All articles by Lorenzo Migliorato

Lorenzo Migliorato

BNP Paribas appoints UK head for commercial vehicle leasing

BNP Paribas Leasing Solutions has appointed the UK head for Rental Solutions, the lessor’s unit for commercial vehicle leasing.

Alphabet pilots second-hand corporate car leasing

BMW Group’s Alphabet has started leasing used cars on corporate fleet contracts in Belgium, as the lessor looks to get a hold on market share beyond the brand-new segment.

Car subscription: the carefree future of driving?

Car subscription packages have been hitting the market one after the other over the past year, with manufacturers – and outsider businesses – jumping on what they feel may be the next big revenue opportunity for the auto industry.

Ford of Britain launches online PCP sales and part-exchange

Ford of Britain has rolled out an online portal for PCP and part-exchange on new cars, following on from the launch of a similar tool in the US this spring.

ACFO reiterates BVRLA cooperation despite fleet remit overlap

The Association of Car Fleet Operators (ACFO) has said it will continue collaborating with the British Vehicle Rental and Leasing Association (BVRLA), despite taking issue with the BVRLA’s further expansion in the fleet sector.

Daimler reshuffles board ahead of company structure overhaul

Mercedes-Benz parent Daimler has named successors to the company’s top governance roles, as the carmaking giant looks to a divisional overhaul next year.

Close Brothers car finance book shrinks on stricter underwriting

Close Brothers Motor Finance reported a 1.5% contraction to £1.7bn in its loan book for the year July, as the lender prioritised stricter credit underwriting in the face of market share pressure.

Volkswagen boosts developers training in digital reinvention drive

Volkswagen has launched an in-house training scheme for software developers, as Europe’s biggest carmaker looks to expand its capabilities beyond manufacturing into “soft” mobility products and services.

Grosvenor Leasing profits down 8% on cautious volumes pursuit

Grosvenor Leasing reported an 8% fall to £4.6m in pre-tax profits for 2017, as the lessor and Vauxhall-Peugeot retailer slowed down on volume pursuit, and reduced its reliance on brokers under plans to launch its own intermediary business.

Daimler launches aftermarket connected car hardware for fleet

Daimler Financial Services has launched aftermarket hardware to connect fleet vehicles of any brand, setting the OEM up for expansion in telematics beyond its own Mercedes-Benz nameplate.