To support the continued rise in Personal Contract Purchase’s (PCP), Kia Motors UK has put a focus on residual value management to maintain the equity in customers’ cars. Speaking at
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PCP popularity leads to focus on residual management says Kia UK boss Paul Philpott
Auto Trader valued at £2.35bn in London market listing
Auto Trader floated on the London Stock Exchange today with a share price of 235p, valuing the company at £2.35bn. The share price rose by 13% immediately on its debut.
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Chancellor’s company car tax plans criticised by ACFO
Fleet decision-makers’ trade body ACFO has voiced its disappointment about changes to company car tax announced in the Budget. Company car drivers will face a three percentage point year-on-year hike
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Licence Bureau urges fleets to move licence checking online
Licence checking and compliance company Licence Bureau is urging fleet managers to move licence checking online, as the three month countdown has started to the abolishment of the paper counterpart
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Budget 2015: Company car tax changes bring even bigger focus on low CO2 vehicles
Lex Autolease, the largest leasing company in the UK, has said the 3% rise in benefit-in-kind rates in 2019/20 will bring even greater focus to fleets running low CO2 emission
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Arval expands insurance product range for UK fleets
Leasing and fleet management company Arval UK has expanded its insurance product range. Last year, the company launched Arval launched Arval Total Care; an optional package allowing customers to opt
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City investors ‘planning to buy’ remarketing giant BCA for £1.2bn
British Car Auctions is set to be acquired by a consortium of investors, known as Haversham Holdings, according to AM. Haversham was set up last year witht the aim of
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Budget 2015: Company car tax hike and a fuel duty freeze for fleets
Company car drivers will face a three percentage point year-on-year hike in their company car tax from 2019/20. However, the Government has indicated that the rates for ultra-low emission vehicles
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VRA Director appointed
Steve Jackson has been appointed chief car editor at Glass’s with responsibility for all car valuations and forecasts for the new and used markets. He joins from LeasePlan UK where
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TomTom Telematics launches new version of WebFleet OptiDrive
The next generation of Tom Tom Telematics WebFleet OptiDrive now includes predictive driving advice. Pre-trip, OptiDrive 360 provides motorists with best practice advice on how to drive safely and fuel
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Electric vehicle residual values close in on diesels
Electric vehicle residual value forecasts are moving closer to traditional diesel cars as the used car market becomes more accustomed to the technology they contain, according to the latest data
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Chrysler plans to exit UK in 2017
Chrysler will withdraw from the UK in 2017 after issuing two year termination notices to its UK dealer network earlier this week. UK sales have been falling for the past
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