Latest news with #carleasing
Yahoo
21-07-2025
- Automotive
- Yahoo
Ayvens appoints Philippe de Rovira as new CEO
French fleet managing and operational car leasing company Ayvens has appointed Philippe de Rovira as its new CEO, effective 1 December. He succeeds Tim Albertsen, who has decided to retire on the same date. The decision follows a recommendation from the nomination committee as part of its succession planning process. Albertsen will continue to serve as CEO and a member of the board until his retirement. Ayvens' chairman of the Board of Directors Pierre Palmieri stated: 'Philippe brings with him the experience, commitment and strategic vision which will be key in driving growth and capturing new opportunities for Ayvens. 'I would also like to thank Tim for his leadership and vision, which have led to Ayvens being the global leader it is today.' Rovira brings extensive experience to his new role, having joined PSA Group in 1998 and held various business and finance positions until 2017. His previous roles included leading a division focused on B2B sales, remarketing of used cars, and sales of spare parts. In 2018, he was appointed CFO of PSA Group and became a member of the Global Executive Committee, overseeing the business unit for remarketing of used cars. By 2021, he had advanced to the position of Stellantis' chief affiliates officer, in which he was responsible for financial services, parts and services, and circular economy, among other areas. In 2025, Rovira took on the role of COO for Asia and Middle East/Africa, while also managing Financial Services and Free2move. Ayvens provides full-service leasing, flexible subscription services, fleet management, and multi-mobility solutions to a diverse clientele, including large international corporations, SMEs, professionals, and private individuals. The company employs more than 14,000 people across 42 countries and manages 3.3 million vehicles. Ayvens is majority-owned by Societe Generale Group. "Ayvens appoints Philippe de Rovira as new CEO" 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. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
16-07-2025
- Automotive
- Yahoo
Lex Autolease reports loss amid market challenges
Lex Autolease, the car leasing company owned by Lloyds Bank, has reported a pre-tax loss of £10.6m ($14.2m) for 2024, marking a significant downturn from its previous profits. Headquartered in London, the business had posted pre-tax profits of £124.4m in 2023 and £544.2m in 2022. Despite the loss, Lex Autolease's revenue increased from £2.2bn in 2023 to £2.4bn in 2024. The board attributed the loss to increased depreciation charges on the growing fleet, reduced profits from vehicle disposals due to second-hand market conditions, and higher interest expenses amid rising interest rates. The company holds net assets of £182.1m as of 31 December 2024, down from £190m in 2023. Property, plant, and equipment increased to £5.73bn from £5.44bn, reflecting changes in fleet composition and vehicle costs. Lex Autolease's funding from within the Lloyds Bank Group resulted in borrowed funds of £5.84bn at the end of last year, up from £5.41bn in 2023. The directors noted that new business volumes decreased by 6%, influenced by high prices, residual value risk management, and economic pressures. The value of funded vehicles grew by 6% in 2024, driven by rising costs of new vehicles and a shift in consumer interest towards electric and hybrid vehicles. Lex Autolease maintained a 17% market share in deliveries for 2024. The company also scrapped its dividend to Lloyds Bank, having paid £439m in 2023 and £708m in 2022. Lex Autolease expects muted growth in new car and light commercial vehicle registrations this year due to the Zero Emission Vehicle mandate. Used car prices stabilised in 2024, particularly in the latter half, with expectations of continued stability into 2025. However, the rising supply of used battery-electric vehicles may exert downward pressure on this market segment, the group said, adding that while used vehicle prices stabilised, some volatility is anticipated as the industry transitions to electric vehicles. Earlier this year, Lex Autolease formed a partnership with motoring app Caura to allow its personal contract hire customers to manage all aspects of their vehicle needs. "Lex Autolease reports loss amid market challenges" 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
Auto Blog
08-07-2025
- Automotive
- Auto Blog
Honda Has a Killer Lease Deal on the Base Accord For July
