The British Vehicle Rental and Leasing Association (BVRLA) has
cautiously welcomed the European Commission’s evaluation report on
block exemption regulation (BER), which calls for a scaling-back of
red tape.
The report’s suggested “light-touch approach to fostering
competition” was particularly noted by the BVRLA, although it said
that “a number of concerns still remain”.
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However, the association had some reservations about possible
consequences for lessors of the changes suggested in the report. It
observed: “There has been a recent move by some manufacturers to
dilute the end-user status of leasing companies by insisting on the
compulsory provision of customer details if a leasing company wants
to gain access to fleet terms.
“We believe this type of direct supply agreement could reduce
intra-brand competition.”
Motor Finance Issue: 44 – June 08
Published for the web: June 26 08 11:21
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