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.
Alpha Contracts Leasing celebrates 27 years in business
Leasing broker Alpha Contracts Leasing has just celebrated 27 years trading – set up in 1997 by co-owners Lynette Randall and Samantha Miles
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
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.