Supermarket chain Lidl launches vehicle leasing in Germany

Supermarket chain Lidl has launched a low-cost vehicle leasing venture in its home market of Germany. Known as Lidl-Auto, the service is a tie-up between the supermarket, digital leasing platform Vehiculum and Sixt Leasing. It offers the Kia Stonic SUV from €135 per month, along with a range of additional models.

Supermarket chain Lidl launches vehicle leasing in Germany

May 06, 2021

Supermarket chain Lidl has launched a low-cost vehicle leasing venture in its home market of Germany. Known as Lidl-Auto, the service is a tie-up between the supermarket, digital leasing platform Vehiculum and Sixt Leasing. It offers the Kia Stonic SUV from €135 per month, along with a range of additional models.

Fleets drive efficiencies with autonomous decisions

Digital decision-making is transforming fleet operations as repetitive tasks are delegated to computers while managers focus on high-value assignments. John Maslen reports.

Fleets drive efficiencies with autonomous decisions

Apr 21, 2021

Digital decision-making is transforming fleet operations as repetitive tasks are delegated to computers while managers focus on high-value assignments. John Maslen reports.

The future of fleet transport in a post-pandemic era

As businesses focus on returning to normal following the global pandemic, many are asking the question ‘What does normal look like now?’. After such a prolonged period under numerous lockdowns, with employees working from home and employers developing online business models, many companies have now adapted to the changed environment by introducing new processes and developing innovative ways of working.

The future of fleet transport in a post-pandemic era

Apr 16, 2021

As businesses focus on returning to normal following the global pandemic, many are asking the question ‘What does normal look like now?’. After such a prolonged period under numerous lockdowns, with employees working from home and employers developing online business models, many companies have now adapted to the changed environment by introducing new processes and developing innovative ways of working.

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Europe

AA launches inner-city car leasing service

Apr 02, 2021

The AA has launched a new leasing service, offering cars compliant with low-emission zones for use in cities subject to the schemes. Known as AA Smart Lease, it offers new cars exempt from clean-air zone charges. The zones currently exist in London and Bath, while others, including Birmingham, are set to follow later in 2021 and beyond. Although there are differences between the schemes, UK clean-air zones, including London’s ULEZ, typically permit Euro 4 petrol cars (generally registered after 2005) and Euro 6 diesels (generally registered after September 2015) to enter without charge.

Americas

PACCAR Financial Services reports record revenues

Feb 06, 2020

Assets at PACCAR Financial Services reached a record $16.07 billion last year as its portfolio grew to 208,000 trucks and trailers. The results include PacLease, a major full-service truck leasing company in North America and Europe, which has a fleet of more than 40,000 vehicles. PFS revenues were a record $1.48 billion in 2019 compared to $1.36 billion in 2018. Last year’s pre-tax profits were $298.9 million.

Asia Pacific

SG Fleet widens service offering in Australia through strategic investment in car subscription provider Collaborate

Dec 16, 2019

Vehicle leasing company SG Fleet has bought a stake in Australian mobility specialist Collaborate Corporation for $2.2 million to widen its service offering. Collaborate’s core businesses are its car subscription service ‘Carly’ and a range of peer-to-peer vehicle rental offerings. With Carly, users pay a monthly subscription fee to access any vehicle from the entire fleet available.