All articles by Lorenzo Migliorato
Lorenzo Migliorato
UK gov’t considers VED relief for cleaner vans
The UK government will open a consultation on reduced vehicle excise duty (VED) rates for greener generations of vans, chancellor of the Exchequer Philip Hammond has said in his spring budget update.
Close Brothers car finance book shrinks 2.6% in H2 2017
Close Brothers’ motor finance book shrank 2.6% to £1.7bn over the six months to January 31, which the group attributed to risk-averse underwriting.
Software provider Epyx appoints managing director
Epyx, a software provider for the car retail industry, has appointed a managing director.
MotoNovo to be integrated into Aldermore under latter’s CEO
MotoNovo is to move under the leadership of Aldermore’s chief executive officer, Phillip Monks, as South African parent FirstRand looks to integrate the car finance lender into the newly-acquired challenger bank.
BMW Financial Services revenues up 7.3% in 2017
Revenues for BMW Financial Services (FS) rose 7.3% over the course of 2017, reaching €27.5bn (£24.5bn).
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Cap hpi appoints Black Book editor
Cap hpi has appointed a Black Book editor to succeed James Dower, who is moving into remarketing elsewhere.
Alfa revenues reach £87m in 2017
Alfa revenues hit £87.8m (€98.5m) over the course of 2017, up 20% from the previous year.
FLA launches motor finance apprenticeship programme
The Finance and Leasing Association (FLA) has launched an apprenticeship programme for motor finance, in conjunction with a number of employers.
Sixt launches fleet and mobility bundle for corporates
German car rental company Sixt has launched a unified corporate package bundling leasing, rental, fleet management and mobility.
Mann Island makes own lending push
Mann Island Finance has said it plans to increasingly develop its own lending capabilities next to its operations as a broker.