Volkswagen expects the global market for mobility services to grow rapidly spearheaded by new acquisition Europcar
Volkswagen to swap volume for premium margins in the future – what’s the impact for leasing brokers?
Volkswagen’s CFO says it expects the company to swap volume aspirations for the premium market. What’s the effect on leasing brokers?
THE French financial regulator has approved the takeover of Europcar by a consortium led by Volkswagen. According to an official statement, the French market regulator AMF (Autorite des marches financiers) has approved the takeover offer from Green Mobility Holding SA. The start of the acceptance period for the tender of shares in Europcar Mobility Group will be announced by the AMF. Green…
ROD McLeod will be leading the Volkswagen brand into 2022 when he takes over as director from 02 January, 2022. He replaces Andrew Savvas who is moving to an executive position with Volkswagen America. McLeod, who has spent the last five years heading up Skoda in the UK, commented: “Volkswagen has transformed itself in recent years into the leading volume brand for…
ELECTRIC vehicles took a drop in demand following the government change to the Plug-in Car Grant on 18 March 2021. But the change in EV orders – down by 24% – was described as ‘soft’ by Fleet Procure, the broker fleet procurement platform. Utilising the intelligence of its 61 broker database, Fleet Procure said that VW ID.4 sales were ‘fantastic’ pre-grant but…
VOLKSWAGEN has released the first design sketches of its all-electric SUV, called the ID.4. Due to arrive in the UK mid 2021, the new ID.4 will battle for sales in the compact SUV sector. SUVs still set the sales trend, with SUVs capturing 42% of total registrations (530,800 units) in July’s European sales figures according to JATO. Although midsize SUVs slipped -6%,…
THE upmarket London plumbing firm has ordered 100 Volkswagen Transporter 6.1 vans. The fully liveried vans will be delivered in batches of 10 units and will make the firm compliant with the current Ultra Low Emission Zone (ULEZ) requirements for London. The Transporters feature bespoke conversions, including Fleet Shield roof racks, an on-call light box, Track Vine Telematics for fleet, a wash…
VOLKSWAGEN dealers in Germany will be selling the new electric ID.3 under an agency agreement, according to industry magazine Auto Retail Agenda. Apparently it was part of a pan-European dealer agreement but the UK has agreed to retain the franchise model – at least for now. The Auto Retail Agenda report says that there is no guarantee VW won’t switch at a…