First signs of a changing market
Having cold-shouldered fleets during high demand but scarce vehicle availability, it seems OEMs are now cozying back up to the stable and dependable fleet market channel as retail demand begins to soften. This is clearly good for vehicle-starved fleets on contract extensions, but as our analysis shows, even with agency around the corner, old habits remain. Which is no bad thing for brokers, of course.
Talking of a changing market, by the end of this year, ALD plans to have its acquisition of LeasePlan all wrapped up. We know it will create the largest leaseco in the UK. But how will it manage its dual broker channels? Something for 2023 I suspect.
Congratulations Skyfleet
Anybody who has run their own business knows it’s pretty significant to make five years’ trading…getting to 10 years makes you feel established. But 25 years? That’s some shift. Congratulations to Paul Isaacs and the whole Skyfleet team.
Ralph Morton, editor
Key stories this week
- November new car market – more push than pull? – read our analysis here.
- ALD gets greenlight for LeasePlan acquisition – story here.
- Skyfleet celebrates 25 years – read the story here.
- Navigating the pitfalls of salary sacrifice – read the story here.
- Gofor Finance demonstrates its salsac proposition at EV Show – read the story here.
- Read the full Broker News Newsletter 06 December 2022 here.
Select Fleet Solutions – Eton celebrates 25 years
Select Fleet Solutions – Eton Office, formerly Benchmark Leasing, is celebrating 25 years in the leasing broker sector
Wessex Fleet chooses MotorComplete broker platform for ARs
Wessex Fleet has selected the MotorComplete broker platform to provide websites for the Wessex Appointed Representatives (ARs)
New executive appointments in the fleet and leasing broker sector
There have been a raft of new appointments in the fleet and leasing broker sector, including the appointment of Ian Jeffery at PHVC
Broker News Awards 2024 in pictures
The Broker News Awards 2024 took place at the Orrery in London’s Marylebone. Here are the pictures to remember the event
Broker of the Year 2024 winner profile: Synergy Car Leasing
Synergy Car Leasing was voted Broker of the Year 2024 by the judging panel – here’s the winner’s profile supported by Leasing.com
Broker News Awards 2024 – the winners
The Broker News Awards 2024 – supported by Fleet Procure – produced outstanding winners, with Synergy taking the Broker of the Year title
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.
