News
Maven leads £7 million investment in electric vehicle specialist AVID Technology
Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has led a £7 million investment in Northumberland based AVID Technology Group…
Impatient car-parkers spell trouble ahead for driverless cars
Motorists are shunning self-driving systems on cars because they believe that they can do a better job themselves. Most owners say that they never use…
UK new van market stable in February
The UK new light commercial vehicle (LCV) market remained stable in February, with year-on-year demand growing by 1.8%, according to the latest figures released today…
One in four put off learning to drive due to excessive insurance costs
With one in four parents (24 per cent) admitting the high cost of car insurance is putting them off encouraging their child to learn to…
Growth in personal contracts bolsters resilient leasing sector
The latest BVRLA data suggests the leasing sector is outperforming the wider car market as Brexit concerns undermine business confidence. The association’s Q4-2018 Quarterly Leasing…
UK new car market stable in February, as EVs shift up a gear
The UK’s new car market enjoyed marginal growth in February, up 1.4% following five straight months of decline, according to the latest figures released today…
Latest developments in leasing company remarketing to be discussed at VRA’s March meeting
The latest developments in leasing company remarketing is the theme of the Vehicle Remarketing Association’s next meeting, taking place on 14 March at GEFCO in…
The Goodyear AERO – A Concept Tyre for Autonomous, Flying Cars
Goodyear introduces its latest concept tyre at the 2019 Geneva International Motor Show The Goodyear AERO concept is a two-in-one tyre designed for the autonomous,…
Fleet Service GB delivers clients with intelligent integrated dashboards
Intelligent integrated online dashboards delivering real-time critical headline data on vehicles and drivers to the fingertips of fleet managers and the ability to drill down…
BMW moves ahead consistently with electrification
Premium automobile manufacturer BMW is consistently moving ahead with the electrification of its drive portfolio and now presents its latest plug-in hybrid models at the…
Dyer & Butler achieves FORS Gold status
Dyer & Butler, a part of M Group Services, has achieved the Fleet Operators Recognition Scheme (FORS) Gold accreditation status for the second consecutive year.…
‘No more excuses’ for motor finance sector
The Financial Conduct Authority (FCA) needs to ramp up its work in the motor finance sector, particularly around unfair commission models. Responding to the FCA’s…
Porsche in tax investigation probe
Porsche said it was cooperating with German prosecutors to clear up investigations into alleged tax debts related to early retirees and taxable benefits enjoyed by…
Road safety enters new dimension in Westminster
The UK’s first 3D zebra crossing – designed to give the impression that passing vehicles are about to drive over a ramp – has been…
The Deritend Group renews fleet management agreement with CBVC Vehicle Management
The Deritend Group has signed a new four-year fleet management agreement with Burton upon Trent-based CBVC Vehicle Management, the fourth between the two companies in…
Demand for short-term leasing to rise
Demand-based short-term car leasing utilising a subscription-style funding solution is anticipated to increase in popularity as a lack of confidence continues to undermine business willingness…