VOLKSWAGEN edged Hyundai to head the most ordered brand on the Fleet Procure platform during August.
According to MD Lee Jones, one in three vehicle orders was either a Volkswagen or a Hyundai.
The fuel split, said Lee, was:
- 33% EV
- 3% PHEV
- 16% Hybrid
- 48% ICE
“Although only a one month picture, one in three sales being an EV shows the importance of the leasing broker market for OEMs striving to achieve the 22% ZEV mandate this year,” continued Lee. “As a YTD picture2024 is currently running at 29% EV and I am forecasting a 32% year-end result.”
Greenhous Group was the top performing retailer on the platform, followed by J T Hughes and Holdcroft Motor Group.
August 2024 Top 10 Brands
1 Volkswagen 570
2 Hyundai 553
3 Nissan 367
4 Peugeot 277
5 Ford 256
6 Citroen 171
7 BMW 162
8 Skoda 148
9 Vauxhall 147
10 Audi 133
Source: Fleet Procure
Broker News Newsletter 4 February 2025
Catch up on the latest leasing broker news in the 4 February 2025 Broker News newsletter
VW, Peugeot and BYD the big winners in January’s new car sales
The overall January 2025 car registrations fell 2.5% against last year but the performance of Volkswagen, Peugeot and BYD stood out.
Funder Alphabet wants Government to raise the EV Expensive Car Supplement threshold to £60,000
Alphabet wants the Government to raise the level of the Expensive Car Supplement for EVs to £60,000, rather than the planned £40,000.
Wessex Fleet powers relaunched AA Lease website
Wessex Fleet Solutions has been chosen to power the relaunched AA Lease website, with 36 models available and 1,000 vehicles in stock.
Broker News Awards 2025 – booking now open
Tickets to this year’s Broker News Awards are on sale now, taking place at the Orrery restaurant in Marylebone on 03 April.
January used car market 2025 – signs of significant uptick
The January used car market shows significant improvements compared with December, says cap hpi.
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.
