As another lockdown leaves company car activity stalled in suspended animation, a new BVRLA report analyses the market and the long-term trends that will drive its destiny.
The BVRLA has written to HM Treasury ahead of the Spring Budget to outline what the Chancellor must do for the vehicle rental, leasing and fleet sectors to support recovery.
The Committee of Climate Change has published its Sixth Carbon Budget report today, stating that all car and van sales should be fully electric by 2032 and advises on a ban on the sale of new diesel trucks and lorries by 2040.
The BVRLA has welcomed the Government’s decision in taking a phased approach to ending the sale of petrol and diesel car and vans but warns that setting dates is only the start of the process.
The BVRLA responds to reports that the Chancellor Rishi Sunak is considering road pricing to offset loss in fuel duty as electric vehicle uptake grows.
The BVRLA has published findings from both its half-year Leasing Broker Survey and Quarterly Leasing Survey, showing an overall market decline despite increasing demand for personal contracts.
Failure to reach an EU trade deal will hit cash-strapped UK businesses, destroy the fragile recovery in the automotive sector and slow down the uptake of electric vehicles, the BVRLA has warned.