News - Broker News

News 10 hours ago

Fleet Alliance climbs the UK’s Best Places to Work rankings

GLASGOW based leasing broker Fleet Alliance has been listed in the UK’s Best Places to Work for the ninth year in a row. The fleet management specialist also climbed the rankings in the medium sized businesses (51-250 employees) category, moving up 13 places from last year. The rankings are based on an audit of staff along with a Culture Audit which evaluates…

News 10 hours ago

Subscription service expands with Avalon Vehicle Rental purchase

THE Mycardirect car subscription service, run by former Free2Move and Daimler Fleet Management executive Duncan Chumley, has purchased a vehicle rental service: Avalon Vehicle Rental. The company has now been rebranded to Mycardirect Rental. Mycardirect says the expansion is tactical as it plans greater flexibility for customers. I am very excited about the new Mycardirect venture which combines subscription and rental to…

News 11 hours ago

Synergy’s first TV advert part of investment growth plan

HARROGATE leasing broker, Synergy Car Leasing, says its first TV advert is part of its planned growth strategy, cemented when Newable invested in the company. The TV ad, with a humourous approach emphasising the brand’s Feefo trust score, is currently playing out through Yorkshire before running nationally on Sky TV. Paul Parkinson said the television airtime was planned to increase the brand’s…

News 21 hours ago

New AI driven digital inspection tool takes pressure off end of lease issues

A BRAND new digital inspection tool called PAVE could be the answer for end of lease disputes. Developed in Canada, PAVE uses AI and machine learning to understand the pictures it sees of vehicles and assesses vehicle condition – and, importantly, whether rectification is required. What’s more there is no app that a driver has to download. A text is sent to…

News January 15, 2021

Scottish car deliveries safe despite ban on click-and-collect

FEARS that brokers would find customer car deliveries in Scotland in a logjam – similar to the state of affairs in March when lockdown 1.0 was introduced – have been been played down. Scottish First Minister, Nicola Sturgeon, announced a ban on all non-essential click-and-collect deliveries from 16 January, 2021. It created an immediate issue for car dealers in Scotland who believed…

News January 13, 2021

Quotevine rebrands: it’s now QV Systems

QUOTEVINE is no more. The automotive software supplier has renamed itself to QV Systems. Not content to just change the company brand name, Quotevine – or QV Systems – has changed the name of its ‘Quotevine Platform’ to ‘Accelerate’. “As a business that strives to innovate, we are constantly looking for ways to benefit the industries we operate in,” explained the CEO…

News January 12, 2021

DriveElectric predicts 200,000 EV sales in 2021

THE market for electric vehicles (EVs) in 2021 will be 200,000 – representing a 100% increase on the 2020 figures. The market prediction has been made by EV broker specialist Drive Electric. In 2020, EVs accounted for 108,205 registrations according to latest SMMT data, an increase of 185.9% while taking a 6.6% market share. DriveElectric says it uses its own model, built…

News January 9, 2021

Morris moves from Mercedes to Volvo as head of fleet

ROBERT Morris has moved from the Mercedes-Benz fleet department to take up the appointment of head of fleet and remarketing at Volvo. Morris takes over from Steve Beattie who has been newly appointed to head of sales. Morris will report to Matt Galvin, the commercial operations director. In his new role, Morris will be responsible for all Volvo’s business sales, including to…

News January 5, 2021

Gary Curran appointed Kia’s new leasing and rental manager

GARY Curran has been appointed Kia’s new leasing and rental manager, effective January 2021. The appointment follows a successful period as RV & fleet operations manager at the Korean brand. Kia said that the appointment of Curran would enhance Kia as a key player in the fleet market. Gary has been an important member of our team already. After three years of…

News January 5, 2021

O’Connell leaves Agility Fleet to head up sales on new mobility platform

LEE O’Connell, the former sales director at Agility Fleet – a funder to the broker network – has left the leasing company to head up the sales function at the brand new mobility platform SOGO. O’Connell has been appointed sales director of SOGO, which is offering flexible business subscriptions, to expand the operation’s sales performance. SOGO is headed by former Citroen MD…

