Cambridge & Counties Bank positions itself to support SMEs’ switch to EVs

Cambridge & Counties Bank unveil EV lending scheme as 94% of SMEs consider the switch to green transport a top priority UK businesses that use vehicles have a responsibility to switch to electric vehicles (EVs) as soon as possible, according to 94% of SME business owners who took part in a recent study by Cambridge & Counties Bank (CCB). Some 46% of respondents added that this should be a top priority.

Cambridge & Counties Bank positions itself to support SMEs’ switch to EVs

Jan 14, 2021

Cambridge & Counties Bank unveil EV lending scheme as 94% of SMEs consider the switch to green transport a top priority UK businesses that use vehicles have a responsibility to switch to electric vehicles (EVs) as soon as possible, according to 94% of SME business owners who took part in a recent study by Cambridge & Counties Bank (CCB). Some 46% of respondents added that this should be a top priority.

Toyota gears up for hydrogen push and bolsters mobility offering

Toyota Motor Europe has established a Fuel Cell Business Group to oversee its regional hydrogen activities. Based in Brussels, the group intends to “strengthen the business case for hydrogen and support its introduction into mobility and other fields, making it accessible to new commercial partners”. The manufacturer said it planned to establish hydrogen “clusters” in European cities where local infrastructure supports fleet and mobility services. It claimed such moves would increase demand for the fuel, reduce costs and improve the viability of the infrastructure.

Toyota gears up for hydrogen push and bolsters mobility offering

Dec 23, 2020

Toyota Motor Europe has established a Fuel Cell Business Group to oversee its regional hydrogen activities. Based in Brussels, the group intends to “strengthen the business case for hydrogen and support its introduction into mobility and other fields, making it accessible to new commercial partners”. The manufacturer said it planned to establish hydrogen “clusters” in European cities where local infrastructure supports fleet and mobility services. It claimed such moves would increase demand for the fuel, reduce costs and improve the viability of the infrastructure.

Fleet leasing leaders discuss future transition to electric vehicles at IAFN Online event

Two of the UK’s most experienced leasing industry executives will give their insights into the industry’s transition to electric vehicles at a major online seminar. Miguel Cabaca, managing director of Arval UK and Ian Tilbrook, former fleet director of Volkswagen Financial Services, will give their expert opinion on the impact of new plans announced by UK Prime Minister Boris Johnson to ban the sale of new petrol and diesel powered cars and vans by 2030. They will be joined by Toby Poston, director of corporate affairs at the British Vehicle Rental and Leasing Association for the event, which will be hosted by IAFN co-founders Edward Peck and Brian Rogerson, along with industry expert David Betteley.

Fleet leasing leaders discuss future transition to electric vehicles at IAFN Online event

Nov 23, 2020

Two of the UK’s most experienced leasing industry executives will give their insights into the industry’s transition to electric vehicles at a major online seminar. Miguel Cabaca, managing director of Arval UK and Ian Tilbrook, former fleet director of Volkswagen Financial Services, will give their expert opinion on the impact of new plans announced by UK Prime Minister Boris Johnson to ban the sale of new petrol and diesel powered cars and vans by 2030. They will be joined by Toby Poston, director of corporate affairs at the British Vehicle Rental and Leasing Association for the event, which will be hosted by IAFN co-founders Edward Peck and Brian Rogerson, along with industry expert David Betteley.

Europe

Flexible mobility prime concern for consumers and corporates, says Thrifty as fleet product grows 50%

Nov 16, 2020

The benefit to business in complete fleet flexibility cannot be overstated as private and business customers require more adaptability in the UK’s fast-changing economic climate, says Thrifty Car & Van Rental. As proof of this statement, Thrifty revealed a 50% increase year-on-year in the number of rentals made via its flexible private and corporate rental service, FlexiFleet, since the first lockdown period was eased.

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.