All articles by Verdict Staff

Verdict Staff

On the move

Manheim Auctions in Birmingham has appointed Zaiga Jinkinson as auction centre manager She has spent over 20 years in the vehicle auction industry, and was assistant auction centre manager at Manheims Leicester site for the past seven years Manheim Birmingham sells approximately 30,000 vehicles a year, specialising in dealer part-exchange vehicles and finance repossessions.

Behind the figures

Each month, Motor Finance analyses results posted by lessors and finance companies over the previous four weeks to discover the latest trends in the industry.

Software and systems update

Leasedrive Velo launches mileage capture product Vehicle management provider Leasedrive Velo has launched a new mileage capture product.

On the move

Nigel Steads two-year tenure as chairman of the BVRLA has come to an end, and Kevin McNally has been named as the associations new chair. McNally is regional senior vice-president for Northern Europe and the Americas at lessor LeasePlan.

Across the pond

The days of lenders wooing dealers with fancy vacations and front-row tickets to baseball games are gone. Thanks to the tightening credit market, dealers are now courting lenders while trying to learn the ins and outs of what financiers want.

Tony worthy: Motor month

New car registrations fell by 24 percent in April. The market has fallen by 245,184 units or 28.5 percent during the first four months of 2009. Diesel penetration has slipped, but demand for small cars continues to grow.

Mandelson rebuked by BoE for car finance aid ‘delay’ comments

The Bank of England has denied it is to blame for delays to a scheme to give liquidity assistance to car finance firms.

Features

Casebook: Payment by instalments

When an individual is made bankrupt or a company is wound up, any dissipation of assets, or enforcement proceedings completed after the date of the presentation of the petition are liable to be set aside (s346 Insolvency Act 1986 IA).

Features

Tony Worthy: Motor month

New car registrations continue to decline and although government recognises the strategic importance of the UK motor industry, urgent action is still needed, said Paul Everitt, SMMT chief executive.

Fleet deals

Tusker acquires Allen Fleet Services…Charity renews its company car fleet…Saab Contract Hire closes its doors…