All articles by Verdict Staff
Verdict Staff
Across the pond
Cash for clunkers a hit for some, Ford holds on as top financier, subprime lenders on the up
Zero percent finance in demand from customers
A survey has found that zero percent finance is the most appealing incentive to potential new car buyers.
NACFB brokers see vehicle finance business fall by 30 percent
The latest figures from the National Association of Commercial Finance Brokers (NACFB) show that business transacted by its vehicle finance members fell by 30 percent over the past year, compared to the previous 12 months.
Across the pond
Car buyers have been lining up for credit union financing like kids at an ice cream truck on a hot summer day.
Tony Worthy: Motor month
New car registrations rose 2.4 percent in July to 157,149 units This was the first growth in 15 months, reflecting the positive impact of the scrappage incentive scheme
Behind the figures
Each month, Motor Finance analyses results posted by lessors and motor financiers over the previous four weeks to discover the latest trends.
On the move
Jenny Powley, formerly director of Arvals Large Corporate division, has switched roles within the company, moving to become the new sales director of the lessors fuel and fleet card product range.
Fleet deals
Freshfields Bruckhaus Deringer has signed a deal to provide a salary sacrifice car scheme to all its 1,800 UK staff, working with fleet management and leasing company Tusker.
On the move
(FREE) Jaama, Epyx, Glass’s, Nexus, Greenroad, Inchape, Audi UK, Ben, Toyota, Rolls- Royce UK etc.
Casebook: Enforcement of guara
Finance agreements with a debtor company are often backed by personal guarantees from the directors of the company If insolvency proceedings are contemplated to enforce the guarantee, you need to consider whether you could bring the same action against the principal debtor