All articles by Lorenzo Migliorato
Lorenzo Migliorato
ContractHireAndLeasing: German brands drive demand as PCH overtakes HP
German brands drove November’s demand for PCH on comparison website ContractHireAndLeasing.com, amid contract hire’s overtake of HP in the wider car market.
ACEA appoints PSA chairman Tavares as president
The European Automobile Manufacturers’ Association (ACEA) has elected Carlos Tavares, chairman of Groupe PSA’s managing board, as its president.
Chargemaster launches subscription service for EV fleets
Charging infrastructure operator Chargemaster has launched a subscription service for fleet and business vehicles.
Academy acquires broker CarFinance2U
1pm’s Academy Leasing has acquired motor finance broker CarFinance2U for an undisclosed amount.
CD Auction Group appoints pool fleet manager
CD Auction Group has appointed Simon Cullen as pool fleet manager.
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NextGear reaches 200k vehicles milestone
NextGear Capital, a dealer stock funder part of Cox Automotive, has reached the milestone of 200,000 financed vehicles.
Ford partners with Alibaba for car retail in China
Ford has partnered up with e-retail giant Alibaba to explore opportunities in pre-sales, test drives and financial solutions in China.
Subprime lender Advantage grows receivables book
Subprime car finance lender Advantage, part of the S&U group, has expanded its receivables portfolio to £240m, a first for the company.
Black Horse: Britons put as little research on car purchase as on mobiles
Only 78% of Britons do any research at all before purchasing a car, according to Black Horse, with almost half of those who do spending just a week on it.
Goodwill impairment helps push RateSetter further into to the red
P2p lender RateSetter increased its revenues 38% to £23.7m in the year ending March 2017, but a goodwill impairment pushed pre-tax losses down to £23m.