News - Page 2065

THE Environment Agency has warned fleets that bunker diesel at their offices or depots that they could face serious legal consequences if the fuel leaks.

COMMUNICATIONS company Anixter International has appointed VELO in a sole supply contract hire deal.

TELECOMMUNICATIONS company MGT has announced a solus badge, all diesel, contract hire deal for its 130-strong fleet with Peugeot.

UTILITIES company Severn Trent Water has appointed ATS Euromaster to look after its 2,500-vehicle fleet.

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A NEW contract hire company has been launched as part of a joint venture between two key players in the leasing industry.

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MORE than a fifth of the UK's three million company car drivers will ask for a pay rise to cover anticipated increases in their benefit-in-kind tax bills next April, according to a report published yesterday.

THE UK's daily rental companies are suffering the consequences of the crisis that has hit airlines, with a sharp downturn in airport business creating fears of stationary hire fleets and the distress remarketing of thousands of nearly new cars.

A NEW report indicates that the Government could undermine the environmental objectives of its new company car <A HREF="http://www.fleetnewsnet.co.uk/newshome/home_fullarticle/?articleid=22103" class="Sitelink" target="_blank"><u>tax system</u></A> by penalising high mileage drivers.

ATTEMPTS by fleets and leasing companies to save millions of pounds in administrative efficiencies are being hampered by car dealers, a leading industry figure is claiming.

CONGESTION charging will amount to a 'roads-for-the-rich' programme, according to a key member of Transport for London.

MANUFACTURERS and daily rental companies have pledged to work together to avoid distress marketing thousands of cars destined for rental service.

MOTABILITY Finance Limited has launched an internet-based used car sales operation as part of a disposals battle plan to de-fleet more than 100,000 vehicle a year.

TWO television programmes next month will show fleet executives and company car drivers how easy it is for thieves to steal business-owned vehicles.

NEWLY-launched tyre replacement firm Tyreserve is helping Peugeot franchised dealers boost their fleet tyre replacement business.

HSBC Vehicle Finance is to abolish tyre damage charges for drivers who make unscheduled tyre replacements under maintenance contracts.

CARDIFF brewer SA Brain & Co has made Inchcape Vehicle Contracts the solus supplier for its 100-strong user-chooser fleet.

VAUXHALL and Daewoo will become sister companies in the UK, after General Motors signed a memorandum of understanding with Daewoo Motor Corporation to buy a 67% controlling stake in the troubled South Korean manufacturer.

CAR dealer HR Owen has seen record sales in the first half of the year, with new cars sold up 17% on the same period in 2000.

KIA has introduced removable seats and what it claims is the most powerful diesel engine fitted to any MPV to its 2002 Sedona.

SAAB has increased prices of its 9-3 range for the 2002 model year in line with specification upgrades, cut fuel consumption and CO2 emissions in petrol models and improved refinement in the diesel.

IT has been a difficult couple of weeks for everyone, including most businesses and industries, the motor trade being no exception. The tragedy in America on September 11 is having a knock-on effect on our own industry.

A ROW has broken out about whether a Government 'good garage' scheme will really give fleet managers a better steer when looking for high quality service and repairs.

HAMPSHIRE Constabulary is trialling a Toyota Prius petrol-electric hybrid car to see if savings on fuel and reductions in emissions can be made without compromising operational efficiency.

OIL giant TotalFinaElf has announced a restructuring of its fleet policy for its 1,500 cars to a three badge deal incorporating Renault, Nissan and Citroen.

Trafficmaster has announced pre-tax losses of more than £8 million for the six months to the end of June this year, from a profit of £1.2million for the same period last year.

ESTATE versions of the Peugeot 206 and 307 shown as 'concepts' at this month's Frankfurt Motor Show were production versions of the car, the manufacturer has revealed.

EMPLOYERS can guide their company car drivers towards cars with automatic transmissions without leading to significantly higher benefit-in-kind tax bills next April, a major study has revealed.

AA Business Services is set to offer fleets 'cradle to grave' services as part of a major restructuring of its business.