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Car insurance premiums expected to stabilize: Swiss Re
The Swiss Re Institute has indicated that the significant increases in personal motor insurance premiums are nearing their peak in …
Leasys launches short-term rental offering in UK
Leasys has launched a new short-term rental offering to expand the range of its mobility solutions in the UK. The company, …
Consumer interest in new cars soars on Auto Trader with 16% YoY surge in April visits
According to the latest data from Auto Trader, robust consumer interest for new cars has continued into the second quarter with …
China’s Chery forms electric vehicle JV with B-ON to penetrate Europe
European clean mobility provider B-ON and China's Chery Group have created an electric vehicles joint venture (JV) and launched a …
Tesla leads global BEV market, faces growing competition in China
Global battery electric vehicle (BEV) sales reached 10.4m over the past 12 months to March 2024, according to data from New …
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Odessa launches auto originations platform
Odessa a global provider of asset finance technology is set to introduce Odessa Auto, an originations platform, marking the initial …
Resilient automotive sector defies Israel’s leasing downturn trend
Israel's leasing market, facing a downturn amidst economic challenges, fighting in Gaza and regional instability, has seen its automotive sector …
ComfortDelGro secures $73.47m loan from DBS to decarbonise UK fleet
ComfortDelGro, a Singapore-based transport operator, has secured a S$100m ($73.47m) green loan from DBS to decarbonise its UK bus fleet. The …
Hedin Automotive to acquire Dutch dealer Dubbelsteyn
Hedin Automotive Netherlands, part of Hedin Mobility Group, has reached an agreement to acquire BMW and MINI dealer Dubbelsteyn. The financial …
UK vehicle numbers hit an all-time high in 2023, led by surge in plug-in vehicles
The number of vehicles on UK roads reached a record high in 2023, rising by 1.7% to 41,404,589 vehicles, according …
TUAL unveils PowerBank Pro-Charging targeting commercial EVs
TUAL, a provider of electric commercial-vehicle charging solutions, has unveiled PowerBank Pro-Charging to enhance enterprise fleet-vehicle charging specifically targeting electric …
New car sales in EU fell by 5.2% in March 2024
The European Union car market experienced its first decline of the year in March 2024, with new car sales falling …
Tesla shareholders to decide on Musk’s $47.8bn pay package and Texas move
According to the Financial Times, Tesla has proposed relocating its state of incorporation from Delaware to Texas, following a Delaware …
Liquid Fleet achieves record Q2 used car sales amidst buoyant market conditions
Fleet Procurement and management company Liquid Fleet reported record used car sales in the first quarter of 2024 selling almost …
BCA reports stable used car values in March
Used car values remained stable for the third month running, averaging £7,522 in March, down just £42 (0.6%) compared to …