All articles by Lorenzo Migliorato
Lorenzo Migliorato
Hitachi Capital sets up vendor finance subsidiary in Amsterdam
Hitachi Capital UK has spun off its Amsterdam-based vendor finance branch into a subsidiary, as the pan-European company looks to hedge against Brexit’s threat to expansion on the continent.
Admiral Loans book hits £214m in H1 2018
Admiral Loans, the insurer’s one-year-old loan and car finance division, grew its book to £214.2m in the six months to June, up from £11.4m a year ago just after launch.
Alphabet appoints UK head of remarketing
Alphabet, BMW Group’s car and van fleet leasing division, has appointed a head of remarketing for the UK.
Used car finance holds steady in Q2 as retail sales flatten
Used car finance volumes saw healthy double-digit growth in Q2, despite used retail sales keeping flat around the 2.1m mark over the same period, according to the FLA and SMMT.
Volvo makes UK sales director appointment
Volvo Cars has appointed a UK sales director, as the company targets 60,000 sales a year by 2020.
McLaren, Range Rover top JBR Capital’s luxury car leasing tables
McLaren and Range Rover have been among the makes most in demand for finance in 2018 among sports and prestige vehicles, according to JBR Capital.
What does consumer finance cover?
Strictly speaking, consumer finance includes any product that is aimed at financing retail spending, be it on a piece of furniture, a car, a vacation, or home improvements.
Pendragon doubles leasing operating profit in first half of 2018
Motor retail group Pendragon saw its operating profits more than double year-on-year in the six months to June, reaching £6.1m.