All articles by Lorenzo Migliorato
Lorenzo Migliorato
Provident’s executive chairman Wolstenholme passes away
Manjit Wolstenholme, executive chairman of Moneybarn’s parent Provident Financial, passed away suddenly on Thursday aged 53, Provident has said.
Cox provides retail software to Vauxhall dealer franchise
Cox Automotive subsidiary Incadea has signed a deal to provide a retail operating system to Vauxhall franchised dealer group Thurlow Nunn.
UK car market slowdown singled out as EU registrations grow 6%
Car registrations in the EU for the month of October grew 5.9% year-on-year to 1.17m, reversing the slowdown in September, figures from ACEA have shown.
Paragon’s motor finance book grows 71%
Paragon’s motor finance loan assets were £163m as of September 2017, up 71% year-on-year.
Cambria Automobiles profits fall despite increased revenues
Franchised dealer group Cambria Automobiles has experienced a fall in profits for the year ending in August, despite a 5% rise in revenues from 2016.
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UK Budget: Hammond raises VED duty on diesel as he pledges EV boost
First-year VED on diesel cars that “do not meet the latest standards will go up one band from April 2018, Philip Hammond has announced.
Marshall to close five dealerships and used car centre
Marshall Motor Holdings has proposed the closure of five franchised dealerships and one used car centre, in a move that will cost £6m in impairments.
CLM: Public needs better education on alternatively fuelled vehicles
UK drivers will need better education over electric and hybrid cars if the government’s quotas are to be met, CLM Fleet Management have warned.
Opel/Vauxhall pledges to turn profitable by 2020 in electrification drive
Opel/Vauxhall, which was recently acquired by Groupe PSA from GM, has pledged to return to profitability in just over two years.
Debt collector Cabot cancels IPO plans
Debt collector Cabot Credit Management has shelved plans for a flotation on the London Stock Exchange.