Cattles: FSA to investigate?
The Financial Services Authority (FSA) has reportedly opened a file on Cattles, the sub-prime lender, after a £700 million black…
ByMonth: April 2009
CAP reports RVs ‘stabilising’
One of the main drivers for stronger used values this year has been a shortage of used car stock, caused…
ByHewer FM acquires 35 Berlingos with Lex and Automotive
Heating and electric specialist Hewer Facilities Management has acquired a fleet of 24 Citron Berlingo vans on contract hire with…
ByAutoquake raises £4 million from VC backers
Internet car auction site Autoquake.com has raised £4 million from its venture capitalist backers in order to fund expansion, it…
ByMotor finance industry aid still not forthcoming
The government has still not announced plans to aid the motor finance sector, despite business secretary Lord Mandelsons comments in…
ByBurlington Credit joins FLA
Asset repossession company Burlington Credit has joined the Finance & Leasing Association (FLA) as an associate member. We are confident…
ByDriver choice to become more restricted?
Ross Jackson, managing director of consultancy Fleet Operations, has predicted that huge increases in contract hire costs could trigger a…
ByWelcome Car Finance to be wound up
In a decision to further conserve cash and improve liquidity, the troubled sub-prime lender Cattles Plc has announced its proposal…
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