All articles by Lorenzo Migliorato
Lorenzo Migliorato
Cazana: Growth in PCP could push customers towards clocking
The motor industry could be heading towards a “clocking crisis” at the hand of customers as PCP becomes the prevalent product for new car finance, vehicle data provider Cazana has warned.
PCF’s motor finance business slows down amid wider group success
PCF Bank’s consumer motor finance portfolio saw advances shrink 3% in 2017, a slowdown that the group regarded as “not unexpected”.
FCA launches probe into Moneybarn
The Financial Conduct Authority has launched an investigation into subprime car loan provider Moneybarn, part of Provident Financial.
iVendi: Used car dealers will take lead in online retail race
Used car dealers will take the lead in online motor retail in 2018, as manufacturers fall behind with their direct channels, iVendi CEO James Tew has said.
Pendragon to shed US business in restructuring drive
Motor retailer Pendragon has announced it will sell its operations in the USA, in a move that it anticipates will bring in £100m before tax.
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EV consortium partners with Shell for retail charging points
Ionity, a joint venture between OEMs to develop infrastructure for EVs, has partnered with Shell to roll out charging points across its petrol stations.
BCA Marketplace profits up 21%
Like-for-like operating profits for BCA Marketplace were up 21% to £40.9m in H1 2017.
RAC: Scrapping older cars has “negligible” effect on pollution
Scrapping older vehicles that fare worse on emission standards has a “negligible” effect on air quality, according to research by the RAC Foundation.
Santander to provide contract hire for Volvo in the UK
Volvo has moved its UK contract hire business from Lex Autolease to Santander Consumer Finance.
Autumn budget and automotive: A cautious game of signalling
While no particularly breakthrough measure was announced in the latest budget statement, the government did give hints to what their attitude will be on tackling emissions in the future.