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Tag Archives: BVRLA

Ultra Low Emission Zone comes into force in London

Today sees the launch of the Ultra Low Emission Zone (ULEZ) in London. Under the scheme, penalty-free access to the centre of London will only be granted to petrol cars with a minimum Euro 4 standard and diesels that comply with the Euro 6 standard. The British Vehicle Rental and Leasing Association (BVRLA) has advised drivers to use the ULEZ ...

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Vertu Motors buys online van and car broker for £7.5m

Vertu has bought online van retailer www.vansdirect.co.uk based in Newport, South Wales for £7.5m. The Vans Direct business was founded in 1999, billing itself as a specialist in the supply of new vans, finance, contract hire, hire purchase, offering direct delivery across the UK. For the year ended 31 October 2017, it reported revenues of £34.6m, a gross margin of ...

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Leasing association to boost sales of low emission cars

The British Vehicle Rental and Leasing Association (BVRLA) has launched a Plug-in Pledge that will see its members’ combined plug-in vehicle fleet size surge from 50,000 today to 720,000 by 2025. The association’s members are responsible for almost five million vehicles – 1-in-8 cars, 1-in-5 vans and 1-in-5 trucks on UK roads. It said in seven years’ time vehicle rental ...

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VRA calls for single format vehicle inspection scheme

The used car sector has too many vehicle inspection schemes and needs a new common standard. That’s the conclusion of a new report from the Vehicle Remarketing Association (VRA) which said trade bodies “should get together” and get things sorted. The report highlighted the two major schemes from the BVRLA and NAMA and said while they were good there were ...

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More banks set to return to fleet market

More banks are set to return to the vehicle rental and leasing market in 2011, according to the British Vehicle Rental and Leasing Association (BVRLA). BVRLA chief executive John Lewis said: “The recovery we expect to continue this year will be a largely credit-less one, with smaller businesses in particular struggling to meet their borrowing requirements. “However, I am confident our members will provide the vehicle finance to ensure this economic growth can continue.”

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