All articles by Richard Irvine-Brown
Richard Irvine-Brown
Equifax: Car loans 50% of US non-mortgage credit
More than $196bn (£126bn) has been lent in new finance on cars in the US from January to May 2013, according to credit reference agency Equifax.
FCA interim permissions registration opens
The registration process has opened for companies with a valid consumer credit licence to gain interim permission to trade under the regulation of the Financial Conduct Authority.
MBFS electric bicycle hire purchase
Mercedes-Benz Financial Services, the captive finance partner of the Daimler Group, is offering 0% APR representative on the smart ebike.
Co-op Group reports heavy loss from banking arm
The Co-operative Group has reported an underlying operating loss of £356m for the first half of 2013, compared to a £140m profit for the first six months of 2012.
Chief Operating Officer leaves Renault
Carlos Tavares has left Renault by mutual consent. The brand added a reorganisation of its management will be announced soon.
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March 13-reg outsells previous nine plates SMMT
New car registrations since 1 March have surpassed registrations in all of the previous nine six-month periods, despite the number 13 license plate, according to the Society of Motor Manufacturers and Traders.
Alphera warns dealers and brokers over FCA
Car finance provider Alphera Financial Services has urged motor retailers to organise themselves in response to the Consultation Paper (CP13/7) published in March regarding the transfer of consumer credit regulation to the Financial Conduct Authority.
Management reshuffle at Jaguar Land Rover
Several senior managers have been appointed or moved at Jaguar Land Rover as the two brands combine marketing and sales leadership.
BCA: Plate change may trigger used car influx
Vehicle remarketing company British Car Auctions has predicted an improved choice of vehicles in the used car market will follow the release of 63 registration plate in September.
Great Wall Auto begins China finance operation
Chinese manufacturer Great Wall Auto, has begun a finance operation in its domestic market in partnership with Tianjin Binhai Rural Commercial Bank, according to Chinese automotive news website Gasgoo.com.