Company Car

Your Independent source of fleet news, reviews & interviews

Afternoon round-up: Honda fleet boss, Volvo app, used values rise again

New fleet boss for Honda

Honda has confirmed Marc Samuel as its fleet sales operations manager, heading its corporate fleet and SME operation.

Honda fleets sales operations manager Marc Samuel

Samuel steps up from his previous role as Honda’s national sales manager, a role he took last July following a move from Manheim, where he was account director.

Samuel had previously worked for Volkswagen as national fleet sales manager, and takes the top role as the new Civic launches and the brand seeks to re-establish itself in the corporate sector.

“My immediate focus is to lead our fleet and corporate team and to build on the initial success of our relaunched Platinum Programme,” said Samuel. “What’s more, I’m confident we have a great range of cars for fleet customers and the programme will help them understand fully how Honda vehicles can best support their business.”


New Volvo tax guide app

Volvo has launched a new tax guide, designed to help company car operators and drivers understand the latest financial issues surrounding vehicle operation.

“The changes in company car tax thresholds continue to encourage low-CO2 company cars, but all the factors involved in funding a car can make the process quite daunting,” said Selwyn Cooper, Head of Business Sales, Volvo Car UK. “”Our new Fleet Tax Guide will help current fleet customers to stay ahead of any changes to their vehicle payments, while allowing companies looking to add Volvo to their fleet to make informed decisions based on the latest information, supporting them through the initial stages of the selection process.”

The app was developed by taxation expert BCF Wessex. “We developed the Fleet Tax Guide to replace the pocket tax guide that was hugely popular within the automotive industry for so many years,” said BCF Wessex director Jeff Whitcombe. “Our multi-platform digital guide is user-friendly and far more practical, offering up-to-date figures to provide a convenient way to access all the latest tax information relevant to businesses.”


Used values hit another record, reports BCA

March’s average used car values hit a record level for the second month in a row, according to the latest figures from remarketing giant BCA.

The increase on February was only £28, taking it to £8850, but year-on-year, values were up 12.9%. In the fleet and leasing sector, average values have risen by £714 on March 2016, with average age at 38.65 months, down slightly from 39.23 for the same month last year, but values rising by 7.3% or £714 to £10,455.

“BCA reports a continued richer mix of stock in the auction halls which is helping to keep average values firm,” said Simon Henstock, BCA Chief Operating Officer UK Remarketing. “Buyer demand was significant in March and conversion rates rose as a result.”