The commercial vehicle sector is a crucial component of modern economies, providing the transportation backbone for goods and people. However, like any industry, it faces its share of challenges. Here are some challenges the sector faces and how we’re focusing on future-proofing our business at Asset Alliance. Rising fuel costs Fluctuating fuel prices have significantly […]
As a focus on climate change grows, many industries are making significant strides toward sustainable and environmentally friendly practices. One sector at the forefront of this transformation is the commercial vehicle industry. Here’s everything you need to know about the trends and developments driving the commercial sector toward achieving net-zero emissions as we move into […]
Commercial vehicle contract hire is a type of vehicle financing that includes comprehensive maintenance, making it an excellent solution for business owners who want truck or HGV finance without the responsibility of servicing. When entering a contract hire agreement, you must pay fixed monthly payments for a set period, usually between two and four years. […]
If you own, lease or rent a commercial vehicle or a fleet of vehicles, having up-to-date insurance is essential to drive on UK roads. Financing is a simple way for business owners to get one or more commercial vehicles without worrying about costly maintenance services or uncertain future market values. Contract hire is an ideal […]
If you want to finance one or several vehicles, commercial vehicle contract hire is the perfect solution for business owners who want truck or HGV finance without the burden of managing maintenance and servicing costs, or trying to forecast future market values. In an increasingly competitive market, organisations are focused on streamlining costs in 2023. […]
Wondering how to finance your commercial vehicle assets? An operating lease is tailored to meet your specific needs with monthly payments over a pre-negotiated term, usually from two to seven years. With an operating lease, you have the use of an asset but no rights of ownership. You are responsible for all vehicle maintenance and […]
If your business needs commercial vehicles or equipment but doesn’t have the accessible funds to pay upfront, or you simply don’t want to pay for a vehicle outright, a finance lease lets you hire assets and make monthly rental payments instead. Vehicle costs are one of the largest overheads in business, and saving money on […]
Whether a single trailer or a fleet of HGVs, there are several ways to finance a commercial vehicle investment without compromising your cash flow. The number of businesses investing in new equipment to improve efficiency, comply with legislation and meet demand is growing. According to the Finance and Leasing Association (FLA), asset finance new business […]
From electric vehicles and AI to wearable tech and onboard camera systems, find out how advances in driving technology could impact the HGV of the future. Driver numbers are stabilising in the UK amid ongoing efforts to recruit and upskill new HGV drivers. In March this year, 74% more lorry driving tests were done […]
We are delighted to share with you our latest state of the nation style report – the Industry Monitor 2022 – produced in collaboration with the teams at Motor Transport and Commercial Motor, which was officially launched at this year’s Road Transport Expo event. The report includes the results of a survey carried out with […]
