All articles by MF Editorial
MF Editorial
Fraikin to supply 48 new vans to Lyreco
CV lessor Fraikin has been chosen by office stationery and supplies company Lyreco to supply 48 new Mercedes-Benz Sprinter 511 panel vans.
BEN benefits from BCA beach bash
The staff at BCAs UK network of auction centres raised over £15,000 for BEN, during the motor industry charitys recent National BEN Week campaign.
ACF Car Finance opens new showroom in the West Midlands
ACF Car Finance has opened a new car showroom in the West Midlands, near Coventry.
New collections solution launched
Motor finance collections agency Red2Black has launched what it describes as an “innovative new product” designed to maximise clients’ recovery rates.
BEN looks to new funding sources
The motor industry has been hard-hit by the recession, and its related charity, BEN, has suffered as a result, as its income levels have fallen sharply over the past year
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General Motors signs up new leasing partner
General Motors (GM) has announced that it has reached an agreement with lessor ALD Automotive to manage its UK private label leasing operation, which includes the brands Vauxhall Leasing, Saab Contract Hire and Chevrolet Lease.
Finn calls for scrappage extension
The chief executive of Pendragon has called for the government to extend the £2,000 scrappage scheme.
Fortis tie-up
Motor finance company Ignition Credit has teamed up with Fortis Bank in a joint trading relationship, the Cornish broker and lender has announced.
FLA: Still no help for industry
The Finance & Leasing Industry has called on the government to help the motor finance industry prepare for a brighter financial future, saying that more financial stimulus and a long-term plan from government are needed if lenders are to meet demand when the economy recovers.
NACFB brokers see vehicle finance business fall by 30 percent
The latest figures from the National Association of Commercial Finance Brokers (NACFB) show that business transacted by its vehicle finance members fell by 30 percent over the past year, compared to the previous 12 months The value of vehicle finance transactions reported by NACFB members who responded to the association’s annual survey fell to £759 million, down from £1.1 billion the previous year.