All articles by Lorenzo Migliorato

Volvo and Nvidia to develop AI-powered car computers

Volvo Cars and chipmaker Nvidia will jointly develop an AI-powered computing platform for vehicles, as the two companies deepen collaboration after entering an autonomous vehicle partnership last year.

BMW Group in mobility tech joint venture with Critical Software

BMW Group has entered a joint venture with Lisbon-based Critical Software to collaborate on sales digitalisation and connected car ecosystems.

Arval UK extends corporate leasing to used fleet cars

Arval UK has opened up used vehicles for leasing to fleet customers, the latest lessor to tap the used segment amid lukewarm new car registrations and resilient second-hand values.

ALD issues €500m green bond to finance electrified fleet

Societe Generale’s fleet arm ALD Automotive has issued a €500m (£569m) to finance the acquisition of low-emission vehicles across all its markets.

Financial Ombudsman taps Cazana for insurance valuations

The Financial Ombudsman Service (FOS), the consumer redress organisation under the Financial Conduct Authority (FCA), has adopted Cazana’s valuation engine to assist with vehicle insurance litigations.

Daimler Financial Services’ Uebber to step down from board after 2019

Bodo Uebber, Daimler chief finance officer and board member in charge of financial services, will not seek a reappointment when his term expires in December of next year, the Mercedes-Benz parent said in a statement on Tuesday.

LeasePlan pushes ahead with IPO “in coming weeks”

LeasePlan will push ahead with an initial public offering (IPO) on the continental Euronext exchange, six months after its chief executive said the company was taking its time to build the strongest investor pitch possible.

BNP Paribas Personal Finance readies UK car finance product

BNP Paribas Personal Finance UK is about to enter the car finance market, following a year-long recruitment effort that saw the lender onboard staff from the likes of Close Brothers, Barclays and Secure Trust Bank (STB).

BVRLA quarterly survey shows improved emissions for fleet

The fleet sector saw an year-in-year reduction in average emissions levels in the second quarter of 2018, contrasting the wider national trend, the quarterly survey from the British Vehicle Rental and Leasing Association (BVRLA) has found.

Cryptocurrency: The Auto Block looks to leasing