vehicle leasing

UK vehicle leasing sector enjoys strong growth

The UK vehicle leasing sector has grown 7.2% year-on-year to 2.05 million vehicles, according to the latest BVRLA Leasing Outlook. Growth was driven by an 8.4% increase in leased cars, […]

Short-term vehicle leases growing in popularity

Companies are increasingly switching to short-term vehicle leases to improve flexibility and reduce cost pressures, according to Liquid Fleet. It has reported a growing demand for leasing contracts from six […]

Vehicle leasing sector reshaped by longer contracts

The vehicle leasing sector is being reshaped by longer lease periods and growing demand for used electric vehicles. According to Licence Check, traditional two- and three-year leases are being phased […]

AX expands fleet with dual-control options

AX has increased its dual-control replacement fleet with the addition of Volkswagen Polo models. The move will ensure driving instructors can remain on the road and continue lessons with minimal […]

Toby Poston named chief executive of the BVRLA

Toby Poston has been appointed chief executive of the BVRLA, succeeding Gerry Keaney who has retired after 11 years in post. Meanwhile, Lakshmi Moorthy has been appointed chairperson, replacing Jon […]

ALD Automotive LeasePlan announces rebrand

Following the merger of ALD Automotive and LeasePlan earlier this year, the joint venture has announced that it is rebranding as Ayvens. ALD completed the acquisition of LeasePlan for £4.1bn […]

Drivers swayed by short-term benefits

Almost a third of British motorists are more reluctant to replace their existing car by committing to a long-term lease than they were 12 months ago. Research by mobility provider […]

Tilsun Leasing announces key acquisition

Cheshire-based Tilsun Leasing has acquired First Vehicle Leasing for an undisclosed sum. First Vehicle Leasing, based in Glasgow, is an online leasing broker servicing both consumers and the SME fleet […]

Vehicle supply impacting car finance market

New figures released by the Finance & Leasing Association (FLA) show that consumer car finance new business volumes fell in May 2022 by four per cent compared with the same […]