All articles by Lorenzo Migliorato

JLR UK sales steady amid £90m global quarterly loss

Jaguar Land Rover (JLR)’s UK sales kept steady in the three months to September, as the carmaker reported a £90m loss due to plummeting China sales and high operating expenditures.

FCA’s insurance scrutiny welcomed by fleet sector

Fleet trade body the British Vehicle Rental and Leasing Association (BVRLA) has welcomed the Financial Conduct Authority (FCA)’s review of general practices in the insurance market, calling for SME fleet insurance to also be scrutinised.

Business-to-employee: does corporate PCH have a place?

Vauxhall reshuffles senior fleet sales team

Vauxhall has overhauled the leadership of its fleet sales and leasing team, as the company bolsters its corporate offering under new parent Groupe PSA.

BoE: Car finance September slowdown drags on consumer credit

Lower car finance volumes dragged on consumer credit in September, data from the Bank of England (BoE) has shown, as a drop in new car sales resulted in smaller demand for finance.

Daimler bets on mobility against slowing car finance business

Daimler Financial Services was one of the few divisions in its parent that retained positive earnings guidance, as a bold mobility services strategy tries to offset a slowdown in car financing.

Paragon appoints motor finance national sales manager

Paragon has appointed a national sales manager to its motor finance business, bringing experience at franchised dealerships and a high-street lender.

Tesla sees more mass-market potential for Model 3

Tesla has said it sees mass-market opportunities for its Model 3, based on customers’ willingness to trade in more downmarket vehicles when reserving the $35,000-and-upwards sedan.

Rent payments to boost credit eligibility under Experian scheme

Tenants meeting their rental payments on time will get a credit score boost under Experian, potentially improving their credentials when applying for facilities such as car finance.

RCI Banque revenues hit €800m in third quarter

RCI Banque, Groupe Renault’s financial services arm, reported a 31% year-on-year increase in revenues for the third quarter of the year, which hit €800m (£705m).