All articles by Sotiris Kanaris
Sotiris Kanaris
SMMT: New car registrations up 2% in April
New car registrations increased 2% year-on-year in April to 189,505 units, according to the Society of Motor Manufacturers and Traders (SMMT). This April figure was the highest since 2003, when 194,312 new vehicles were sold.
Sofico to introduce e-signature capability to its software
Global automotive finance, leasing and fleet software provider, Sofico has partnered with Belgian software house Connective, to introduce a new electronic signature capability to its software Miles.
Manheim launches new pre-auction inspection service
Vehicle remarketer Manheim has launched a new pre-auction inspection service called SureCheck, replacing its Assured programme.
ALD Automotive UK appoints head of remarketing
ALD Automotive UK has appointed Simon Patel to the newly-created role of head of remarketing and logistics.
Ford Credit reports $514m profit in Q1 2016
Ford Credit reported pre-tax profit of $514m (£353m) in the first quarter of 2016, up $31m compared to the same period in 2015.
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Taylor leaves ALD Automotive UK for Essential Fleet Services
Greg Taylor has resigned as operations director at ALD Automotive UK to take up a commercial director role at Essential Fleet Services.
GM reports $2bn net income in Q1
General Motors (GM) reported net income to common stakeholders of $2bn (1.38bn) in Q1 2016, up from $0.9bn in the same period in 2015.
Volkswagen Group reports loss, despite rise in sales revenue
Volkswagen Group recorded a consolidated loss before and after tax of 1.3bn (£1bn) and 1.4bn respectively for the fiscal year 2015, due to extraordinary charges.
Daimler Financial Services new business up 4% in Q1
Daimler Financial Services has reported a 4% year-on-year increase in new business to 13.7bn (£10.8bn) in Q1 2016.
Glasss: Used market reaching supply tipping point
The used car market is starting to reach the long-predicted tipping point into oversupply – with values coming under pressure as a result, Glass’s reported.