All articles by Lorenzo Migliorato
Lorenzo Migliorato
Cap hpi: Retail sales will not surge ahead of WLTP
Retail sales are unlikely to surge ahead of the September introduction of updated emission testing procedure WLTP, cap hpi has said.
Volvo’s leasing revenues down by 30% in first quarter
Geely-owned Volvo reported a slowdown in revenue from subscription, leasing and rental business, which decreased 30% year-on-year during the first quarter.
Motor Finance Europe 2018 award winners announced
The winners for the Motor Finance Europe 2018 awards have been announced.
Santander UK car finance volumes hits £940m in Q1
New business for Santander UK’s car finance lending totalled £940m in the first quarter of 2018, up 8.3% year-on-year.
Renault-Nissan joins Didi alliance in China
The Renault-Nissan-Mitsubishi Alliance has entered a collaboration with Chinese ride-hailer Didi Chuxing to develop mobility and financial services in the country.
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Volkswagen Bank raises €800m through bonds and ABS
Volkswagen Bank has securitised €500m (£571m) in receivables from its Italian branch, as well as placing bonds worth a total of €300m.
TCFC owner sheds stake as firm heads towards solvent dissolution
American private equity firm Pine Brook has shed its stake in The Car Finance Company (TCFC), as the subprime lender heads towards a solvent dissolution this year.
Captives upheld FCA complaints fall during H2
Captive finance houses saw a fall in upheld complaints to the Financial Conduct Authority (FCA) during the second half of 2017, according to figures released by the regulator.
ALD and Mazda partner for leasing in the Netherlands
Societe Generale’s ALD Automotive has partnered with Mazda to provide consumer and commercial car leasing in the Netherlands.
VWFS takes indirect majority stake in finance software house
Volkswagen Financial Services has acquired an indirect majority stake in Portugal’s VTXRM, a software developer for commercial and retail financial services.