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Catch up on the latest news about on fleet management, the automotive Industry and Marshall Leasing

New car registration increased by 28% in March 2021

New car registration increased by 28% in March 2021

The number of new company cars registered to fleets increased by 28% (34,686 more cars) in March 2021, compared with the same period in 2020.  The Society of Motor Manufacturers and Traders (SMMT) found that in total, there were 283,964 new car registrations in March 2021, with fleet and business registrations accounting for 55.3% of the month’s market share.  Although, recent research has shown that demand for new cars is down in 2021 compared with previous years, with year-to-date figures from the SMMT showing that new car... Read full article

Government invests in Cornish Lithium mine for new electric technology

Government invests in Cornish Lithium mine for new electric technology

Eco-technology company Cornish Lithium has been extended a share of the UK government’s £9.4million investment into new battery and electric vehicle technology.  The funding will be split between twenty-two studies, also including a Cheshire-based EV magnet plant and a Loughborough company creating hydrogen storage for cars and vans.  Minister for Investment Gerry Grimstone said, “We have set an ambitious target to phase out the sale of new petrol and diesel cars by 2030. To support that it is crucial we invest in... Read full article

Both late and early MOT bookings have tripled

Both late and early MOT bookings have tripled

Servicing and repair company Kwik Fit has revealed that the number of drivers who ran over their MOT expiry date by more than three weeks has tripled in the last six months, in comparison to the same period in 2019. Figures show that 9% of MOT tests booked in the last six months were late by three or more weeks, compared with 3% throughout the whole of 2019.  On the flip side, the number of drivers booking their MOT five or more weeks ahead of its renewal date has also tripled.  Kwik Fit highlighted that these changes are likely a result of... Read full article

BVRLA forms new partnerships to provide market data and analysis for its members

BVRLA forms new partnerships to provide market data and analysis for its members

The British Vehicle Rental and Leasing Association (BVRLA) will partner with APD Global Research, Auto Trader and automotive experts Cap HPI to provide market data and trend analysis for its members. According to Fleet News, each of these partners will contribute as follows:  Auto Trader will be tracking metrics and trends relating to levels of supply and demand in the current market and fluctuations in the pricing of used cars. This data will be calculated based on daily pricing analysis of circa 900,000... Read full article

Have you heard of JustPark?

Have you heard of JustPark?

Lockdown restrictions in the UK are slowly lifting, and we find ourselves once again with the freedom to travel.  For some, this will mean reinstating the work commute, or planning day trips to the beach. One thing that hasn’t changed, though, is the issue of parking. The new inbound Code of Practice for private parking companies will hopefully see parking made cheaper and ‘cowboy’ parking operators regulated, but the fact remains that parking is hard to find and there is a public caution towards parking meters and... Read full article

The Zemo Partnership launches new renewable fuels approval scheme

The Zemo Partnership launches new renewable fuels approval scheme

The Zemo Partnership, formerly the Low CVP, has launched a new approval scheme for renewable fuels, which is set to boost fleet uptake.  The Renewable Fuels Assurance Scheme (RFAS), working alongside the government’s Renewable Transport Fuel Obligation (RTFO), aims to provide a “mechanism for guaranteeing that fleet operators are purchasing bulk supplies of sustainable low carbon fuels” by verifying “claims made by companies supplying renewable fuels to heavy-duty vehicle and equipment operators regarding their... Read full article

The number of cars needing a new battery has increased by a third during lockdown

The number of cars needing a new battery has increased by a third during lockdown

A telematics provider has found that the number of vehicles needing a new battery has increased by a third during lockdown, reports Fleet News. Research into the effects of lockdown on the health of 5,000 vehicles shows that, whilst there was an overall decline of 4% in fault codes, the number of batteries needing a re-charge had increased by 46%. This highlights the value of telematics systems. We at Marshall Leasing are pleased to offer our own telematics service, Marshallmatics, which is a great tool for tracking driver behaviour and the impact it may have on... Read full article

New super-deduction for new heavy and light commercial vehicles could save fleets 25p for every pound invested

New super-deduction for new heavy and light commercial vehicles could save fleets 25p for every pound invested

HMRC have confirmed that fleets investing in new and unused heavy and light commercial vehicles can claim a 130% "super-deduction" tax relief, or a 50% first-year allowance for qualifying special rate assets from April 1, 2021, to March 31, 2023, as announced in the Budget. It is important to note that company cars do not qualify for these plant and machinery tax deductions.  Formerly, super-deduction qualifying new plant and machinery expenditure would receive a main rate writing down allowance of 18%, or special rate writing down... Read full article

New BVRLA Electric vehicle training courses for fleets

New BVRLA Electric vehicle training courses for fleets

The British Vehicle Rental and Leasing Association (BVRLA) has launched two electric vehicle training courses, which are online and instructor led.  One of the courses focuses on electric cars, with the other covering commercial electric vehicles.  The latest BVRLA Quarterly Leasing Survey showed that nearly one-fifth of its members have at least partly electrified their fleets. BVRLA rental and leasing members have also pledged to register 400,000 new battery electric cars and vans annually by 2025. BVRLA Head of Learning &... Read full article

PodPoint supply charge points for London Borough of Waltham Forest’s new electric fleet

PodPoint supply charge points for London Borough of Waltham Forest’s new electric fleet

Our business partner PodPoint has supplied electric vehicle (EV) charge points for the London Borough of Waltham Forest’s (LBWF) new fleet of 12 Nissan e-NV200 electric supervisor vans. The EV chargers have been installed at LBWF’s town hall, low Hall depot and Jubilee Sports Ground depot. Home charge points have also been installed for supervisors. Waltham Forest Council deputy leader and cabinet member for environment Councillor Clyde Loakes said, “We are taking the climate emergency extremely seriously and are looking at ways to... Read full article

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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