All articles by Lorenzo Migliorato

FCA consults on cross-border sandbox framework

How carmakers are adapting their internal machinery to the mobility economy

Subprime consumer lending? It’s not just about mortgages

The word used to be mostly associated to mortgages, but has since been used to describe customer bands in all consumer credit sectors – from retailer finance to credit cards to cars.

Bitcoin payments company Auto Block eyes car leasing by crypto

Payments company The Auto Block has set out plans for a proprietary cryptocurrency to buy cars, and is looking into using the blockchain for monthly payments in leasing contracts.

LeasePlan revenues up 5% in second quarter thanks to used retail

LeasePlan saw revenues grow 5% year-on-year to €2.4bn (£2.1bn) in the second quarter of the year, thanks to a jump in income from de-fleeted car sales.

LeasePlan brings CarNext fleet-to-consumer marketplace to the UK

LeasePlan’s retail platform CarNext, selling de-fleeted cars directly to consumers, has launched in the UK, with plans for finance and subscription packages.

SMMT: steady 1.2% growth in new car sales in July

The number of new cars sold in Britain grew 1.2% year-on-year to just under 164,000 in July, according to figures from the Society of Motor Manufacturers and Traders.

The writing is on the wall: OEMs give ultimatum on post-Brexit trade

Lloyds’ Black Horse book grows 3% amid cautious underwriting

The loan book at Lloyds’ Black Horse motor finance division grew 3% to £14.2bn in the six months to June, as cautious underwriting approach brought margins down slightly.

Volkswagen FS profits up 5.6% off the back of strong car deliveries

Volkswagen Financial Services (VWFS) reported a 5.6% year-on-year increase in H1 profits to €1.2bn (£1bn), which it attributed to strong deliveries for passenger cars and a low interest rate environment in Europe.