All articles by MF Editorial
MF Editorial
Maintenance contract win
Maintenance contract win Kwik-Fit Fleet has won a 12-month contract with Leasedrive VELO to provide the lessor with a wide range of fast-fit services for its 17,500-vehicle fleet, Kwik-Fit Fleet said Leasedrive VELO commercial director Roddy Graham said: On the Leasedrive side, we have enjoyed a preferred supplier partnership with Kwik-Fit Fleet for the past four years so it was a natural choice to renew this strong partnership given Kwik-Fit Fleet also looked after VELO.
Turnover and profits leap for LeasePlan
Turnover and profits leap for LeasePlan Fleet management and leasing company LeasePlan announced that its net profit for 2007 grew by 13.4 per cent to 239.2m (£178.2m), excluding divestments, with the overall net result up 21.2 per cent to 255.4m (£190.2m)
Retail used car dealers stay positive
Retail used car dealers stay positive The credit crunch has not stamped out optimism in the retail market for used cars even as more dealers expect slower sales this year, according to CAP
How to lose a customer in four weekends
Why, as an industry bemoaning margins and declining sales, do we make it so difficult for customers to buy cars Markets are changing: customers are becoming more discerning, 2008 forecast volumes are lower than the last two years, and the full impact of the credit crunch is still not totally understood, yet some dealers still think they are doing you a favour by selling you a car.
LVM wins £1m Coffee Nation fleet deal
LVM wins £1m Coffee Nation fleet deal Lombard Vehicle Management (LVM) has won a contract worth approximately £1m to provide contract-hire, maintenance and tracking solutions for Coffee Nations new fleet of 40 vans
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Strong 2007 growth for lessor
Strong 2007 growth for lessor Multi-marque fleet management and leasing company Alphabet has released its results for 2007, and announced year-on-year growth of 11 per cent in its total leased and managed fleet, from 36,470 units in 2006 to 40,600. The fleet size increase came about as a result of both organic growth and the winning of new contracts, such as a deal to provide the Royal Society for the Prevention of Accidents fleet in July and oil company Shells 2,300-strong company car fleet in August, the company said
Preaching to the unconverted
Preaching to the unconverted Phil Moorhouse, managing director of LCV rental specialist Northgate plc tells Jo Tacon why he believes there is huge potential for growth in vehicle rentals – in the UK and abroad
Do you know what you CAN’T do?
Selling vehicles and the finance to support them is hardly rocket science well, it didnt used to be
Fleet operators need to step up green initiatives
Fleet operators need to step up green initiatives The fleet industry is already doing its bit to reduce its impact on the environment, but needs extra help and support to have a more serious impact claims Lex, the UKs largest contract hire company Government legislation has made a positive impact on reducing emissions across the fleet industry as key items such as Vehicle Excise Duty (VED) and Benefit in Kind taxation are all CO2 based, explained managing director, Jon Walden.
LCV rental specialist expands further
LCV rental specialist expands further Light commercial vehicle hire specialist Northgate plc has released its half-year results, which show that profits before tax grew by 16 per cent to £43.9m in the six months to October 31 2007 – and announced on the same day that it has acquired Hampsons Self Drive Hire Ltd.