CONSOLIDATION has long been expected in both the vehicle leasing and rental sectors. Now, it appears that mergers and acquisitions could be starting to kick-off. The United States-based Avis Budget Group is to buy back its Avis Europe cousin for an agreed £635 million. Meanwhile, further consolidation could continue among the major rental companies with Avis Budget and rival Hertz continuing to battle over the acquisition of Dollar
Continue readingTHE environment remains an agenda-topping issue for larger companies in the UK, although many are not taking the necessary steps to effectively manage their environmental impact. According to independent research from the Corporate Vehicle Observatory (CVO) Barometer,
Continue readingMANY small businesses are lagging behind larger companies in terms of best practise vehicle management which is likely to be costing them time and money.According to independent research from the Corporate Vehicle Observatory (CVO) Barometer, small businesses sit behind the curve when it
Continue readingTHE chairmen of Britain’s two biggest motor manufacturers were each awarded the CBE in the Queen’s Birthday Honours.Joe Greenwell, chairman of Ford of Britain, and Bill Parfitt, chairman and chief executive officer of General Motors UK, each received their awards for services to the automotive industry.
Continue readingMITSUBISHI Motors is backing the call from motoring journalist Quentin Willson and the RAC for the Government to suspend VAT on all pure electric vehicles (EVs).Removing VAT on pure EVs would bridge the gap between the cost of an EV and that of a conventional vehicle – helping to stimulate
Continue readingMPS called for an end to the ‘great petrol/diesel rip-off’ at a debate staged by FairFuelUK campaigners in Westminster Hall on Tuesday (June 14).The FairFuelUK campaign is backed by the RAC, the two major road freight bodies, the Road Haulage Association and the Freight Transport Association and more than 155,000 members of the public have signed an online petition.
Continue readingVOLKSWAGEN and Chinese motor manufacturers have been rumoured as potential buyers of Opel/Vauxhall, General Motors’ loss-making European operations.The speculation has come in the German press, but was immediately dismissed by Opel/Vauxhall,
Continue readingAVERAGE used car values climbed in May as the market recovered from the disrupted trading patterns experienced in April, according to the latest analysis from BCA.
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