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Honda’s Decision Highlights the Challenge

Honda’s Decision Highlights the Challenge

​What a difference a couple of years can make!

The challenges faced by vehicle manufacturers in meeting the environmental needs of the world are causing the likes of Honda to rethink their strategy. We have commented regularly on the direction of travel being driven through legislation and tax. The decline in export demand to China has hurt our British car industry. Now we must consider the cost of convergence to electric vehicles. This is the message that Honda have sent out.

We have previously talked about the cost of change to electric vehicles (EV) in relation to the infrastructure. This week’s announcement from Honda shines the spotlight on the cost borne by manufacturers in meeting the technological production switch.

All this change will have an impact on fleet policy and whilst we don’t claim to have the answers to these difficult questions, we are keen to provide assistance to fleet decision makers who are trying to plan in an environment of uncertainty.

Why not start that conversation with Marshall Leasing today and together we can perhaps help you navigate through these extraordinary times?

To find out more on how Marshall Leasing can assist with all of your fleet requirements, please call us on 01480 414541.

 

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Marshall Leasing is a trading division of N.I.I.B. Group Ltd a company registered in Northern Ireland under company NI3721, whose registered office is situated at 1 Donegal Square South, BELFAST, BT1 5LR. N.I.I.B. Group Limited is authorised and regulated by the Financial Conduct Authority