All articles by Richard Irvine-Brown

Richard Irvine-Brown

Cable ‘not aware’ of bogus PPI claims

Business Secretary Vince Cable has said he was “not aware” of the problem of spurious payment protection insurance claims.

September dealer finance hits £2bn – FLA

Around £2.14bn-worth of consumer finance deals were written, on 171,984 vehicles, in September, according to latest figures from the Finance & Leasing Association.

2012 new car sales to top two million – SMMT

The Society of Motor Manufacturers and Traders has revised its projection of total new car sales for 2012 to over two million vehicles, following another month of year-on-year growth for sales figures.

BMW FS profit up Q3, down year-to-date

BMW Financial Services “performed well” during the third-quarter with revenues up 14.97% year-on-year to €4.92bn (£3.94bn), according to a report for BMW Group.

Quarter of Toyota global profit from finance

Toyota is once more the biggest-selling brand in the world, according to six-month company results, with the financial services operation of the Japanese carmaker contributing a quarter of operating profit, despite generating only 5% of revenue.

‘Excellent trading’ at Lookers, Q3

Lookers, the 120-site dealer group, has posted an “excellent trading performance” for Q3, including September and new-plate registrations, and “a record result” in its interim management report for the period 1 July to 29 October 2012.

Frontline appoints national sales manager

Asset and vehicle finance software provider Frontline Solutions has appointed Martin Hill, previously a director of Codeweavers and ITC Compliance, as national sales manager.

BCA wins de-fleet contract with Toyota

Vehicle auction firm British Car Auctions and partner Ambrosetti UK have won the contract to remarket the fleet of Toyota in the UK following a competitive tender process.

GM Financial up ‘slightly’ on Q3 2011

GM Financial finished the third quarter $200m (£125m) in the black and “slightly” up on last year, according to latest reports from parent GM.

GM vows mid-decade break-even in Europe

Global manufacturer GM, responsible for Vauxhall in the UK and Opel on the continent, has outlined plans to have GM Europe balance its books by the middle of this decade with a range of cost cuts and new products.