Company Car
Today

Your Independent source of fleet news, reviews & interviews

Round-up: Golf topped, AFP expects training boost, Addison Lee acquired

Golf toppled as Europe’s biggest-selling car

The Volkswagen Golf was knocked off the top spot of European sales last month, with Renault’s new Clio beating the lower medium hatchback to the number one spot off the back of the new Golf being about to hit showrooms. VW was though still top manufacturer, well clear of Peugoet and Renault.

Volkswagen Golf mk7 2019The early impacts of Covid-19 saw Europe-wide sales drop by 7.0% year-on-year, ahead of the huge falls expected in the March figures, and only six European markets, which totalled 4% of European sales, recorded positive figures versus February 2019. The UK’s 3% fall was behind France but ahead of the other major markets.

Top PHEV was the Mitsubishi Outlander ahead of the Kia Niro and Volvo XC60, while the Renault Zoe was top electric car, with the VW Golf second and Tesla Model 3 in third.

 

New united fleet association anticipates boom in online training

 

The Association of Fleet Professionals is expecting a membership boom thanks to demand for its online distance learning courses increasing as the coronavirus continues to affect business.

Peter Eldridge, director, ICFMAFP, formed by the merger of fleet bodies ACFO and ICFM, with the latter being the industry’s key training provider, offers both its Introductory Certificate in Car Fleet Management and Intermediate Certificate levels in car and LCV management as distance learning, although its diploma programme has been suspended along with all classroom-based activity until Government guidance changes.

“The coronavirus (Covid-19) pandemic is having a seemingly unprecedented in at least a generation impact on the world generally and the fleet industry as a whole,” said fleet academy sales and marketing director Peter Eldridge. “The Fleet Academy is committed to providing online courses that take into account the limitations on travel and social gathering that we are all facing, and will continue to do so over the coming months.”

 

Addison Lee acquired

London car service Addison Lee has been acquired by a consortium led by the company’s former chief executive Liam Griffin, who will be joined on the board by “other key members of the previous management team” in a deal financed by Cheyne Capital’s Strategic Value Credit business.

Addison LeeIt was reported last year that previous owner Carlyle was seeking to sell to avoid debt restructuring, with pre-tax losses of £38.9m in the year to August 2018, up from a £20.8m loss the year before.

“This deal represents an exciting new chapter for the business as we look to build on our 45-year heritage and retain our position as London’s most trusted car service” said Griffin. “I am confident that with Cheyne’s SVC team on board, we have the right partner for long-term success and we will continue to invest in our technology, vehicles and drivers so that the Addison Lee experience remains synonymous with the highest levels of quality, reliability and flexibility.