Articles by Fleet News - Page 872

Fleet managers could save tens of thousands of pounds in end of life de-fleeting costs and improve residual values (RVs) by opting for ongoing smart repair work throughout the life of the lease, according to ACIS.

Monthly lease rates on new vans could rise if residual values on old, high mileage models are hit hard by dealers turning their backs on them, it is claimed.

Mileage capture firm Vertivia is upgrading the support and back-up it provides to company car drivers to help identify recurring fleet trends and issues, following the launch of the latest version of its mileage management system.

Average values of used LCVs at auction across the board rose by just 1% from £4,188 to £4,224 between July and August, according to the National Association of Motor Auctions (NAMA).

The Office of Fair Trading (OFT) has cleared Bradford-based car retailer JCT600’s acquisition of the £200m turnover Gilder Group.

Vehicle recovery firm Tracker played a key role in helping police locate and return a stolen van in less than an hour.

The Environment Agency has kept up with a programme of CO2 emission reduction on its car fleet, by working with its contract hire provider.

Two in five cars fail their MOT test every year, costing UK motorists more than £2 billion in repairs and the cost of a second MOT to get their vehicle back on the road - according to new research by Allianz Your Cover Insurance.

A North East taxi company, whose insurance has doubled in the last three years, is set to save thousands by installing state of the art CCTV in its fleet.

More than a third of the 247 fleet businesses surveyed by TrackCompare said that this year’s heatwave caused their sales to fall.