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Topics discussed include what impact the COVID-19 lockdowns had on fleet management in the country, and what post-pandemic fleet activity could look like. The impact Brexit has had on the U.K. fleet industry, and the country’s tax policies to stimulate the sales of electric vehicles is also discussed.
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The United Kingdom new light commercial vehicle market enjoyed growth for the first month of the year as registrations of large vans single-handedly drove demand, surging 25.4% as all other segments experience double-digit decline.
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New car sales in the United Kingdom fell 29.4% last year, indicating their biggest annual drop since 1943 and the toughest year for the market since 1992, led by COVID-19 lockdown measures.
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Ford Fleet Management products and services are backed by a digitally connected ecosystem, which is designed to keep business vehicles working and on the road.
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Data shows that roughly one in seven cars and vans now operated by U.K. companies is either a hybrid or full electric vehicle, illustrating how they are becoming an everyday part of transport for businesses.
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Many fleet operators are unable to source appropriate electric vehicles for their needs while others have a business model that struggles to absorb the additional cost and charging constraints of running electric vehicles (EV).
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So far this year over 326,000 true fleet vehicles have been sold in the United Kingdom, which is roughly 179,000 less than last year.
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The U.K. new light commercial vehicle (LCV) market saw its first month of growth since January, with a 7.1% increase in registrations.
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Commercial vehicle production in the U.K. fell by 57.2% in June, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).
Read More →The new company, which will be called Ford Fleet Management, will see both parties collaborate to develop the capabilities to provide a competitive integrated leasing and fleet management offer.
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