The recent lockdown has given us a glimpse of what a greener future could look like. With plans for Clean Air Zones in cities across the UK firmly on the table, demand among businesses for their fleets to have the newest and cleanest vehicles is continuing to rise
Leasing is a good option for individual motorists and businesses looking to spread the running cost of a new car, and those who move into an EV could enjoy additional cost savings throughout its lifetime, including cheaper ‘fuel’ costs and VED, as well as low Benefit-in-Kind for company car drivers.
Vehicle makers, the SMMT and dealers have been calling for discounts or a scrappage scheme to help boost sales following months of pandemic shutdown.
Logistics companies have ceased deliveries to protect drivers as well as to adhere to the Government’s wishes to cut unnecessary journeys.
Philip Nothard, Customer Insight and Strategy Director for Cox Automotive, said that ongoing environmental pressures on fleets to renew, coupled with positive pricing in the wholesale markets, may also lead to a flood of de-fleeted vehicles in the new financial year.
Car figures were up by 10.4% in April according to SMMT figures. But how does this impact the leasing broker sector?
THE CO2 emissions from vehicle exhausts rose for the first time in two decades last year as car buyers shunned diesel engines. The Society of Motor Manufacturers and Traders (SMMT) said realistic policies from the [...]
SMMT 2017 registrations key points Market down 5.7% in 2017 New car market still third biggest in a decade at over 2.5 million vehicles. Diesel demand down 17.1% December was ninth consecutive month of decline, [...]
A ROGUE algorithm went off-grid and caused a massive crash in Q2 used car sales. A slightly embarrassed Society of Motor Manufacturers (SMMT) has admitted that its statistics published last week showing a record-breaking 13.5 [...]
SMMT key points of April registrations New car registrations fall -19.8% to 152,076 units as market reflects Vehicle Excise Duty (VED) changes First downturn in alternatively fuelled vehicle segment for 47 months as hybrid demand hit [...]
SMMT New Car CO2 Report UK average new car CO2 falls to new low of 120.1g/km, down -1.1% on 2015 and more than a third since 2000. New van CO2 emissions decline -1.9% to 173.7g/km – [...]
DEMAND remained strong throughout 2016 to drive record used car volumes according to automotive data experts cap hpi, with the market set to exceed 7.7m vehicles for the year. This would beat 2015's figure of 7.2m and [...]