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Honda Accord LX lease offer for July 2025 The Honda Accord has been one of the most popular sedans in automotive history, and it gets better with every new generation. Now in its 11th generation, the Honda Accord is better than ever, offering buyers plenty of features, even in its base form. If you're looking for a well-equipped version of the Accord but don't want to shell out big bucks to get into one, the Accord LX has a lease deal for $299 per month for 36 months, with $3,799 due at signing. The offer includes a mileage limit of 10,000 miles per year. Previous Pause Next Unmute 0:00 / 0:09 Full screen Honda may move the next-generation Civic production from Mexico to the U.S. Watch More 2023 Honda Accord — Source: Honda The Honda Accord LX has a lot to offer There are six different trim levels to choose from for the 2025 Honda Accord, with the upper four of them being hybrid models. The bottom two, named the Accord LX and SE, are powered by the same 192-horsepower turbocharged, four-cylinder engine, which does not rely on electric assist. As such, you can expect an EPA-estimated 29 mpg in the city and 37 mpg on the highway from both of these models. And while the Accord LX is the base trim level, it still has a lot to offer. 2023 Honda Accord — Source: Honda In addition to its fuel-efficient gas engine, the Accord LX comes equipped with the Honda Sensing suite of driver-assist features in addition to a host of in-cabin luxuries. No, you won't find leather upholstery in the Accord LX, but you will get cloth seats and plenty of room for five adults. Some other standout features include a four-speaker, 180-watt audio system with Apple CarPlay/Android Auto compatibility, automatic climate control, Bluetooth, a USB port, and a seven-inch touchscreen infotainment system. Some other nifty tech features include a Smart Entry with walk-away auto-lock, which automatically locks the car when you walk away, and remote engine start, which allows you to start the car with the remote key fob. The lease offer in question is for the LX model, which carries an MSRP of $29,445, including the destination charge, but the taxes, title, license, and doc fees are extra and will vary depending on your region. 2024 Honda Accord Sport — Source: Honda Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Would you rather have a $0 lease deal? If you would rather minimize the upfront costs when leasing a Honda Accord LX, we have estimated a payment with $0 down. By dividing the $3,799 due at signing over a 36-month term (approximately $105), the estimated payment equates to around $404 every month. *This $0 down figure is an estimation. Official $0 down lease offers from Acura may differ based on their specific calculations, credit approval, and potential money factor adjustments. Always obtain an official quote directly from Honda. 2025 Honda Accord — Source: Honda Final thoughts Lease offers can vary based on your location and the specific vehicle configuration (trim level, options, etc.) and are subject to credit approval. The advertised payments typically exclude taxes, title, registration, and other potential fees. To take advantage of this lease offer or get an official quote tailored to your buying needs (including an official $0 down quote), visit the official Honda website here. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. About the Author Joe Santos View Profile
Auto Blog
05-07-2025
- Automotive
- Auto Blog
Nissan Launches Killer Sentra Lease Offer for July
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. A smart deal for value-focused drivers The 2025 Nissan Sentra has never pretended to be a performance car. It's not especially fast, and it doesn't handle with much excitement. But for everyday drivers looking for an affordable, comfortable, and well-equipped small sedan, it's long been a strong contender. Now, thanks to a new lease offer from Nissan, it's one of the best bargains you can find in July. 0:01 / 0:09 2025 Nissan Z undercuts Toyota Supra by a surprising amount Watch More With gas prices still bouncing around and interest rates keeping new car loans high, leasing a compact car like the Sentra is a smart way to keep monthly costs down without settling for something stripped-down or outdated. Here's the lease deal for the 2025 Sentra This month, Nissan is offering the 2025 Sentra SV for just $239 per month on a 39-month lease. The deal requires $3,239 due at signing, not including taxes or fees, and it applies to vehicles equipped with splash guards and carpeted floor mats. You should find that deal in most major cities across the country, but exact figures can vary, so make sure to check with your local dealership if you're interested in the lease offer. Nissan Sentra — Source: Nissan While the down payment might feel steep for a compact car, the low monthly rate helps even things out over time. With many compact crossovers and rival sedans pushing well above $300 a month on comparable leases, this one stands out. More comfort and tech than you might expect Nissan's lease deal applies to the Sentra SV, the mid-level trim that balances affordability with added features. While the base model is fairly spartan, the SV trim brings in welcome upgrades like adaptive cruise control, reverse automatic emergency braking, and an 8-inch touchscreen display. The front and rear seats are surprisingly supportive, with quality materials that punch above the car's price point. Nissan Sentra — Source: Nissan You also get modern essentials like Bluetooth connectivity and automatic climate control. It's not perfect—the infotainment system can feel laggy, and the 2.0-liter engine doesn't offer much punch—but for daily commuting and city driving, the Sentra gets the job done with ease. