December 2013

Monthly Archives

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    Fraikin refreshes rental fleet with Ategos

    The first trucks to wear the company’s recently updated livery are being assigned to its rental fleet of around 1,000 vehicles. This comprises everything from vans through to 44-tonne tractor units, and includes specialist equipment such as dropsiders with cranes, and refrigerated trucks and vans. Business users can hire these vehicles by the day. There's […]

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    Used van values hit record high at auction

    The average selling price of a van at auction has risen to £4,424 (a year-on-year increase of £33) – the highest recorded figure since Manheim began tracking values in 2007. The previous record was in April 2010, when values peaked at £4,317. Such strong values continue to be seen at auction, despite a rise in […]

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    Fleets showing increased interest in leasing

    The North West-based leasing and asset funding specialist has announced a 40% growth in new vehicles leased for the year to October 2013, which it attributes to the strength of the industry as well as its own leasing industry relationships and competitive manufacturer deals. Mark Anderson, Academy Leasing’s vehicle finance director, said: ‘Firms are increasingly […]

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    CAP replaces CAP Monitor with Gold Book and Gold Book iQ

    First launched in 1991 as CAP Monitor, the Gold Book upgrades CAP’s provision of future residual values by radically enhancing the agility and sophistication of its forecast provision and aligning all forecasts to a clear view of future movements in the used car market differentiated by age, vehicle sector and fuel type. The Gold Book […]

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    Leasedrive set for further growth following majority investment by HgCapital

    The UK’s largest independent privately-owned vehicle management group has announced that private equity investor HgCapital has bought 80% of the Leasedrive Group, with former major shareholder Lloyds Development Capital (LDC) and the management having rolled 20% of their investment/equity into the new financial structure. The senior executive team remains the same and is led by […]

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    NAMA launches new website

    http://www.nama-uk.com/ uses a fresh design and modern layout that make it more user-friendly, with clearly structured content and interactive and transactional in order to provide users with a significantly enhanced digital experience. This includes easy access to content such as monthly auction data reports. The site has also been structured to enable a high degree of flexibility […]

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    Government caps increase in parking penalty charges for rest of Parliament

    Set out by Communities Secretary Eric Pickles, the billion pound package of support for the UK’s high streets includes a new consultation to tackle aggressive parking policies, which harm high streets; and a review of double yellow lines, legislating to allow “grace periods” and stopping CCTV being used for enforcement. The Government will also cap […]

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    New fuel benefit and van benefit charges announced for 2014/15

    The changes will see the van benefit charge increase from £3,000 for 2013/14 to £3,090 for 2014/15. In addition, the van fuel benefit charge will rise from £564 for the current tax year to £581. Meanwhile, company car fuel benefit charges will increase from £21,100 for 2013/14 to £21,700 for 2014/15, making free private fuel even […]

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    Kier Stoke choose Econetic Transit for fleet refresh

    Ford’s 100bhp turbo diesel engine combines the latest technology to offer a claimed 10% reduction in fuel consumption. Features include acceleration control to limit harsh acceleration, stop-start technology to reduce idle fuel consumption and speed limiters for motorway driving. Other fleet innovations include a high powered jet wash van for cleaning blocked drains, scooters for […]

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