Orders open for PHEV Cupra Formentor
Seat’s performance brand Cupra has opened the order books on the 33g/km Formentor e-Hybrid SUV coupe.
The model, which has an electric-only range of 32-34 miles for the VZ2 and VZ1 trim levels respectively, and costs from £38,625. That means a 10% BiK band for 2021/22 tax year. The powertrain combines 150hp petrol engine and 85kW motor for a combined 245hp for the brand, which launched as a stand-alone sibling to Seat in 2018 with the Cupra Ateca version of Seat’s crossover model.
EVs up to 15% of new lease vehicles
Battery electric vehicles accounted for 15% of new lease car registrations in the third quarter of 2020, according to the latest figures from the BVRLA.
The association’s Quarterly Leasing Survey found plug-in hybrid and hybrid vehicles overtook diesel to take a combined 36% share of new cars registered through leasing companies in Q3 of 2020 as average emissions dropped by 2g/km to 105g/km, around 8% lower than the new car average.
The leasing market shrank by 6% year-on-year, with business fleet vehicles dropping by 8.7%.
“Quarter three of last year delivered the long-awaited surge in BEV registrations that we expected after the introduction of the zero-rate BiK incentive,” said BVRLA Chief Executive, Gerry Keaney. “A massive 21% of new business contract hire car registrations were BEVs, once again demonstrating that the company car sector is driving the transition to zero emission motoring.”
Former Vauxhall fleet boss Howkins joins flexi-lease firm
Long-standing industry figure and former Vauxhall fleet director Maurice Howkins has joined flexible lease provider SOGO as corporate sales director, with responsibility for growing corporate sales in the service that offers vehicle leases from one month long, including insurance, maintenance, breakdown cover and flexibility.
“SOGO has ambitious growth plans, and I can’t think of a better champion for the brand than Maurice,” said SOGO sales director Lee O’Connell. “He brings a huge amount of experience and an enviable network of contacts.”