All articles by Mike Cobb
Mike Cobb
Ford Motor Credit profits down after storm damage
The Finance arm of major US manufacturer Ford Motor Credit made a pre-tax profit of $434m (£256m) in the second quarter of 2014, according to a statement released by Ford.
Financing the Financiers
With increasing banking regulation and reserve capital requirements causing bank lending
to drop, asset finance providers are having to look to pastures new for their funding needs,
as Mike Cobb reports
Pancredit expands sales team
Software provider Pancredit, which provides loan application, collection and administrative systems, has appointed Ben Blackwood to the role of sales manager to expand the company’s coverage of the car finance and consumer lending markets.
The Car Finance Company go commercial and offer shares to staff
UK based near prime lender The Car Finance Company has launched a new service to cater to SMEs after seven years covering the near and subprime sector in consumer car finance.
Leader of the field that wants to get stronger
Mike Cobb interviews Chris Sutton, managing director of the UKs largest independent finance provider about dealers and doing business under a new regulatory regime
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Finance outstrips registrations rise in May
The amount of finance extended for new car purchases rose again in May with over £1.1bn in new deals being written, a jump of 16% year-on-year according to the latest data from the Finance & Leasing Association (FLA)
UK registrations continue to surprise
The new car market has risen over 10% in the first six months of the year according to figures released by the society of motor manufacturers and traders (SMMT) with June up 6.2% on the year before.
New Barn open for business
Mike Cobb reports from the grand opening of Moneybarns new office in Hampshire
MotoNovo get early landing call
MotoNovo has secured an early “landing slot” for full Financial Conduct Authority (FCA) authorisation, making it one of the first to do so under the new regulatory regime.
UK government extends subsidy for charge points
The UK government has given further backing to the ultra low emission vehicles (ULEV) market by announcing the next phase of its scheme to assist plug-in drivers to recharge their vehicles at home.