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
VW and Fleet Investments sell Leaseplan for 3.7bn
Volkswagen Aktiengesellschaft (VW) and Fleet Investments, owned by German banker Friedrich von Metzler, has sold fleet management company LeasePlan to a consortium of investors for 3.7bn.
UK car manufacturing approaches 2008 peak in H1
Strong car manufacturing figures for June meant production figures for H1 2015 reached 793,642 cars, the highest since 2008, according to the Society of Motor Manufacturers and Traders (SMMT).
New partner and associate for Shoosmiths
Law firm Shoosmiths has added Mark Elder as a partner and Rebekah Finch as an associate to its recoveries and litigation team.
Autotrader: London and Northwest hot spots for speedy sales
The top ten fastest selling models in the Northwest and London took an average of 15 and 16 days to sell, respectively, on Autotrader, compared to a national average of 20.7 days.
Government launches £20m fund and code of practise for driverless cars
The Government has launched a £20m competitive fund for collaborative research and development into driverless vehicles that is to be matched by the industry.
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Martin Wheatley to stand down as FCA chief executive
Martin Wheatley, chief executive officer at the Financial Conduct Authority (FCA), is to stand down from his role, effective 12 September 2015.
$24m settlement for American Honda discriminatory lending practises
American Honda Finance Corporation (AHFC)has reached an agreement to pay $24m in compensation to customers after the US Consumer Financial Protection Bureau (CFPB) and US Department of Justice (DOJ) accused it of discriminatory lending practises.
NFDA: FCA GAP study flawed
The Financial Conduct Authoritys (FCA) study on GAP insurance was flawed and got the result the FCA was looking for, according to Louise Wallis of the National Franchised Dealers Association.
Crown Commercial Service selects fleet management providers
A number of fleet management providers have been selected to cover up to three lots for public sector fleets by the Crown Commercial Service.
Volvo buys prestige manufacturer Polestar
Volvo Cars has acquired 100% of Swedish prestige manufacturer Polestar for an undisclosed amount.