Alphabet launches new salary sacrifice product

Business and mobility specialist Alphabet has announced the launch of its own in-house salary sacrifice product for corporate customers, in response to the growing interest in electric vehicles (EVs) from companies and staff keen to benefit from tax breaks and the chance to go green. Salary Sacrifice offers companies the flexibility to offer all employees, including those who may not have been previously eligible for a company car, access to a range of new, fully maintained, multi-make EVs.

Alphabet launches new salary sacrifice product

Jun 30, 2022

Business and mobility specialist Alphabet has announced the launch of its own in-house salary sacrifice product for corporate customers, in response to the growing interest in electric vehicles (EVs) from companies and staff keen to benefit from tax breaks and the chance to go green. Salary Sacrifice offers companies the flexibility to offer all employees, including those who may not have been previously eligible for a company car, access to a range of new, fully maintained, multi-make EVs.

Cost-of-living crisis boosts interest in EV salary sacrifice schemes

Increasing numbers of households are opting for salary sacrifice schemes on electric vehicles (EVs) as the cost-of-living crisis starts to bite, according to Fleet Alliance. The Glasgow-based fleet management and leasing specialist says financial savings, as well as the chance to reduce carbon footprint, are driving greater EV take-up. Since its launch at the start of this year, some 54 companies and over 4,000 employees have taken advantage of the Fleet Alliance salary sacrifice scheme, which has been aimed primarily at SMEs but which is available to businesses of all sizes.

Cost-of-living crisis boosts interest in EV salary sacrifice schemes

Jun 30, 2022

Increasing numbers of households are opting for salary sacrifice schemes on electric vehicles (EVs) as the cost-of-living crisis starts to bite, according to Fleet Alliance. The Glasgow-based fleet management and leasing specialist says financial savings, as well as the chance to reduce carbon footprint, are driving greater EV take-up. Since its launch at the start of this year, some 54 companies and over 4,000 employees have taken advantage of the Fleet Alliance salary sacrifice scheme, which has been aimed primarily at SMEs but which is available to businesses of all sizes.

UK businesses lead the way in developing mobility solutions post-Covid

UK businesses are making modifications to their travel policies in response to the post-Covid rise in homeworking more quickly than their European peers, research from the latest Arval Mobility Observatory Barometer shows. Many are refining their approach to the company car fleet, in order to offer mobility services to a wider range of employees.

UK businesses lead the way in developing mobility solutions post-Covid

Jun 23, 2022

UK businesses are making modifications to their travel policies in response to the post-Covid rise in homeworking more quickly than their European peers, research from the latest Arval Mobility Observatory Barometer shows. Many are refining their approach to the company car fleet, in order to offer mobility services to a wider range of employees.

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Europe

Housing association parks flexi-lease in favour of Alphabet contract hire fleet

Jun 07, 2022

Alphabet has been named as a ‘one-stop shop’ and sole supplier for believe housing for its fleet of 163 LCVs and two company cars, following a competitive tender process fully managed by EVP Solutions. The move sees one of the largest housing associations in north east England switch from a flexi-lease model to contract hire, resulting in substantial savings via reduced resource and administration costs.

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.