leasing
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Latest News 25 JanOnto raises £100m credit facility from CDPQ and Pollen Street
Onto has raised a new credit funding line of £100m from global investment group CDPQ and independent asset manager Pollen Street.
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Finance and insurance 18 JanWhen will car subscriptions become mainstream?
Digitalisation and flexible monthly payments or usership plans could pave the way for further innovation in the field of vehicle finance
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Finance 21 DecRenault Group dealers to support new Lease&Co finance subsidiary
Renault Group’s Mobilize Financial Services has launched Lease&Co, a new leasing subsidiary that will specialise in flexible, use-based contracts, which will be promoted and supported by the dealer networks of its Alliance brands Renault, Dacia, Alpine and Nissan.
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Market Insight 12 DecMore than half of Q3 lease enquiries were for electrified models
Electric, plug-in hybrid and hybrid vehicles accounted for more than half (53%) of business lease enquiries in Q3 2022, according to Leasing.com.
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Supplier News 23 NovDriveElectric allows customers to lease EVs online
DriveElectric has launched its new website which allows personal and business customers to lease an electric vehicle (EV) online.
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Finance 21 OctNew 12 month EV subscription scheme targets workers
A new tax-efficient short subscription scheme for electric vehicles has been launched to target company employees.
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Supplier News 19 OctLeasys Rent becomes Drivalia as FCA Bank moves away from Stellantis
FCA Bank Group has launched a new rental and mobility division called Drivalia to replace Leasys Rent.
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Manufacturer 11 OctNew Kia app paves the way for short-term car rentals from dealerships
A new Kia app has “paved the way” for more of its franchised car dealerships to offer short-term car rental services ranging from hourly to weekly vehicle loans.
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Finance 7 OctFCA Consumer Duty: time to ‘make a plan and do what it says’
Automotive retail business have been reminded that they have until the end of October to ‘make a plan and do what it says’ to comply with the Financial Conduct Authority’s (FCA) new Consumer Duty regulations.
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Supplier News 22 SepAdmiral Group launches venture capital business with Wagonex investment
Car subscription provider Wagonex has become the recipient of Admiral Group’s first investment from its new venture building business Admiral Pioneer.
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Latest News 15 SepMycardirect car subscription business hits profit targets 18 months early
AAM Group’s Mycardirect vehicle subscription business has celebrated reaching its profitability targets 18 months ahead of schedule as it celebrated two years in business.
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Manufacturer 7 SepDaimler Trucks launches new financial services business
Daimler Trucks has launched a new financial services business to help support Mercedes-Benz and FUSO trucks customers.
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Market Insight 27 Jul
Leasing: EV demand increases 72% in Q2
Demand for electric vehicles (EVs) has increased by 72% in Q2, according to leasing.com.
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Car Dealer News 22 JulSnows launches 'Snows Direct' online leasing platform
Snows Motor Group has announced the launch of its online leasing platform Snows Direct, adding to its existing online purchasing and maintenance platforms.
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Latest News 6 JulVolkswagen marks ‘mobility milestone’ with conclusion of Europcar takeover
Volkswagen is set to accelerate its car sharing and subscription services after celebrating a ‘mobility milestone’ with the conclusion of its takeover of vehicle rental giant Europcar.
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People News 30 MayVanarama CEO wins Tech Entrepreneur of the Year 22 at Go:Tech Awards
Vanarama CEO Andy Alderson has received the Go:Tech Awards ‘Tech Entrepreneur of the Year 22’ award.
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Market Insight 24 MayRetail customers turn to cheaper car leasing deals amid cost-of-living crisis
Motorists are reducing their travel expectations and leasing more affordable new cars over longer periods in response to the emerging cost-of-living crisis.
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Supplier News 19 MaySelect Car Leasing partners with Egg
Select Car Leasing has agreed a partnership with sustainable energy solutions provider Egg to become an official partner for EV charging point subscriptions.
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Market Insight 8 AprLease enquiries up 44% at Carwow
Demand for vehicle leasing is growing rapidly among Carwow customers, with new data showing lease enquires have risen 44% year-on-year.
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Finance 29 MarLeasing makes electric cars more affordable than PCP, study finds
A leasing business has analysed pricing data and found that driving a battery electric car on a lease is cheaper than funding the EV on PCP (personal contract purchase).
