MSPE to buy majority stake in Zenith
The acquisition will be made from funds advised by Barclays Private Equity and Zenith management and will give MSPE a 60 per cent stake, with Zenith’s … Read More »
VW completes acquisition of Italdesign Giugiaro
Volkswagen now holds a 90.1% stake in IDG, with the purchase made through Lamborghini, while the remaining IDS shares remain with the Giugiario family. IDG was … Read More »
Dan Akerson announced as next GM CEO
Mr Whitacre will be replaced by Dan Akerson, who has served on the GM board of directors since July 2009, who will become CEO on 1 … Read More »
Alphabet portfolio remains constant in 2009
The fleet service provider said that it consolidated its overall results in 2009 at 320,000 contracts in a European new business market that dropped by 22.4%. … Read More »
India's Mahindra declared preferred bidder for Ssangyong
Mahindra is set to take a controlling stake in Ssangyong, which was put into receivership in January 2009, by November for an undisclosed amount. Under preferred … Read More »
New survey to open motorists' eyes to environmental effects of hand washing cars
According to the research released by Total UK and supported by TheGreenCarWebsite.co.uk, over half (51%) of British motorists regularly hand wash their cars in the mistaken … Read More »
Leasedrive Velo argues that HR should do more to promote salary sacrifice
The company launched its own salary sacrifice scheme called EnviroDrive in October 2008, promoting the cost saving and environmental benefits, but says that take-up has been … Read More »
Drivers urged to wake up to the dangers of tired driving
New research out today (13 August) by Brake and Direct Line shows the vast majority of drivers admit driving while tired, and drivers don't know the … Read More »
Doosan signs up for salary sacrifice with Zenith Provecta
The scheme, which launched this month, was designed to offer low costs car ownership through low CO2 vehicles. Lower CO2 vehicles provide greater savings to employees … Read More »
Zero-emission Iveco EcoDaily goes on sale
The EcoDaily Electric uses a three-phase motor controlled through a DC/AC inverter to provide range-extending regenerative braking. Power comes from NaNiCl2 battery technology, which can be … Read More »
Commercial drivers show support for speed cameras
An IAM (Institute of Advanced Motorists) survey found that 76% of high-mileage drivers approve of speed cameras. In comparison, only 34% of medium-mileage drivers lent their … Read More »
SIG reports operational efficiencies from online vehicle defect reporting tool
Defect Manager was developed by Jaama as an additional module to its Key2 Vehicle Management system in association with a number of its software users, including … Read More »
Children more distracting than phones when driving
Research conducted by motoring website, ContractHireAndLeasing.com reveals that children are by far the biggest distraction to drivers. When website visitors were asked what they found most … Read More »
Only one in eight Brits trust their sat nav
Findings also showed sat-nav to be a source of aggravation for many drivers with 30% admitting it caused arguments with fellow passengers. The research follows the … Read More »
OFT refers Zipcar-Streetcar merger to Competition Commission
The merger was announced in April this year and was said to promise tremendous benefits to members through access to more cars, more convenience and enhanced … Read More »
New iPhone app enables drivers to book car hire on the go
As well as offering customers a quick and easy way to book, the new app also utilises GPS technology, enabling them to find their nearest Avis … Read More »
Tougher times for fleet & lease values
Average fleet values fell by £276 in July, equivalent to a drop of 3.7%. With model mix very similar to last month, this was a reflection … Read More »
Dip in values heightens need to focus on van condition, reports Manheim Remarketing
Manheim Remarketing's latest monthly Market Analysis for Vans reveals that at £4,039, average wholesale used van prices dipped in July by 6.1% (£262) compared with June. … Read More »
Jaguar Land Rover China appoints president
Previously overseas operations director at Jaguar Land Rover, Bob Grace will oversee the company’s rapidly expanding operations in China and focus on managing sales growth of … Read More »
Auto Windscreens wins ING contract
Auto Windscreens will deliver a nationwide 24/7/365 days a year automotive glazing repair and replacement service to ING Car Lease's 50,000-strong car and commercial vehicle fleet, … Read More »
PARIS PREVIEW: Opel/Vauxhall reveals line-up
The debuts include the GTC Paris, Vauxhall's new concept, which is tipped to preview the design direction for next year's three-door Astra Sporthatch. The carmaker said: … Read More »
Simon Spremberg joins Fleet Logistics
Mr Spremberg has six years' experience in the European fleet and leasing market and has worked with a number of major organisations in a variety of … Read More »
'Survey results very encouraging', says Tusker
Despite growing popularity for salary sacrifice schemes amongst many businesses due to the tax advantages they offer, ACFO's research found 21.7% of responses from its 800 … Read More »
CAP appoints Chris Crow to role of chief editor
Mr Crow moved into contract hire and leasing from the finance sector in 1994, initially as pricing manager for Lex Vehicle Leasing. His career then took … Read More »
Dollar Thrifty reacts to Avis offer
In a letter from Dollar Thrifty president and CEO, Scott L Thompson to Ronald L Nelson, Avis Budget Group chairman and CEO, Mr Thompson outlined the … Read More »
Driver licence checks are not "one-off" exercise, says CFC
The company reports that around a fifth of companies that have undertaken checks using its Licence Link software do not have any plans to see if … Read More »
Glass's looks at how manufacturers can drive adoption of EVs in new report
Glass’s forecasts UK registrations of "green" powertrain technology in 2020 will be just under 2.4 million vehicles, of which 11% (274,000 units) will be electric vehicles … Read More »
Latest casualty figures highlight need for urgent action on drink-drive limit
According to the latest figures, in 2009 there was a 5% fall in the number of deaths and more than an 8% reduction in the number … Read More »
Fleet values down for fourth consecutive month
In its latest Market Analysis for Cars, the company reports that average wholesale used car values in the Fleet sector fell by 3.6% (£219) to £5,925 … Read More »
NAFA forms advisory council to inform California fleet managers of topical issues
The Air Resources Board is a department of the California Environmental Protection Agency and oversees all air pollution control efforts in California to attain and maintain … Read More »
Top news of the week
