Amazon signs one of world’s largest fleet deals with Mercedes-Benz

Amazon has become the world’s largest customer for the Mercedes-Benz Sprinter with an order for more than 20,000 vans in the US. The deal was announced as Mercedes-Benz Vans opened its new Sprinter plant for the North American market, where most of the initial production has been for the global online retailer. The facility in South Carolina cost $500 million, with more than 900 people working at the expanded site. That number is set to grow up to 1,300 by the end of 2020.

Amazon signs one of world’s largest fleet deals with Mercedes-Benz

Sep 10, 2018

Amazon has become the world’s largest customer for the Mercedes-Benz Sprinter with an order for more than 20,000 vans in the US. The deal was announced as Mercedes-Benz Vans opened its new Sprinter plant for the North American market, where most of the initial production has been for the global online retailer. The facility in South Carolina cost $500 million, with more than 900 people working at the expanded site. That number is set to grow up to 1,300 by the end of 2020.

Penske Truck Leasing to promote EV charging

Penske Truck Leasing, a specialist in full-service truck leasing, has joined the Charging Interface Initiative (CharIN), a worldwide industry alliance focused on promoting the Combined Charging System (CCS) as the global standard for charging electric vehicles (EVs) of all types. Penske will focus its attention on helping to promote electric vehicle charging standards for commercial vehicles in North America by participating with the group's High Power Charging for Commercial Vehicles Task Force (HPCCV Task Force).

Penske Truck Leasing to promote EV charging

Aug 31, 2018

Penske Truck Leasing, a specialist in full-service truck leasing, has joined the Charging Interface Initiative (CharIN), a worldwide industry alliance focused on promoting the Combined Charging System (CCS) as the global standard for charging electric vehicles (EVs) of all types. Penske will focus its attention on helping to promote electric vehicle charging standards for commercial vehicles in North America by participating with the group's High Power Charging for Commercial Vehicles Task Force (HPCCV Task Force).

Aldermore funding helps fleet’s European expansion plans

UK-based Chariots Express has agreed an increase in its finance facility with specialist bank Aldermore to fund European expansion plans. The deal, worth £300,000, will enable the business to compete for new contracts both in the UK and abroad and also manage the increase in expenditure associated with expansion.

Aldermore funding helps fleet’s European expansion plans

Aug 29, 2018

UK-based Chariots Express has agreed an increase in its finance facility with specialist bank Aldermore to fund European expansion plans. The deal, worth £300,000, will enable the business to compete for new contracts both in the UK and abroad and also manage the increase in expenditure associated with expansion.

Europe

UK fleet replacement cycles much shorter than EU average

Aug 21, 2018

UK fleets have much shorter replacement cycles compared to the European average, according to new research from global vehicle leasing giant Arval. The average replacement cycle for a car in the UK is 3.9 years but the average for a basket of 12 other European countries is 5.7, with a variance from more than six years for small businesses to five years for companies with more than 250 employees. The finding comes from the 2018 edition of Arval’s Corporate Vehicle Observatory Barometer, which is based on research into 3,718 fleets.

Americas

Fleet operators at centre of Toyota autonomous driving deal with Uber

Aug 29, 2018

Toyota Motor Corporation (TMC) and ride-hailing giant Uber have announced a major new collaboration in a bid to encourage the mass adoption of autonomous vehicle technology. The companies have agreed to expand their collaboration with the aim of advancing and bringing to market ‘autonomous ride-sharing as a mobility service’ at scale. Technology from each company will be integrated into purpose-built Toyota vehicles to be deployed on Uber’s ride-sharing network.

Asia Pacific

Alphabet partners with Major Profi to expand into Russia

Aug 29, 2018

Global vehicle leasing company Alphabet International has expanded into Russia in partnership with Major Profi. The agreement increases Alphabet’s global reach to 23 countries. Rüdiger Ebel, head of new markets at Alphabet International, said: “We are happy to partner with Major Profi and strengthen our presence in Russia. “Major Profi has a reputation as an excellent service provider for its customers. We look forward to working with our new partners to expand our range of services in a country with a growing economy.”