Franchised car retail groups are choosing to exit the UK fleet sector as their leasing divisions attract big offers from banks and car manufacturers amid a squeeze on profits from their core retail operations.
Hyundai Motor UK is offering customers awaiting delivery of its Kona EV electric vehicle access to a short-term lease giving access to an Ioniq EV hatchback in a bid to mitigate the effects on long lead times.
The Financial Conduct Authorities (FCA) Motor Finance Review has finally arrived. The eagerly awaited and long overdue investigation into auto finance has revealed what many in the industry had predicted.
The British Vehicle Rental and Leasing Association (BVRLA) has published its new Mobility Credits Scrappage Scheme policy paper which urges Government to incentivise a move away from vehicle ownership.