All articles by Sotiris Kanaris

Sotiris Kanaris

Tesla’s revenues up, but reports $230m loss

Tesla Motors has reported a net loss –as guided by generally accepted accounting principles (GAAP) – of $230m (£149m) in Q3.

Equifax launches set of tools to combat ID fraud

Credit reference agency Equifax has launched a set of ID and fraud prevention tools called Progressive Authentication.

Nissan raises forecasts as profits surge in H1

Nissan Motor Company has revised its full year forecasts up following a 50.8% year-on-year increase in operating profit in the six months ended September 2015.

Chevin: Fleet managers “confused” over big data possibilities

Too much data is being collected by fleets that has no strategic purpose, Chevin Fleet Solutions has found.

BVRLA launches roundtables to outline policy positions for 2016

The British Vehicle Rental and Leasing Association (BVRLA) has launched a series of roundtables to help shape its policy position in four key areas affecting fleets.

Fiat Chrysler Automobiles reports €299m loss in Q3

Fiat Chrysler Automobiles (FCA) has reported a net loss of €299m (£215m) euros in the third quarter of 2015, despite a 17% year-on-year rise in revenues.

CAP: Used volumes rise as residual values slide in October

Used car values dropped by 2.2% in October in a “predicted seasonal slide”, according to vehicle valuation company CAP.

NGC updates rating and emissions calculator

Next Green Car (NGC) has updated its NGC Rating calculator to account for known discrepancies between official and real-world carbon dioxide (CO2), nitrogen oxides (NOx) emissions.

BCA: younger drivers not receiving follow up calls from dealers

None of the 17-24 year olds interviewed by British Car Auctions (BCA) as part of its Used Car Market Report said they had received a follow up call from the dealer who sold them their last car within the first month, compared to 47% of all used car buyers.

CIT group to become US commercial bank

US commercial lending and leasing service company CIT announced a series of strategic initiatives that are designed to advance the company’s transition to a US commercial bank.