All articles by Verdict Staff
Verdict Staff
Close Brothers Motor Finance hires director of strategy
Close Brothers Motor Finance has appointed Chris Bosworth to role of the director of strategy at the independent lender.
Dealers that float will perform strongest
It’s a good time to be in the automotive industry at present. In 2014, the new car market reached a record value of £43.4bn with new car registrations at 2.5 million units.
What to expect from the FCA, post interim permissions
As the FCA moves from ‘authorisation’ to ‘supervision’ mode, managing director of Consumer Credit Compliance Ian Beardmore explains just how seriously companies should take the regulator, and what to expect in the future
Vague contract for Porsche is enforceable
Agreements to agree are generally unenforceable as too uncertain. However, the Court of Appeal has recently found that a binding contract had been concluded for the sale of a limited edition Porsche even though there was no set price, no vehicle and no delivery date at the time the contract was made.
Handy tips for recovering vehicles abroad
Today assets move around so easily we often find asset finance companies need help with a defaulting customer who has taken a vehicle overseas.
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Selection of security devices in asset leasing
James Baird assesses some of the common ways lenders can mitigate the risk of default on funds they have lent to borrowers
Transparency is the clear path to success
The motor industry has moved on. Forget the hackneyed stereotype of the shiny suited sales people, stalking the forecourt looking for a quick sale – let’s look at who car buyers really encounter.
Black Horse reports 34% growth in loans
Black Horse, the car finance arm of Lloyds Bank, has reported its new lending grew 18% in 2015, year-on-year.
The Motor Finance Power 50: The most influential people in motor finance
This years Power 50 received more input than any previous year, with well over 1,100 people casting votes. As with the previous years Power 50, the list is split into the Top Ten, followed by the 11th to 50th. Motor Finance would like to thank everyone who participated.
FCA US launches two co-branded credit cards
FCA US, a member of the Fiat Chrysler Automobiles family of companies, has launched two co-branded credit cards for small businesses in collaboration with First Bankcard, a subsidiary of First National Bank.