Broker News Awards shapes up with Arval UK support
If you haven’t thought about entering the Broker News Awards 2023, then start to get yourself organised. We’ve got strong support already, and the first of our sponsors has been announced – thank you to Arval UK for their enthusiastic backing. We’ll be announcing more in the next few weeks.
Leasing and the cost of EVs
Transport & Environment, a European clean transport pressure group, can sometimes produce the oddest of press releases. You may have seen the headlines in the press about the high price of leasing EVs today – essentially suggesting that leasecos were profiteering thanks to strong EVs on electric cars.
I’m not sure that entirely tallies with my perception of what is happening in the UK, where latest cap hpi data suggests that lower medium EVs, for example, are down -3.5% against a market segment that’s up +3.8%.
The BVRLA’s Toby Poston has rightly taken them to task, saying: “Vehicle leasing companies have led the charge in bringing battery electric vehicles (BEVs) to market. The accusations levelled by T&E show little understanding of how this market operates.” Quite.
Ralph Morton, editor
Key stories this week
- Arval UK announced as drinks reception sponsor for the Broker News Awards – find out more here.
- Lloyds Banking Group acquires Tusker for £300m – story here.
- Automotus puts the zoom into Vavoom – read more here.
- Fleet Procure’s stock system to become standalone product – read more here.
- IML prepares for more Chinese brands as Toby Marshall becomes MD of Ora – read the story here.
- Read the full Broker News Newsletter 28 February 2023 here.
Express Vehicle Contracts named Best Independent Vehicle Leasing Company 2024 in SME UK Transport Awards
Express Vehicle Contracts named Best Independent Vehicle Leasing Company in the
SME UK Transport Awards 2024.
Optimism over Discretionary Commission Arrangements says Jonathan Kirk KC
There are three key reasons for optimism over the issue of discretionary commission arrangements (DCAs), delegates to a VRA meeting were told
Stellantis adds Chinese low-cost Leapmotor to UK brands
Stellantis will add low cost Chinese electric car maker Leapmotor to its UK brand line up in March 2025 as part of its joint venture
Fifty2One broker website business up for sale
Clitheroe based software specialist Fifty2One is offering up its leasing broker website concern for sale. Are you interested in the business?
BMW shows scorching growth in company car market
BMW is racing ahead as the company car market dominates the automotive sector according to latest SMMT stats
The Leasing.com PCH temperature check: April 2024
Leasing.com and Broker News bring you regular insight on what is moving and shaking in the PCH market. This month: April 2024
Ralph Morton is the leading journalist in the leasing broker sector and editor of Broker News, the website which provides information and news for BVRLA-registered leasing brokers. He also writes extensively on the fleet and leasing market in both the UK and Europe.