All articles by Jonathan Minter
Jonathan Minter
Jonathan is the editor of Motor Finance magazine. You can reach him at jonathan.minter@verdict.co.uk
PSA Groupe rebrands and invests in p2p start-up
PSA Groupe has rebranded, and taken part in a capital increase of peer-to-peer carsharing start-up Koolicar, becoming a shareholder alongside MAIF, Koolicar’s historic partner since 2010.
FCA: culture and governance remains a priority and staffing costs increases
The Financial Conduct Authority has outlined that firm culture and governance, innovation and technology, as well as treatment of existing customers will be a priority for the coming 12 months in its 2016/17 Business Plan.
Asset Alliance Group secures £75m credit line from RBS and HSBC
Commercial vehicle contract hire, finance and sales company Asset Alliance Group has secured a £75m revolving asset based lending deal from RBS and supported by HSBC.
SMMT: Over 50% of new cars sold feature autonomous tech
Over half of all new cars registered in 2015 were fitted with some autonomous safety technologies, data from Jato Dynamics and The Society of Motor Manufacturers and Traders (SMMT) has shown.
UK Business minister to stop clocking
UK business minister Anna Soubry has told the Sun she intends to close a legal loophole which allows the practise of clocking to occur.
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My Car Check: Over one in 10 electric and hybrid cars checked have outstanding finance
Over one in ten (12%) electric and hybrid cars checked by data company CDLs My Car Check provenance checker flagged that the vehicle had existing finance on it in February, the company has revealed.
SMMT: double digit growth for manufacturing in February
Strong domestic demand pushed UK car manufacturing to double digit growth in February, according to stats released by The Society of Motor Manufacturers and Traders (SMMT).
Lending balance up 20% at Moneyway
Motor finance provider Moneyway grew its lending balance from £137.9m in 2014 to £165.7m in 2015 as a result of a growth in new business and new initiatives.
BEN chief executive to retire
David Main, chief executive of automotive charity BEN, is to retire from the organisation in July 2016. He will be replaced by Zara Ross.
FBI issues car hacking warning
The US Federal Bureau of Investigation (FBI) and the US National Highway Traffic Safety Administration (NHTSA) have issued a public service announcement regarding potential car hacking vulnerabilities.