All articles by Sotiris Kanaris

Sotiris Kanaris

Volkswagen CEO resigns over diesel emissions scandal

Volkswagen chief executive officer Martin Winterkorn has resigned following accusations that the firm manipulated US diesel car emissions tests.

FCA appoints new COO

The Financial Conduct Authority (FCA) has completed its executive committee with the appointment of Georgina Philippou as the new chief operating officer.

Manheim: Used diesel car values surge, as the fuel’s price drops

Following a fall in the price of diesel below that of petrol in late July, vehicle remarketer Manheim found that in August the increase in average values of used diesel cars was more than £200 higher than the rise in average values of petrol cars.

AutoTrader: Nearly one in five deals threatened by part-ex negotiation break-down

18% of showroom deals could break down during part exchange negotiations in September, AutoTrader has claimed.

Trotman appointed to the board of the ICFM

UK independent ‘not for profit’ organisation Institute of Car Fleet Management (ICFM) has appointed Nigel Trotman to its board.

Close Brothers expands its sales team with nine appointments

Close Brothers Motor Finance has appointed eight new account managers and a new sales manager in its Northern and Southern branches.

ACEA: EU passenger car registrations up 11.2% in August

Passenger car registrations in the EU reached 744,799 in August, up 11.2% year-on-year, according to figures released by the European Automobile Manufacturers Association (ACEA).

NextGear Capital marks official Irish launch with various partnerships

Stock funding provider NextGear Capital has partnered with various Irish companies within the used car remarketing trade as part of its official public launch in the Republic of Ireland.

Opel Bank expands into online retail banking

General Motors’ European subsidiary, Opel, is to expand its financial operations into online retail banking in Germany.

Sinclair appointed to the board of the ICFM

UK independent ‘not for profit’ organisation Institute of Car Fleet Management (ICFM) has appointed Mark Sinclair to its board.