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Today in Fleet: Monday 8 May

All the key news in fleet…

Volvo XC90 D5 Inscription

XC90 D5 PowerPulse Momentum will have an RV of 48.7% after three years / 60,000 miles.

Volvo models score highest-ever RVs

Volvo’s S90, V90 and XC90 have all received the brand’s highest-ever residual values in their respective segments.

The figures from CAP HPI‘s Gold Book in May indicate that the XC90 D5 PowerPulse Momentum will be worth 48.7% of its original price after three years and 60,000 miles – ahead of the equivalent Audi Q7, BMW X5 and Mercedes-Benz GLE models.

And CAP HPI also forecasts figures of 41.2% and 41.8% for the V90 D4 Momentum and Inscription variants and the 39.8% for the S90 D4 Momentum, making them highly competitive compared against rivals.

Fuel pump

Fleets and drivers are set to benefit from a further round of supermarket fuel price cuts.

Fuel prices slashed further

Supermarkets have slashed their fuel prices for the second time in a week.

Announced late on Friday, the move saw Morrisons then Sainsbury’s commit to a second drop of up to 2ppl for diesel and unleaded after oil prices fell sharply Thursday. The news follows Wednesday’s move to cut 2ppl off diesel and 1ppl for unleaded. However, Tesco, which also dropped its prices Wednesday, has not announced a further drop.

Asda, which had not implemented the previous pricing cut, has also now cut prices by up to 3ppl off diesel and 1ppl off petrol.

ibiza

SEAT Ibiza will be available to test drive at Fleet Show on 10 May.

Pricing and specification announced for new SEAT Ibiza

SEAT has opened UK order books for the new Ibiza, which is priced from £13,130. 

Avaiable for exclusives first drives at the Fleet Show and in showrooms from 21 July, the latest Ibiza debuts the new Volkswagen Group MQB A0 platform and is available in five-door format only with a choice of five trim levels and four petrol engines. 

Standard kit includes air con, electric front windows, automatic headlights, Bluetooth and advanced safety features including Front Assist.

Alphabet

Alphabet has returned to using Chargemaster as its official EV charging partner.

Alphabet returns to Chargemaster

Alphabet GB Limited has returned to using Chargemaster as its official electric vehicle charging partner in the UK, following a formal tender.

Alphabet has a fleet of 8,000 electric and hybrid vehicles and says it was responsible for over 10% of all OLEV-grant eligible vehicles in the UK last year.

Kirkstall forge building

Zenith’s new space is over the top three floors of the Kirkstall Forge development.

Zenith moves to new low carbon headquarters

Zenith Vehicle Contracts is moving its headquarters to a new site in Leeds as it looks to enhance its eco credentials.

The new 45,000 sq ft offices, which form part of the Kirkstall Forge development, are designed to meet achieve an excellent rating under the BREEAM (Building Research Establishment Environmental Assessment Method) sustainability assessment method and are also working toward a low or zero carbon rating. Solar panels are installed on the roof and a new energy strategy is being deployed while the development will also feature running and cycle routes.

For more of the latest industry news, click here.

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Natalie Middleton

Natalie has worked as a fleet journalist for 14 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie works across the magazine portfolio and updates the company websites with daily news, interviews and road test content.


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