Green focus sees demand rise for used EVs and hybrids

In the wake of the fuel crisis and with the government unveiling its Net Zero strategy, used EVs and hybrids remain in high demand according to Aston Barclay’s desirability index. For the second month running the index features a large number of low and zero emission vehicles highlighting the shift towards a more sustainable fleet. An electric car, the Hyundai IONIQ, was named as the most in-demand across both its physical and online auction channels. Toyota’s Prius was in second place while the Kia Niro, Tesla Model 3 and Lexus NX also appeared in the top 25 used cars.

Green focus sees demand rise for used EVs and hybrids

Oct 20, 2021

In the wake of the fuel crisis and with the government unveiling its Net Zero strategy, used EVs and hybrids remain in high demand according to Aston Barclay’s desirability index. For the second month running the index features a large number of low and zero emission vehicles highlighting the shift towards a more sustainable fleet. An electric car, the Hyundai IONIQ, was named as the most in-demand across both its physical and online auction channels. Toyota’s Prius was in second place while the Kia Niro, Tesla Model 3 and Lexus NX also appeared in the top 25 used cars.

Leasys unveils its electrification strategy

Corporate and personal mobility specialist Leasys has committed to completing its “mobility revolution” project by 2024, saying its short-term fleet will be 75% electric by that date, rising to 100% by the end of 2027. The leading long-term rental company in Italy and major player at European level, Leasys is a Stellantis brand and a subsidiary of FCA Bank and has a total fleet of more than 500,000 long, medium and short-term vehicles,

Leasys unveils its electrification strategy

Oct 14, 2021

Corporate and personal mobility specialist Leasys has committed to completing its “mobility revolution” project by 2024, saying its short-term fleet will be 75% electric by that date, rising to 100% by the end of 2027. The leading long-term rental company in Italy and major player at European level, Leasys is a Stellantis brand and a subsidiary of FCA Bank and has a total fleet of more than 500,000 long, medium and short-term vehicles,

ALD expands mobility offering with Fleetpool acquisition

ALD has signed an agreement to acquire Fleetpool, a leading German car subscription company, and its portfolio of some10,000 vehicles. The deal forms part of the company’s growth strategy to deliver flexible, value-added mobility solutions and will enable ALD to rapidly develop digital car subscription services for partners, employees and private individuals and expand the commercial reach of its mobility solutions across Europe.

ALD expands mobility offering with Fleetpool acquisition

Oct 14, 2021

ALD has signed an agreement to acquire Fleetpool, a leading German car subscription company, and its portfolio of some10,000 vehicles. The deal forms part of the company’s growth strategy to deliver flexible, value-added mobility solutions and will enable ALD to rapidly develop digital car subscription services for partners, employees and private individuals and expand the commercial reach of its mobility solutions across Europe.

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Europe

Addison Lee invests £160m with VW for all-electric fleet by 2023

Sep 23, 2021

Addison Lee is investing £160 million to ensure its 4,000 strong passenger car fleet is fully electric by 2023. The company will partner with Volkswagen to fulfil the largest UK purchase of electric vehicles (EV) by a private hire provider, saying this puts it two years ahead of any other large PHV operator in London. The roll out will begin in November 2021, and from then, 200 fully electric vehicles will join the fleet every month, beginning with an initial order for 450 Volkswagen ID4s.

Americas

PACCAR Financial Services reports record revenues

Feb 06, 2020

Assets at PACCAR Financial Services reached a record $16.07 billion last year as its portfolio grew to 208,000 trucks and trailers. The results include PacLease, a major full-service truck leasing company in North America and Europe, which has a fleet of more than 40,000 vehicles. PFS revenues were a record $1.48 billion in 2019 compared to $1.36 billion in 2018. Last year’s pre-tax profits were $298.9 million.

Asia Pacific

SG Fleet widens service offering in Australia through strategic investment in car subscription provider Collaborate

Dec 16, 2019

Vehicle leasing company SG Fleet has bought a stake in Australian mobility specialist Collaborate Corporation for $2.2 million to widen its service offering. Collaborate’s core businesses are its car subscription service ‘Carly’ and a range of peer-to-peer vehicle rental offerings. With Carly, users pay a monthly subscription fee to access any vehicle from the entire fleet available.