All articles by Sotiris Kanaris

Sotiris Kanaris

Close Brothers: Used LCV market to grow strongly in 2015

Close Brothers Motor Finance predicts strong sales in the used light commercial vehicles (LCV) market over the next 12 months.

Bridging finance firm Amicus buys majority stake in London lessor Norton Folgate

Short term loan provider Amicus Finance has acquired London-based brokerage Norton Folgate Capital Group Limited, including Norton Folgate Capital Consulting LLP.

SPA Future Thinking: personal savings most popular option for buying a car

Personal savings appeared to be the most popular method used by motorists to finance the purchase of a new car, a survey by consultancy SPA Future Thinking has found.

The UK car export boom and China’s appetite

The number of UK-built cars exported increased significantly over the past five years with China becoming a key recipient, a Society of Motor Manufacturers and Traders (SMMT) report has revealed.

New investor and chairman for Tusker

Tusker, a company car scheme provider, has secured funding from private equity group ECI Partners, under a refinancing deal.

Wesleyan Group acquires Syscap

Asset management firm Wesleyan Group has acquired IT leasing and asset finance firm Syscap

EU to clamp down on car clocking companies

The European Parliament is to outlaw firms that offer to wind back the mileage on cars and other vehicles, often called ‘clocking’, by mid-May 2018.

Pendragon launches click and collect service, as profits soar

Pendragon claims to have launched the UK’s first automotive click and collect service, after its profits increased by 36% in 2014.

CAP partners with CarCliq for service linking buyers and dealers

Vehicle valuation company CAP partnered with car sales website carcliq.co.uk, to create the CarCliq Pro service that matches buyers with dealers.

Q3 2014: Used car sales reach seven year high

Used car sales rose by 2.6% in the third quarter of last year compared to the corresponding period in 2013, reaching the highest sales figures since 2008, according to Experian.