All articles by Sotiris Kanaris
Sotiris Kanaris
Paragon adds staff from Barclays and Close Brothers
Paragon Car Finance, the vehicle finance arm of Paragon Bank, has appointed three new major account managers to expand business across the UK with large brokers and dealer groups.
EU car registrations continue recovery
European passenger car registrations continued their recovery in February, growing 14.3% year-on-year, according to the European Automobile Manufacturers Association (ACEA).
Leasing companies drive uptake of ultra-low vehicles
The leasing sector is a leading adopter of cleaner and more fuel-efficient vehicles, according to the latest quarterly survey by the British Vehicle Rental and Leasing Association (BVRLA).
BCA: Average used car values climb in February
The average value of a used car sold at British Car Auctions (BCA) stood at £7,929 in February, a 0.6% (£52) rise compared to the same month in 2015, according to the BCA Pulse report.
Close Brothers: Online presence critical for dealers
91% of dealers believe having an online presence is important in order to drive business and generate positive growth, according to a survey by Close Brothers Motor Finance.
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BCA plans expansion of remarketing network
British Car Auctions (BCA) has announced a series of enhancements to its UK remarketing network over the next two years.
Hybrid and EV sales to near 17m by 2020, but used market struggles
Nearly 17m hybrid and electric vehicles will be on the road globally by 2020, up from an estimated 12m last year, according to a study from Juniper Research.
Alphabet UK launches Virtual Handover
After a successful trial, fleet lessor Alphabet has launched its Virtual Handover service to all customers receiving new vehicles via its preferred dealership network.
Athlon enters underdeveloped Swiss market
Fleet lessor Athlon International has expanded its European reach with the establishment of Athlon Switzerland. Following the expansion, Athlon is represented in 22 countries globally.
SMMT: New car registrations up 8.4% in February
New car registrations increased 8.4% year-on-year in February to 83,395 units, according to the Society of Motor Manufacturers and Traders (SMMT). This was the highest February figure since 2004.