All articles by Sotiris Kanaris

Sotiris Kanaris

BCA: Average used car value rises in June

The average value of a used car sold at British Car Auctions (BCA) stood at £7,758 in June, a 3.7% (£282) rise compared to the same month in 2014, according to the June BCA Pulse report.

SMMT: Record half-year registrations for UK new car market

New car registrations increased by 7% in the first half of 2015 compared to the same period last year to reach 1,376,889, according to figures released by the Society of Motor Manufacturers and Traders (SMMT).

BVRLA: Number of fleet vehicles through brokers up 20% in 2014

The number of broker-originated vehicles on contract with funders increased by 20% last year compared to 2013, according to a survey by the British Vehicle Rental and Leasing Association (BVRLA).

My Car Check: Outstanding finance the most common pitfall for used car buyers

My Car Check has revealed that a third (32.17%) of all finance checks it conducted in the first half of 2015 flagged up active finance agreements.

What Car?: Discounts on new cars shrinking

Average discounts negotiated by consumers are smaller now than they were 12 months ago, research by car buyer’s guide What Car? has found.

Arval acquires GE Capital’s European fleet business

Arval, the fleet arm of BNP Paribas Leasing Solutions, has signed a memorandum of understanding to acquire GE Capital Fleet Services business in Europe.

BEN chooses Charities Aid to support Payroll Giving schemes

BEN, the automotive industry charity, has handed over the administrative management of nearly 400 automotive companies’ Payroll Giving schemes to the Charities Aid Foundation (CAF).

Epyx launches “white label” disposal platform for motor manufacturers

Automotive technology provider epyx has launched a new “white label” disposal e-commerce platform for motor manufacturers.

FLA members support more than 330,000 UK jobs

Finance & Leasing Association (FLA) members supported 331,300 UK jobs through the provision of asset finance, motor finance and consumer finance in 2014, according to a research carried out by Oxford Economics for the FLA.

Sofico completes restructuring of French division with new appointment

Global fleet and leasing software provider Sofico, has appointed Peter Tanghe as director general of its new French division, Sofico Services France.