Broker sector looks to thrive on new acquisitions and funders
The leasing broker sector may be undergoing significant challenges at the moment, but you can’t help feel that at the end of this year the market will be stronger and fitter as it matures. Congratulations first of all to Tilsun for its acquisition of Glasgow broker First Vehicle Leasing, something of a full circle for MD Andy Bell.
And welcome to Drivalia as the funder enters the broker market looking for new broker partners for an ambitious programme of growth.
2023 has only just started – but it’s looking fun already!
Britishvolt calls in administrators
Just as we were going to press came news that the proposed gigafactory in Blythe, Northumberland, has gone into administration. More details here: Britishvolt goes into administration.
Ralph Morton, editor
Key stories this week
- Tilsun buys First Vehicle Leasing – read our story here.
- Drivalia: a new funder for the broker market – story here.
- New car supply beginning to ease; Tesla drops prices – read analysis here.
- Arval invests in 10k solar electric vehicles – read the story here.
- Greg Taylor: new managing director of Citroen – read the story here.
- Read the full Broker News Newsletter 17 January 2023 here.
Select Car Leasing heads BN25 table with astonishing 34,000 sales
Select Car Leasing was named the biggest leasing broker by sales volume at the inaugural BN25 event on 5 February 2026
Broker News Newsletter 03 February 2026
Catch up on the latest leasing broker news in the 03 February 2025 Broker News newsletter
ZEV mandate continues to put EV residual values under pressure – Indicata
The ZEV mandate is set to continue as the UK’s biggest risk to future EV residual values according to Indicata’s latest report
January used retail prices surge; diesel and hybrid best performers
January saw average used retail advertised prices climb across almost all sectors, with diesel and hybrid the strongest performers
Lepas will be Chery’s fourth brand in the UK
Chinese automotive giant Chery will launch a fourth brand in the UK later this year called Lepas
A positive start to the year for the leasing broker community
Vince Pemberton, Chair of the BVRLA Leasing Broker Committee, reports on the first committee meeting under his leadership
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.
