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Fleet World’s five-minute industry briefing: This week’s top stories

All the key news in fleet from the last week…

April's decline in registrations has been attributed to buyers' rush in March to beat the VED changes.

April’s decline in registrations has been attributed to buyers’ rush in March to beat the VED changes.

New VED rates take toll on April fleet registrations

Both the fleet and overall new car markets saw double-digit declines in April following the implementation of new VED rates.

The year-to-date picture was more positive however, with a record 972,092 cars registered in the first four months, up 1.1%.

For more details, click here.

 

Fuel pump

Tesco, Morrisons and Sainsbury’s have cut fuel prices by 2ppl for diesel and 1ppl for unleaded.

Supermarkets cut pump prices

Tesco, Morrisons and Sainsbury’s have cut fuel prices by 2ppl for diesel and 1ppl for unleaded, following a fall in wholesale costs. Asda has not implemented the pricing cut, saying it consistently offers drivers the lowest fuel prices nationwide.

For more details, click here.

s60

Business Edition Lux Volvo V60.

Volvo adds Business Edition Lux to S60 and V60

Volvo has introduced a new Business Edition Lux variant for its S60 and V60 models. The new trim level builds on the standard S60/V60 Business Edition with a package of features including 17-inch alloy wheels, leather upholstery along with Piano Black inlays, active information display and rear parking camera.

For more details, click here.

Tourick

The latest edition of the tax guide includes coverage of the new rules announced in the draft Finance Bill.

Updated tax book sheds light on salary sacrifice changes

The latest edition of Colin Tourick’s annual tax book for fleet managers has been published, including a focus on the new rules for salary sacrifice and cash allowances. Other areas covered include car benefit tax, fuel benefit tax, VAT, income tax, corporation tax, capital allowances, fuel duty, vehicle excise duty and national insurance contributions.

For more details, click here.

ATS

Jess Jones, head of national fleets, ATS Euromaster.

New head of national fleets at ATS Euromaster

Jess Jones has joined ATS Euromaster as head of national fleets as the firm pushes ahead with plans to launch new developments, including an expanded mobile inspection service for national fleets.

For more details, click here.

Arval logo

Arval’s new multi-supplier online reporting platform will be rolled out in all its markets this year.

Arval launches multi-supplier reporting platform

Arval has launched a new online reporting platform for clients working with multiple full service lease providers. The new solution is hosted by an independent third-party firm and is intended to provide multi-supplier fleets with a consolidated view of their fleet key performance indicators.

For more details, click here.

Credit: Transport Scotland

The M8 ‘missing link’ means Glasgow and Edinburgh are now fully connected by motorway. Credit: Transport Scotland

M8 ‘missing link’ goes live

Scotland’s M8 is now fully open for the first time in its history following the completion of the so-called ‘missing link’. Drivers were allowed onto the eastbound section of the new motorway on Sunday (30 April), a week after the westbound carriageway opened.

For more details, click here.

For more of the latest industry news, click here.

Natalie Middleton

Natalie has worked as a fleet journalist for over 20 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.