SOCIETE Generale’s leasing arm, ALD Automotive, has signed a memorandum of understanding to purchase LeasePlan for nearly €5bn. The newly combined company will be led by Tim Albertsen, pictured above, as CEO. The combined vehicle parc of ALD (1.68m) and LeasePlan (1.8m) would make NewALD a truly global player with 3.5m vehicles in the mobility sector, positioned to take advantage of the…
GOFOR Finance has made a significant senior hire with the appointment of Shona Smith (pictured above) as head of marketing, effective January. The former head of marketing planning and performance at Tesco Bank joins the Edinburgh-headquartered leasing broker to hone the company’s marketing strategy for the provision of SME vehicle funding. We are delighted to welcome Shona as we wanted a driven,…
GLASGOW-based leasing broker Fleet Alliance has commenced the electrification of Pinnacle Group’s fleet of 500 diesel vans. Pinnacle Group, a facilities management company operating from 100 sites nationally, will start its decarbonisation programme with the delivery of 33 Nissan eNV200 commercials as part of its ‘Project Electrify’. This will be followed by a number of electric Citroen e-Berlingo vans. The company is…
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CONGRATULATIONS to Ian Ball, who has been appointed general manager at the Cheshire leasing broker Tilsun Leasing. The highly experienced former sales manager will now be responsible for overseeing the 14 sales staff – including new sales manager David Swift – while also handling procurement, batch deals, compliance and broker processes at Tilsun. Ian said the business – owned by Ogilvie Fleet…
THE national used car manager for Skoda – Barney Butterell – has joined new low cost van retailer Innovation Automotive as head of sales. Innovation Automation debuted at the CV Show in 2021 and will initially bring in electric Chinese van brands DFSK and Skywell. These will be followed by as yet undisclosed electric car brands. Barney first joined the Volkswagen Group…
FLEET Alliance has appointed Mark Roberts to the newly-created role of salary sacrifice product manager. Mark joins the Glasgow-based leasing broker from Zenith where he was most recently customer relationship director responsible for both corporate and salary sacrifice sales. Our main focus will be the SME sector, where many of the larger players don’t want to play. Our USP will be the…
THE government has dropped the Plug-in Car Grant (PICG) from £2500 to £1500 as of 0700 today (15 December, 2021). The grant will now cover 35% of the purchase price. The change also lowers the qualifying cost of the grant from £35,000 to £32,000 of the recommended retail price inclusive of VAT and delivery fees. Plug-in Van Grant changed, too Not only…