Latest news with #CentralContracts
Arab News
a day ago
- Sport
- Arab News
Pakistan Cricket Board downgrades contracts for Babar Azam and Mohammad Rizwan
ISLAMABAD: The Pakistan Cricket Board has downgraded deals for Babar Azam and Mohammad Rizwan in the latest list of 30 centrally contracted players announced on Tuesday. For the latest updates, follow us @ArabNewsSport Both Babar and Rizwan were in category A but have been relegated to join Abrar Ahmed, Fakhar Zaman, Haris Rauf, Hasan Ali, Saim Ayub, Salman Ali Agha, Shadab Khan and Shaheen Shah Afridi in category B. The PCB didn't contract any players at the highest level, instead selecting 10 players in each of the B, C and D categories. Pakistan's white-ball head coach Mike Hesson said last weekend that Babar needed to work on his strike-rate and playing against spin in the T20 format. Selectors yet again ignored both Babar and Rizwan in the Pakistan T20 squad for an upcoming tri-series and the Asia Cup. Pakistan finished at the bottom of the ICC World Test Championship and the PCB has demoted its test captain Shan Masood from category B to category D. Fast bowler Naseem Shah, who was also dropped for the upcoming T20 tournaments in the United Arab Emirates, was dropped from the second tier to the third tier of contracted players. Wickekeeper-batter Usman Khan, who chose to play for Pakistan over the UAE, was among the eight international players who didn't get a central contract. While some key Pakistan cricketers were demoted, legspinner Ahmed, fast bowler Rauf, opening batter Ayub, T20 captain Agha and legspinner Shadab Khan were all upgraded from C to B category contracts. The contracts run through June 30, 2026.
Yahoo
03-07-2025
- Automotive
- Yahoo
Central Contracts strengthens OEM partnerships
Central Contracts, the independent leasing broker trading as has announced a series of strengthened partnerships with major motor manufacturers, resulting in improved offers for its customers. Through closer collaboration with OEMs such as Kia, Toyota, and Stellantis, the company has gained access to enhanced vehicle stock, better pricing, and shorter lead times on high-demand models. According to the business, 75% of its volume over the past 12 months has come through direct manufacturer agreements, contributing to what it describes as a record year. The company has also maintained an average customer renewal rate of 45%, which it attributes to improved communication and service levels. Gareth Roberts, strategy director at Central Contracts, said the improved customer proposition is the result of a long-term strategy to engage more closely with manufacturers. 'We are now in a position to offer more competitive leasing options by building stronger OEM relationships and delivering on expectations,' he said. The company also points to broader market conditions as contributing factors. While the BVRLA reports a slight decline in the overall leasing broker fleet, Central Contracts has seen continued growth, particularly in the personal contract hire (PCH) segment. The recent interest rate cut has further supported consumer affordability. 'At a time when many consumers are managing tighter budgets, the lower interest rate environment enables us to offer more value,' Roberts added. Central Contracts says it expects its OEM partnerships to play a key role in future growth, supporting both customer acquisition and retention through improved vehicle availability and pricing. "Central Contracts strengthens OEM partnerships" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
15-04-2025
- Automotive
- Yahoo
Central Contracts reports record sales as leasing growth accelerates
Independent contract hire and leasing broker Central Contracts has reported record sales growth over the past 12 months, with volumes nearly doubling compared to 2023. The company expects continued growth into 2025, driven by operational improvements and technology investment. Focusing primarily on the personal leasing market, Central Contracts also reported a contract renewal rate of 45%, which it described as among the highest in the sector. The company attributed its improved performance to three key changes: a revised procurement policy, the launch of a new digital platform, and the development of proprietary technology solutions. Its updated procurement strategy included the implementation of a new acquisition programme with OEMs, enhanced pricing analysis tools, and improvements to stock ordering processes. This approach has supported stronger ties with manufacturers such as Vauxhall, Nissan, Renault, Kia and Hyundai, as well as with funders underwriting the leasing agreements. A new digital platform has increased the visibility of available stock and deals. In addition, new software introduced by Central Contracts enables automated vehicle taxation and streamlined documentation requests from funders. The company stated that these changes have improved customer experience and compliance. According to Gareth Roberts, strategy director at Central Contracts, the broker is now approaching 10,000 vehicle sales per year. He said this level of growth is encouraging for the company and its partners and added that the business is seeing continued monthly growth in vehicle registrations and expanded availability of vehicle models. Roberts said the renewal rate was 'a true measure' of the company's performance and ongoing customer satisfaction. According to the BVRLA's bi-annual Leasing Broker Report (July 2023 – June 2024), leasing brokers collectively delivered 380,000 new cars and vans into the personal and business sectors during the past year. "Central Contracts reports record sales as leasing growth accelerates" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
