CAR rental prices may have to rise 10-15% this year to offset dramatic increases in vehicle holding costs, according to EuroDollar chief executive Ian Mosley. He was speaking following Monday's release of EuroDollar's results for the year to March 31, 1996 which showed a pre-tax profit of £4.01 million (1995: £14.57 million) on turnover up 12% to £96.2 million (£85.9 million).

INDEPENDENT Car Auctions will merge with Central Motor Auctions following an extraordinary general meeting of CMA shareholders on Monday. However, auction giant ADT blocked ICA's preferred scheme to take complete control of CMA, and ADT will remain a major shareholder of the new merged group. Of the shareholders who attended the EGM, 64.66% backed the scheme, while 35.34% voted against it.

BRITAIN'S biggest contract hire company, Lex Vehicle Leasing, has transformed itself into a one-stop fleet shop with the launch of a dedicated fuel card and a full insurance package. The two new services - launched in conjunction with Shell and fleet insurance specialist Brian Johnston Insurance respectively - complete the portfolio of services from Lex Vehicle Leasing, which operates more than 70,000 vehicles on contract hire.

A TRIP for two to New York on Concorde, returning on the QE2 after three nights, was the top prize scooped by four outstanding achievers at EuroDollar.

NISSAN'S new Almera GTi will cost £14,420, including a £425 delivery charge, when it goes on sale in the UK on July 1. Previewed in Fleet News last week (May 31), the new car is designed to compete with hot hatch market leaders such as the Volkswagen Golf GTi, Peugeot 306 XSi, Vauxhall Astra Sport and Ford RS2000.

AIRLINE-style safety cards are being installed in all new Saab cars to highlight the importance of correctly using in-car safety systems. The laminated cards, similar to those found in the seat pockets of airline jets, graphically set out simple instructions to ensure maximum security for drivers and passengers.

A NEW Northern Ireland contract hire company has got off to a racing start - with a breakfast for 300 leading Ulster businessmen and a guest appearance by Formula 1 star, Eddie Irvine.

TWENTY companies have so far booked to attend the 1997 Fleet Show - even though exact dates have still to be announced. Companies began booking even before last month's 1996 show finished with the rush for space at the 1997 event being led by Dentmaster.

A LONDON-based primary and community healthcare trust is hoping to save more than £10,000 a year after outsourcing its fleet management function to British Car Contracts. BCC will provide its full outsourcing package from driver liaison through to full accident management and individual driver insurance to Parkside Health Trust.

STORIES that Rover is to build an engine factory on an 85 acre Midlands site, have been dismissed as pure speculation by the company and its parent, BMW.

CHEVIN Computer Systems has joined the campaign to improve the quality of fleet management software.

FLEET software company Car Fleet Control is claiming to be on the most wanted list for police workshops. This week the company claimed it had become the number one choice among UK police forces for fleet management and workshop management software - supplying 19 forces nationwide.

THE Briton Fire Company believes handing over new company vehicles to its drivers is a good reason to hold a party. This year's party - held in a marquee at Taverham Hall near Wakefield - marked the move of the fleet to 18 Carina E estates and 21 Hiace PowerVans.

CARRINGTONS is the first dealership group to sign up to the OASIS electronic invoicing system for fleet vehicle repair. Carringtons signing follows the recent announcement that Lease Plan UK has become the first fleet operator to join the OASIS trading community (Fleet News April 26).

AVIS Rent A car has signed up with Forward Trust Motor Finance's FleetLink system to fund its vehicles electronically. FleetLink has funded over 3,200 Avis vehicles within the first two months of the agreement.

LEX Vehicle Leasing has been inundated with dealers looking to sign up to its One-Call service for company car drivers. Currently around 750 dealers nationwide have been approved by the Marlow-based contract hire company but, following a recent article in Fleet News (May 10), small dealer groups and independent garages have been calling the company asking to join.

THE Alhambra - SEAT's version of the Ford Galaxy/VW Sharan people mover - goes on sale from June 28 at a price still to be announced. SEAT promises it will be cheaper than those other vehicles when specification is taken into account.

MITSUBISHI has announced its first ever rental deal with 100 Space Wagon seven-seat people carriers being bought by Avis Rent A Car. Deliveries of the manual and automatic transmission versions of the 2.0 litre petrol engined Mitsubishi Space Wagons, complete with range-topping diamond option pack specification, will start immediately.

REGIONAL development officers of the National Cricket Association have been bowled over by a new deal with British Car Contracts which sees them driving Rover 400s.

CONSTRUCTION industry equipment supplier Liebherr has taken delivery of a new Ford car fleet for its UK sales operation. The company has chosen mainly Mondeos partly because of their reliability and the nationwide support available from Ford's network of 1,000 dealers, and partly because of the value for money represented by the Mondeo.

DAIHATSU has signed on American Richard Sweatt to the post of business sales manager as the company moves to be a bigger player in the small commercial vehicle market.

THE Confederation of British Industry has backed fleet demands for a dramatic increase in road investment to avert the impending crisis facing the transport industry. The CBI is calling for a 35% increase in transport spending in a sustained effort to tackle the deepening problems afflicting the UK's crumbling transport infrastructure.

EDINBURGH Council is to consider imposing tolls on vehicles entering the city centre and levying an £800 charge on city centre company parking spaces. The proposals are part of a raft of measures designed to raise money for solutions to the city's traffic problems.

RESTRICTED supply of ex-rental cars is forcing dealers to buy discounted new vehicles to entice buyers on to their forecourts with the prospect of a tempting nearly new deal.

CONSERVATIVE think-tank proposals to tax company parking provision as a means of reducing urban pollution and congestion will not hit businesses in greenfield locations.

THE Government has committed the remaining participants in its motorway tolling trials programme to tests at the Transport Research Laboratory later this year.

PUBLIC sector fleet managers are preparing to defend their positions against private competition as the Government prepares to broaden the scope of its Private Finance Initiative.

DAN Farrar, managing director of fast-expanding GE Capital Fleet Services in the UK, is returning to the United States. Farrar has been appointed senior vice-president North American operations of GE Capital Fleet Services and will be based at the company's Minneapolis headquarters.

A NEW device has been launched to protect contract hire companies against excessive mileage use if a vehicle's speedometer has been disconnected by an unscrupulous fleet. Rochdale-based Sailes Marketing has launched Mile Guard, which costs under £100 fitted.

FLEET operators are increasingly using high technology to keep tabs on their outsourced operations according to Car Fleet Control. The fleet management software specialist is attributing strong demand for its products to company car operators using computer systems to monitor the performance of their suppliers.