All articles by Peter Johnstone
Peter Johnstone
PCFG looking for £10m acquisition
Commercial asset and non-prime vehicle finance provider Private & Commercial Finance Group is looking to make an acquisition in the region of £10m, among a string of new investments following its recent share issue.
Fleet Friday: LeasePlan Italian deal, Lex and Siemens, Toyota appointment
This week’s fleet news, including Leaseplan buying BBVA’s Italian business, Lex’s green initiative for Siemens, and a new fleet remarketing manager at Toyota.
P2P lenders first in line for BFP cash
Business Secretary Vince Cable has announced £55m of new SME funding will be made available to four finance suppliers through the Business Finance Partnership (BFP).
Fleet Friday: Arval, Civic, CO2, Asda and jobs
This weeks fleet news round-up including Arval online, the first deal for the new Civic, BVRLAs TfL response, Zeniths Asda deal and the latest board appointments.
Fleet Friday: LCVs, marques and the fire service
A weekly roundup of the UKs fleet news including Lexs latest appointment, LCV regulation, Nissan growth, the commercial Korando and the first fire service salary sacrifice scheme
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Banque PSA to receive French government support
French captive Banque PSA has received a 7bn (£5.6bn) state guarantee from the French government, in return for concessions from carmaker PSA Peugeot Citroen.
RBC buys Ally Canada for £2.6bn
Ally Financial, the entity formerly known as GMAC, GMs former finance arm, has sold its Canadian auto finance and deposit arm to Royal Bank of Canada (RBC) for $4.1bn (£2.6bn).
VFWS Q3 profits up 1% on 2011
Volkswagen Financial Services (VWFS), the leasing and finance arm of the German auto manufacturer, made 1.1bn in pre-tax profit in the nine months to 30 September 2012, a 9.4% rise on the same period last year.
Fleet Friday: ReCare and fleet finance volumes
A weekly round up of fleet news including vehicle safety recall and the FLA’s August finance figures.
Fleet Friday: Its all about remarketing
A weekly round up of fleet news including record values for fleet vehicles, a Lex mega sale and a 10-year partnership renewed.