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Why the Sentra is still worth considering What the Sentra lacks in excitement, it makes up for in usability. It's easy to drive, easy to park, and offers a quiet ride that's more refined than you might expect. Fuel economy is competitive for the class, and the safety tech included on the SV trim helps it feel more modern than some older competitors still using barebones equipment lists. Nissan Sentra — Source: Nissan The interior, while not flashy, is thoughtfully designed and relatively spacious for a compact sedan. You won't find luxury-grade materials, but the quality and comfort are better than average in this segment. Final thoughts If you're looking for a new car this summer and want to keep your monthly costs low without ending up in something bare or outdated, the 2025 Nissan Sentra SV should be on your radar. This lease offer makes it one of the most accessible and practical cars on the market right now. *Disclaimer: This article is provided for informational purposes only. The information presented herein is based on manufacturer-provided lease offer information, which is subject to frequent change and may vary based on location, creditworthiness, and other factors. We are not a party to any lease agreements and assume no liability for the terms, conditions, availability, or accuracy of any lease offers mentioned. All terms, including but not limited to pricing, mileage allowances, and residual values, require direct verification with an authorized local OEM dealership. This article does not constitute financial advice or an endorsement of any particular lease or vehicle. About the Author Elijah Nicholson-Messmer View Profile
Auto Express
04-07-2025
- Automotive
- Auto Express
Car Deal of the Day: Ford Explorer brings bold looks and family-size space for £236 a month
Chunky looks; well-equipped 233-mile range Just £235.88 a month While the revival of the Ford Capri might have caused more than a few eyebrows to raise, its sister car the Ford Explorer is the model that is really helping the Blue Oval switch on to electric. Why? Well, the Explorer is starting to become a popular sight on UK roads, with buyers seemingly flocking to the car's chunky styling and competitive electric driving range. Advertisement - Article continues below Great lease deals such as this one are surely helping, too. AA Lease is offering the electric SUV for just £235.88 a month right now, after an initial payment of £3,100.56. It's a two-year deal with mileage capped to 5,000 a year, but nudging this up to a more flexible 8,000 miles a year costs just under £20 a month extra. Ford has recently expanded the Explorer range with this 52kWh battery model to offer more choice and value to customers – and that's exactly what this deal gets you. It's still good for 233 miles of range and, interestingly, features faster recharging than the 77kWh battery models with its 145kW maximum charging rate. With 168bhp, this Explorer isn't the quickest SUV around, with 0-62mph taking 8.7 seconds. But it's more than enough for a family car, and its rear-wheel-drive chassis actually provides some engaging handling – it's even sharper to drive than the Volkswagen ID.4, which shares the Explorer's platform. Along with the small battery, you also get the entry-level trim. Style has everything you need, with sat-nav, cruise control, 19-inch alloys, dual-zone air-conditioning and LED lights front and rear all coming as standard. The interior is roomy and has an interestingly designed and plush feeling dashboard, with the 14.6-inch portrait touchscreen a particular highlight. Meanwhile, the 470-litre boot is huge. The Car Deal of the Day selections we make are taken from our own Auto Express Find A Car deals service, which includes the best current offers from car dealers and leasing companies around the UK. Terms and conditions apply, while prices and offers are subject to change and limited availability. If this deal expires, you can find more top Ford Explorer leasing offers from leading providers on our Ford Explorer hub page. Check out the Ford Explorer deal or take a look at our previous Car Deal of the Day selection here… Find a car with the experts Range Rover Sport SV gets massive £35k price drop as it enters series-production Range Rover Sport SV gets massive £35k price drop as it enters series-production There's also a new SV Black trim, and a Range Rover Sport Stealth Package for non SVs Arrivederci Roma: new Ferrari Amalfi slots in as brand's latest entry-level model Arrivederci Roma: new Ferrari Amalfi slots in as brand's latest entry-level model A slick new look and more power are the headlines for Ferrari's new baby, but it's probably some simple new buttons that will get customers' attention Geely is coming to the UK, and its assault will start with EX5 SUV Geely is coming to the UK, and its assault will start with EX5 SUV Geely has looked to Lotus to ensure it's new electric SUV lives up to our driving expectations