News January 5, 2021

Synergy appoints former Tusker executive as chief financial officer

SHOWING the continuing ability of leasing brokers to attract top talent, Synergy Car Leasing has appointed its first chief financial officer. David Brockwell (pictured above right with Paul Parkinson, founder and CEO of Synergy) joins the Harrogate broker having spent 12 years at Tuskerdirect as first CFO and then COO before most recently working as a fleet consultant. Brockwell’s appointment is part…

News, Trending January 2, 2021

LCV Finance & Leasing becomes a Bridle franchise

SPECIALIST commercial vehicle broker, LCV Finance & Leasing, has become a franchise of the Bridle Group. The Hertfordshire-based broker started trading as a Bridle Appointed Representative from the beginning of December 2020. Originally an AR of Kew Vehicle Leasing, LCV Finance & Leasing began the transition to Bridle when Kew was purchased by the Group at the end of September. Stuart Gazeley,…

News December 23, 2020

Select Car Leasing wins best Platinum partner for second successive year

READING based broker, Select Car Leasing, has pulled off a significant double: winning LeasePlan’s Platinum Franchisee of the Year for the second year in a row. The Platinum Franchisee of the Year award, from broker funder LeasePlan, measures performance across new business volume, year on year growth, along with maintenance and tactical sales penetration. These measures are then aggregated to determine an…

News December 22, 2020

Fleet Procure hits 50 broker partners

THE broker/dealer procurement platform, Fleet Procure, has hit a half century of broker partners. The significant growth for the online platform came in the second half of 2020, said Fleet Procure, with a further boost in December with the signing of 10 new broker partners, five of which were Bridle Group AR franchises and five independent brokers. It is double the projected…

News December 22, 2020

SsangYong files for receivership

ACCORDING to a report in Automotive News Europe yesterday (21 December 2020), Korean car maker SsangYong has filed for receivership. The decision was made after SsangYong was unable to meet a repayment of 60 billion won (about £45.5m) due to worsening trading conditions. An official communique said the business was undergoing an Autonomous Restructuring Programme. SsangYong is 75% owned by Indian OEM…

News December 22, 2020

Leasewell becomes a Select Car Leasing AR

BRIDGEND broker Leasewell has announced it is becoming a Select Car Leasing Appointed Representative. The van specialist will rebrand to Select Car Leasing and benefit from the greater reach and wider funder access of one of the largest brokers in the UK. Leasewell director Ian-Evans Piper said: We see this as a fantastic opportunity to combine our experience and knowledge with the…

News December 17, 2020

Cazoo buys Drover car subscription business

THE online used car retailer, Cazoo, has bought car subscription service provider Drover. Cazoo said it had planned to launch its own subscription service late in 2021 but said the acquisition will accelerate its plans in the fast-growing Cars-as-a-Service (CaaS) market. Drover offers users a single monthly payment to include car, maintenance, service, tax and breakdown cover. It also the white lable…

News December 15, 2020

Mercedes plans EV model avalanche

MERCEDES-BENZ has been relatively quiet in the EV space. While the EQC has been coming on stream recently – and quite impressively according to Fleet Procure at number three in the procurement platform’s top-selling models – and there has been plenty of PHEV model choice, the EV game has been a range of one. Until now. Mercedes is launching an onslaught of…

News December 15, 2020

Silverstone goes Platinum

NORTHAMPTON broker Silverstone Fleet Management has been awarded the prestigious Platinum franchisee status from LeasePlan. Platinum franchisee status is highly coveted and is only given to a small number of UK brokers in recognition of both their performance levels and commitment to excellence. Scott Norville, managing director of Silverstone Fleet Management, commenting on gaining Platinum status, said: To have been granted LeasePlan…

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