News

Daimler lead investor in £25m funding round for carwow

Carwow

CARWOW has announced a strategic funding round of £25 million to accelerate growth, with Daimler AG as lead investor. Existing investors including Balderton Capital, Accel, and Vitruvian Partners have all committed to reinvest. The capital raised from the strategic funding round will unlock further growth for carwow, the online platform which allows customers to compare and buy new and nearly-new cars as…

BVRLA’s Jay Parmar set to leave for chief executive role at JIB

BVRLA Jay Parmar

JAY Parmar has been announced as the new chief executive of the Joint Industry Board for the Electrical Contracting Industry (JIB). Due to start on October 01, 2019, Jay will replace Steve Brawley who retires after 11 years in the role. Familiar to so many of those in the vehicle leasing industry, Jay moves to the JIC from his role as director…

Fleet Alliance launches new website

New Fleet Alliance website

GLASGOW-based Fleet Alliance launched a new-look website this week. The website continues its previous fleet management approach to the market, but has sign-posted readers more clearly based on their fleet requirements: SME, corporate and strategic. It has also added more personalisation and areas of engagement than the previous site, plus case studies. Head of marketing, Marc Murphy said: “The freshly designed web…

Reading FC renews Select partnership

Select ReadingFC partnership - BrokerNews

SELECT CAR Leasing has renewed its partnership with Reading Football Club for the forthcoming 2019-20 season. The Reading-based leasing firm has sponsored the dugouts at the club’s Madejski Stadium for almost four years. Select Car Leasing has two sites in Reading, a shopfront in the town centre and a newly renovated state-of-the-art head office at Green Park, next-door to the Madejski. Mark…

Drive style monitoring fitted to all Mercedes-Benz Vans

Mercedes Vans drive BrokerNews

MERCEDES Benz Vans has added drive style monitoring software to all new Sprinter and Vito Tourer vans as standard. Increasing numbers of customers are using software to monitor their driving standards. Mercedes Benz offers three years’ free usage with models built since May 2019. In the case of the Sprinter, the Mercedes Pro Connect system can be retro-fitted remotely, using over-the-air updates.…

Fleets to use range of fuels, says Arval

Alt Fuel Volvo BrokerNews

FLEETS in the future will use an increasingly broad range of fuels according to new research from the 2019 Arval Mobility Observatory. An uncertain future for diesel remains, despite technology making the new vehicles cleaner than ever. Alternatively-fuelled vehicles will see the biggest gains. Almost 30% of fleet mobility managers said they would continue to reduce the number of diesels operated, with…

Audi launches lower cost e-tron 50 quattro

Audi etron 50 quattro BrokerNews

A NEW entry-level Audi e-tron has been released, featuring a smaller range at a lower price. Set to sit below the existing e-tron 55 quattro, the new model will be able to cover up to 186 miles on a single charge. This is because the e-tron’s battery is reduced to 71 kWh from 90 kWh. The e-tron 50 retains its Quattro set-up,…

Volvo adds ‘big data’ to every new model

Volvo data alert BrokerNews

VOLVO is fitting a data SIM as standard to all new models in the UK, boosting in-car connectivity for customers. With access to up to 100GB of data for the first year, the system will be included free of charge with all new Model Year 2020 cars going forward. It can also easily be retro-fitted to ‘MY20’ cars already with customers. Backed…