Business and retail demand for new vehicles are moving in opposite directions as retail demand falls, according to the BVRLA’s latest Leasing Outlook report. Lead times are returning to pre-pandemic levels and the BVRLA leasing fleet is up 2.4% to 1.9m vehicles. Cars and vans recorded year-on-year growth, +1.9% and +3.9% respectively. Toby Poston, BVRLA director of corporate affairs, said: ...
Read More »Steve Young Blog: EV Pinball
ICDP was recently invited by the British Vehicle Rental and Leasing Association (BVRLA) to facilitate a workshop with their members on the subject of meeting the so-called ZEV Mandate in the UK. This is legislation specific to the UK which mandates a given percentage of sales of zero electric vehicles (ZEVs), which in practice means battery electric vehicles (BEVs) between ...
Read More »Alarm bells ‘ring loud’ for impact of ZEV Mandate on vans
Leasing firms are expressing alarm at the impact of the ZEV Mandate on the van market. In its January report the British Vehicle & Leasing Association (BVRLA) said the position for personal leased electric cars was deteriorating with a 10% decline in uptake to their initial high cost, leading to higher lease rates and reduced margins. “Numbers are down by ...
Read More »OEM agency model causes concern to leasing companies
Leasing and rental companies are viewing with caution the development of agency models of distribution by vehicle manufacturers. Companies believe agency will dent the discounts they traditionally get from OEMs, according to the just published BVRLA Industry Outlook 2014. “While many companies have operated agency[1]style relationships directly with OEMs for years, the impact of the new arrangements on dealers is ...
Read More »Margaret Speirs wins BVRLA Outstanding Contribution Award
Margaret Speirs of Arnold Clark has been recognised by the BVLRA. Announced at the BVRLA Dinner, Margaret received the Freddie Aldous Outstanding Contribution Award. Bestowed in memory of the BVRLA Honorary Life President who passed away in 2017, the Freddie Aldous Outstanding Contribution Award is presented to an individual that has played a vital and long-term role in supporting the ...
Read More »Fleets and rental companies spell out fears on agency model
Fleets and rental companies have raised concerns over carmakers’ introduction of agency model in the UK. The British Vehicle and Rental Association (BVRLA) in its Industry Outlook 2023 report found that 38% of fleets feared under agency terms they would get reduced discounts and support from carmakers while 32% feared increased vehicle prices. A total of 15% said they through ...
Read More »Arnold Clark takes part in BVRLA conference on economic outlook
Arnold Clark is taking part in the BVRLA’s flagship Industry Outlook Conference which is returning next month. The in-person event taking place at the British Motor Museum in Gaydon on Wednesday 7 December. As part of the Conference, the association will launch the findings of its Industry Outlook Report. The Report will contain data and views of BVRLA members to ...
Read More »Government’s “one-size-fits-all” EV solution not suitable for vans
The BVRLA is urging the Chancellor to provide more financial support and incentives to support the zero emission van market. In a letter to Rishi Sunak MP, it outlined the need to introduce targeted plans and funding that will support the uptake of electric vans across the 3.4 million people in the UK that require a van for their job. ...
Read More »Businesses raise ‘extreme concern’ over van supply shortfalls
Businesses are reporting rising concern over new van supplies saying it is unable to meet their needs. The latest BVRLA Business Impact Survey found that 90% of its members say the current supply of petrol and diesel vans was a barrier to meeting the needs of customers with 41% saying the barrier was extreme. And 84% think the supply of ...
Read More »BVRLA warns no deal EU exit will damage business
The BVRLA is the latest trade body to lobby for a and EU trade deal as the deadline looms. It said failure to reach an EU trade deal will hit UK businesses, destroy the ‘fragile’ recovery in the automotive sector and slow down the uptake of electric vehicles. The BVRLA is the trade body for the vehicle rental, leasing and ...
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