Brokers ‘turning to medium-term rental’
Elongated new car delivery timescales is leading to leasing brokers to use medium-term rental solutions to plug the gap, it has been claimed.
According to Meridian Vehicle Solutions – a medium-term rental company – personal contract hire brokers are using its services to keep their customers mobile while between vehicles.
Phil Jerome, managing director of the firm, said: “New car delivery times have clearly been a problem for some time but the growth of PCH is creating quite an acute and growing issue. Unlike company car drivers, people taking out these leases will often not have any alternative means of transport while waiting, so there is a demand for a vehicle solution that fills in the delivery gap.”
Arval hosts hydrogen workshop
More than 50 people attended leasing company Arval’s hydrogen roadshow, the firm has said.
Held at the National Trust property Heelis in Swindon, “Driving Innovation, Investment and A Cleaner Future”, attracted businesses, local politicians and other influencers during a morning session that explained the hydrogen transport proposition in detail.
Paul Marchment, senior business manager at Arval, said: “We are really pleased with the turnout for the first roadshow. There was a genuine sense of engagement with the subject and a lot of enthusiasm. Our aim at each location is to reach audiences who together can help drive positive change. We want to show them hydrogen vehicles and explain how the technology works. Once you know more about the technology, you are more likely to adopt and champion it.”
I-Pace named as World Car of the Year
The Jaguar I-Pace electric vehicle has been named as World Car of the Year for 2019.
Its award win follows on from the vehicle being crowned as both the UK and European Car of the Year last month, while Jaguar previously took the WCoTY title home in 2017 with the F-Pace.
As well as being crowned the World Car of the Year, it was also named as World Car Design of the Year and World Green Car of the Year.
Dr. Ralf Speth, Chief Executive Officer of Jaguar Land Rover, said: “It is an honour that the Jaguar I-PACE has received these three accolades from the prestigious World Car jurors. We started with an ideal, to move towards our Destination Zero vision; zero emissions, zero accidents and zero congestion. The I-Pace is our first step to achieving this, and it was conceived when EVs were little more than a niche choice.”