ACFO joins Fleet and Mobility Management Federation Europe

ACFO, the UK fleet decision-makers’ organisation, has formally joined the Fleet and Mobility Management Federation Europe (FMFE). FMFE was launched last year as the European Fleet and Mobility Association (EUFMA). The UK fleet association joins bodies from Austria, Germany, Italy, Spain and Switzerland.

ACFO joins Fleet and Mobility Management Federation Europe

May 24, 2019

ACFO, the UK fleet decision-makers’ organisation, has formally joined the Fleet and Mobility Management Federation Europe (FMFE). FMFE was launched last year as the European Fleet and Mobility Association (EUFMA). The UK fleet association joins bodies from Austria, Germany, Italy, Spain and Switzerland.

Free2Move Lease becomes Vauxhall’s in-house business contract hire provider

Free2Move Lease has been appointed as in-house provider of business contract hire for the Vauxhall retailer network. The moves follows Opel/Vauxhall’s acquisition by Groupe PSA two years ago from previous owners GM.

Free2Move Lease becomes Vauxhall’s in-house business contract hire provider

May 24, 2019

Free2Move Lease has been appointed as in-house provider of business contract hire for the Vauxhall retailer network. The moves follows Opel/Vauxhall’s acquisition by Groupe PSA two years ago from previous owners GM.

Car-sharing provider Getaround launches global expansion with $300 million Drivy acquisition

US-based car-sharing provider Getaround has taken the first step of its global expansion with the acquisition of European peer-to-peer rental platform Drivy for $300 million. Drivy is the largest and fastest-growing car-sharing service in Europe, with the two companies sharing a business model that allows vehicle owners to provide their cars for rent when they aren’t being used. The services aim to transform private car utilisation for owners, whose vehicles typically stand idle around 95% of the time.

Car-sharing provider Getaround launches global expansion with $300 million Drivy acquisition

Apr 26, 2019

US-based car-sharing provider Getaround has taken the first step of its global expansion with the acquisition of European peer-to-peer rental platform Drivy for $300 million. Drivy is the largest and fastest-growing car-sharing service in Europe, with the two companies sharing a business model that allows vehicle owners to provide their cars for rent when they aren’t being used. The services aim to transform private car utilisation for owners, whose vehicles typically stand idle around 95% of the time.

Europe

Days left for fleet leasing companies and suppliers to secure place at regulatory forum

Mar 29, 2019

The International Asset Finance Network Consumer and Business Auto Finance Regulatory Forum 2019 takes place in London this Thursday, leaving fleet leasing companies and suppliers just days left to secure their place. Companies can complete the attached form or visit the event website to register for the conference on April 4. The regulatory forum provides detailed guidance on the latest regulatory challenges facing fleet and auto finance companies. Among the key fleet issues covered are the impact of tougher emissions tests (WLTP) on fleet demand and the finance opportunities related to the arrival of Clean Air Zones in the UK.

Americas

Geotab signs telematics deal for 217,000 vehicles with GSA Fleet

Mar 27, 2019

Geotab, a global specialist in the Internet of Things (IoT) and connected transportation, has been awarded the largest single-source telematics contract to date by GSA Fleet, a division of the General Services Administration, which provides centralized procurement for US federal agencies. With one of the largest fleets in America, GSA Fleet will equip its 217,000 vehicles with Geotab’s fleet management technology. Since 1954, GSA Fleet has been providing vehicles and fleet management services to more than 75 participating federal agencies.

Asia Pacific

McMillan Shakespeare and Eclipx agree merger

Nov 21, 2018

McMillan Shakespeare and Eclipx have agreed a merger to create a new market leader in salary packaging and fleet management for Australia and New Zealand. As part of the deal, the MMS board will expand to include three Eclipx directors, while current MMS CEO and CFO, Mike Salisbury and Mark Blackburn, will retain their titles in the combined group. The deal requires shareholder approval, but the businesses say it brings major financial benefits, including efficiency savings. The combined businesses provide salary packaging, novated leasing, fleet leasing and fleet management services throughout Australia and New Zealand.