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

Carmakers are worried about ‘stranded assets’ in the process of electrification

06 January 2021

The Guardian has reported that carmakers are finding themselves in a ‘race’ to either shut, switch or sell factories which produce vehicles with internal combustion engines (ICE) as they adapt to meet the 2030 deadline of electrification. The increase in electric vehicle (EV) sales has reportedly eaten into the value of ICE factories, making them ‘stranded assets.” Investment bank, Jefferies, analyst Philippe Houchois told the Guardian that carmaker’s share prices will depend on their ability to avoid such stranded... Read full article

2030 deadline for electrification: What you need to know

31 December 2020

We understand that you are likely to be worried about the 2030 deadline for the ban on the sale of new petrol and diesel cars and vans, and what it might mean for your fleet. In this transition period, it is important to get to grips with the factors that will influence your ability to meet the deadline. At present, Benefit in Kind (BIK) tax has been greatly reduced for low and zero-emission vehicles until 2024-25. The government has not yet given clarification as to whether these rates will remain until the end of the decade. For people responsible... Read full article

Driving with snow on your car could cost you 3 points?

30 December 2020

Did you know that driving with snow on your car can cost you up to 3 points on your licence and a £60 fine? It’s not just your windscreen either… If a police officer sees snow fall from any part of your vehicle, they can issue the above penalties. This is in accordance with section 229 of the Highway code – ‘driving in adverse weather conditions’. Why? Jack Cousens, the AA’s head of roads policy said, “If snow on the roof of your car falls off on to your windscreen, or flies into the path of another car,... Read full article

Is the 2030 ban on the sale of new petrol and diesel cars and vans too soon?

29 December 2020

Fleet News has conducted a survey which revealed that almost two-thirds of fleets believe implementing a ban on the sale of new petrol and diesel cars from 2030 is too soon. Ban on the sale of new petrol and diesel cars The survey of more than 600 fleet decision-makers, which ran from November 24 to December 2 2020, found that: Just 29% agreed with the implementation date for cars 21% would have preferred that the ban be introduced from 2035 22% believed that the start date should be 2040, as originally suggested by the UK government 11% believed it... Read full article

Merry Christmas from Marshall Leasing!

24 December 2020

It’s all about YOU! We at Marshall Leasing would like to wish you a Merry Christmas and a Happy New Year. What we say to all of our clients is that regardless of the circumstances, we never forget that you have a choice. Being a Bank or Ireland business allowed us to respond quickly to the economic challenges faced by our client community. Although this year has been hugely challenging, we are immensely proud of our teams and how they managed to maintain operational excellence. If you’d like to know more about how we could... Read full article

UK welcomes green number plates

23 December 2020

Green number plates can now be legally used for purely electric vehicles in the UK, a rule which came into effect on December 8 2020. The design for these new number plates was approved by ministers in June 2020 as part of the UK government’s plans to achieve net zero emissions by 2050. Following the conclusion of a consultation by the UK government which invited comments from the public, local authorities and industry stakeholders from relevant sectors, the new plates have been introduced in the hope of making it easier for people to... Read full article

Drivers are switching off ADAS safety systems

22 December 2020

Autoglass surveyed 1,400 drivers with advanced driver assistance system (ADAS) enabled vehicles and found that 41% intentionally switch off safety systems such as autonomous emergency braking (AEB), which are now a common feature in new cars and vans, or lane departure warning systems, whilst driving. Almost a quarter (24%) of ADAS enabled vehicle drivers said they had not been provided with any information about the importance of safety features. Clearly, ADAS can help keep drivers and passengers safe, but only if the technology is switched on and operating... Read full article

Another charge to travel in London?

19 December 2020

A £3.50 Greater London boundary charge is being considered in addition to the existing £15 congestion charge and £12.50 Ultra Low Emission Zone (ULEZ) in central London which is due to expand to the suburbs on October 25 2021. Transport for London (TfL) has seen its income collapse due to the coronavirus pandemic, and Mayor of London Sadiq Khan is now looking for ways to restore TfL’s finances. Though the feasibility of another charge is being investigated, it would not be implemented for at least two years, giving the economy time to... Read full article

UK government lays out plans for safe travel during Christmas

18 December 2020

On December 3 2020, the Transport Secretary Grant Shapps outlined comprehensive Christmas Travel Measures to help people travel safely over the Christmas period between December 23 and December 27 2020. These plans include the clearing of 288 miles of maintenance works and 778 miles of roadworks on motorways and A-roads. The speed limit for roads on which essential roadworks must continue, such as the M6 and the M1, will be set at 60mph where possible. 70% of local authorities have confirmed to ministers that they... Read full article

Do you have EV ‘range anxiety’?

11 December 2020

The Competition and Markets Authority (CMA) is launching a market study to examine the electric vehicle charging sector. The electric vehicle is quickly growing in popularity and now that the government has brought forward the ban of new petrol and diesel vehicles to 2030, CMA want to ensure that the electric vehicle charging sector can keep up and instil confidence in consumers. ‘Range anxiety’ is recognised as one of the key reasons people are put off choosing an EV. Range anxiety is the fear over the distance an EV can travel... Read full article

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