers whose current vehicle doesn’t comply with the emissions standards for the expanded Ultra Low Emission Zone (ULEZ) are planning to switch to a compliant model.
Calculator has been created by AFP member David Watts of Volkswagen Financial Services Fleet and plans are underway to make the data it produces widely available across the membership body. It shows potential pence per mile costs for more than 70 models, comparing a variety of home and public charging tariffs in a variety of weather conditions against the current nine pence per mile Advisory Electricity Rate (AER) rate from Her Majesty’s Revenue and Customs (HMRC).
Alphabet’s latest business figures indicate awareness and demand for sustainable, alternative fleet options continue to build at pace. Its eMobility segment once again showed strong growth in share in 2022. The company’s electrified vehicle portfolio has enlarged substantially over the last three years and last year was no exception with 53,500 vehicles hitting the road. Electrified vehicles accounted for 31% of total new business in 2022 and today, one in three Alphabet vehicles is either partially or fully electric.
Drivers are also allowed to add their own contribution to cars of up to 20% and many have chosen to do this, especially in relation to a new 90 car Tesla opportunity that Arval has been able to secure. This is especially attractive because the cars are price protected.
Hosted by Andrew Leech, founder and managing director at the EV salary sacrifice and fleet management specialist, who has over a decade’s experience of running an electric car himself, the latest in a series of webinars begins on Friday February 3rd at 1.00pm. It then continues on Tuesday evenings at 7.00pm before repeating on subsequent Fridays at 1.00pm.
By Chris Wright|2023-01-25T09:45:37+00:00January 25th, 2023|
For vehicles registered between October 2018 and October 2020, there is almost no difference between the average distance to date that each fuel type has covered – with electric vehicles (EVs) at 17,774 miles and internal combustion engine (ICE) cars at 17,222.
By Chris Wright|2023-01-19T10:50:30+00:00January 19th, 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 car buyers, while the growing supply of used electric cars risks temporarily exceeding demand.
By Chris Wright|2023-01-19T10:39:12+00:00January 19th, 2023|
Car rental is a cost-effective solution to buying, but outside of the booking prices of the vehicle you’re after, there’s still a lot of budgeting to consider. Co Wheels, the hourly car rental business looks at the budgeting you need to plan before tackling the open road. Hiring a car to use on a need’s basis could be a great alternative to owning one, but could on-road charges make it less convenient on your wallet?
By Chris Wright|2023-01-17T11:45:49+00:00January 17th, 2023|