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Europe

New Vehicle Shortages Puts Emphasis On Increased Fleet SMR Schedules

The ongoing semiconductor shortages, with the resultant delays on new vehicles, is impacting fleet replacement cycles. As a result, many fleets are now facing lifecycle extensions as shortage of replacement vehicles becomes a pressing issue, which in turn places a premium on Service, Maintenance and Repair (SMR) schedules.

Leasys Wins Large Fleet Order With Poste Italiane

Leasys has won a significant tender to provide vehicles for the Italian postal service.The deal for Poste Italiane is for 13,647 vehicles under an operating lease - which more than doubles the postal service’s current fleet - will be deployed in the North-East and the Centre-South of Italy.

New Sales Director Role At Cox Automotive Europe

Cox Automotive Europe, the world-leasing automotive services operation, has created a new Sales Director role and appointed Sam Watkins to the position, effective June 7, 2021. Watkins, who after two years has recently stepped down as Chair of the Vehicle Remarketing Association (VRA), will report to James Leese, Chief Customer Officer for Cox Automotive Europe.

Assessments of European and U.S. Fleet Markets

Automotive Fleet Editor Mike Antich and John Dmochowsky, president of JC Consulting, examine key takeaways from the first week of the Global Fleet Conference, including fleet market reports on Europe, the USA, the Caribbean, and the EV adoption trends in Europe.

Chinese EV Maker NIO Enters European Market

NIO, a maker of electric vehicles in China, is taking its first steps into Europe with a sales center in Norway. First vehicles to launch there will be the NIO ES8 flagship SUV and the company’s flagship ET7 sedan. Norway has enjoyed high electric vehicle growth thanks to a variety of taxation and driver inducement to encourage take up of zero emission motoring. In 2020 battery electric vehicles took 54% of the Norwegian car market, a record.

Luxury Genesis Brand Launches in UK as Part of European Rollout

Hyundai’s luxury brand Genesis is launching into Europe, commencing sales operations in the UK, Germany, and Switzerland in 2021. Having already been present in Korea and the U.S. for several years, this is the first time the Genesis nameplate is taking on Europe

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