Volvo UK promotes Johnny Miller

Volvo Car UK has announced a restructure of its national leasing team, with an increased focus on residual values.

Jonny Miller has been promoted to the newly created role of national leasing and residual value manager from his previous position as southern regional leasing manager.

In his new position, he is overseeing the company’s relationship with the leasing industry, as well as managing the residual values of new Volvo product launches.

John Isaac steps into his shoes as southern regional leasing manager after stints working for Fiat Chrysler Automobiles and Dekra. Elaine Johnstone continues in her current role as northern regional leasing manager.

Johnny has been with Volvo for almost two years and previously spent four years with Glass’s Information Services looking after manufacturer relationships.

His team will be working closely with the data providers and leasing companies to provide the extensive information needed to set accurate residual values that are competitive in the marketplace. This includes new vehicle launches, platform information, technology developments and the brand’s engine strategy.

Johnny said, ‘As a premium brand, a focus on residual values is essential if Volvo is to continue to grow its presence in the leasing sector.

‘Having the dedicated and focused leasing team responsible for monitoring and improving residual values and whole life costs, maintains our competitive edge within the leasing sector. The focus on residual value maintenance and improvement, along with our deep understanding of the influencing factors and drivers will ensure our product offering is right for the business user,’ he added.