Fleet funding

Read our in-depth analysis and insight on Fleet funding

Bank of England holds interest rate at 4.75%

The decision comes after inflation rose for the second month in a row to 2.6% - pushing it further above the Bank's target of 2%.

Fleet funding 19 Dec

Zenith renews fleet management contract with Zurich

Zenith will work with Zurich to achieve its target of no petrol or diesel vehicles on its fleet by the end of 2025.

Zenith 17 Dec

Alice Altemaire, Select Lease by Mobilize

Alice Altemaire leaves CEO role at Mobilize Financial Services

After almost two decades with the Renault Group, Alice Altemaire has announced she has left her role as CEO of its funding division.

Select Lease by Mobilize 17 Dec

Tax rises ‘dampen’ vehicle leasing industry’s growth expectations

Leasing companies expect hike in national insurance and prevailing mood of tax rises to negatively impact vehicle orders next year.

Fleet funding 5 Dec

Octopus chosen as preferred sal/sac provider for HSBC

HSBC UK has chosen Octopus Electric Vehicles as its preferred supplier to provide salary sacrifice electric car schemes to its corporate customers.

Salary Sacrifice 18 Nov

Van division revamp for Select Car Leasing

Select Car Leasing has announced a major revamp of its vans division to strengthen its position in the van leasing broker market.

Select Car Leasing 15 Nov

UK fleet market fears threat of tariffs on US car imports

Tariffs on car imports to the US could impact the UK fleet market, the Association of Fleet Professionals (AFP) warns.

Tax and Legislation 14 Nov

Close Brothers writing new car finance again after court ruling

Close Brother Motor Finance has begun phased return to the writing of new UK motor finance business as other lenders turn to technology to disclose commissions.

Fleet funding 8 Nov

Pile of pound coins on top of £5, £10 and £20 notes

FN50: Collapse in used EV values hits leasing profits

Pre-tax profits for the FN50 have fallen by almost a third year-on-year after hitting £2 billion for the first time last year.

Fleet funding 7 Nov

FN50 2024 hits record high in funded vehicles, but profits drop

Cars and vans both up year-on-year as FN50 tops 1.8 million vehicles for the first time reveals the 2024 insight report

Leasing strategy 7 Nov

Bank of England cuts UK interest rates

The Bank of England has cut interest rates for the second time this year, providing some respite for the fleet and leasing sector.

Fleet funding 7 Nov

Leasing companies and brokers impacted by Court of Appeal ruling

Leasing companies and brokers are assessing the impact of a Court of Appeal decision on commissions paid on vehicle finance deals.

Fleet funding 4 Nov

Leasing panel debate at Fleet and Mobility Live 2024

Lack of data impacting SMR costs for electric vehicles (video)

A lack of service, maintenance and repair data for electric vehicles is proving a challenge for leasing companies factoring costs into fleet contracts.

Fleet and Mobility Live 28 Oct