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.
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
Broker News Newsletter 24 April 2024
Catch up on the latest leasing broker news in the 24 April 2024 Broker News newsletter
Leasing broker fleet down, but BCH is rising: analysis of BVRLA broker survey H2 2023
Analysis of the BVRLA leasing broker survey for H2 2023 shows the broker fleet is down, but BCH is on the rise
Novuna Vehicle Solutions and Select Lease by Mobilize add support to the Broker News Awards
Novuna Vehicle Solutions and Select Lease by Mobilize add support to the Broker News Awards 2024, which takes place in London on 25 April
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.
