All articles by MF Editorial
MF Editorial
50,000-vehicle landmark reached
The UK arm of ALD Automotive has reached a significant landmark, as a Ford Focus delivered to customer Cummins Ltd became its 50,000th vehicle – in the year in which the lessor celebrates its 50th birthday.
Media’s PCP ‘negative equity’ claims debunked
Recent articles in the national press warning of ‘negative equity’ for customers on personal contract purchase (PCP) schemes have been criticised by motor finance experts for their potential to mislead the public.
Swing back to fleet managers
The humble fleet manager may undergo a rennaissance in 2009 as the recession bites, a survey has found.
CV Show cancelled
The Commercial Vehicle Partnership, comprising the SMMT, RHA and SOE, and the CV Show Committee, made up of the partners and representatives from the commercial vehicle and component sector, agreed today to cancel this year’s CV Show scheduled for 28-30 April at Birmingham’s NEC.
Government plan to shore up SMEs
The government has announced a £21bn plan to help small and medium-sized enterprises, with loan guarantees to try and inject capital into otherwise healthy companies which are suffering from a lack of liquidity.
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SMEs urged to go back to company cars
Turning away from company cars could be seriously bad for SMEs’ financial health. This is the message from the head of Lombard Vehicle Management, Rob Bailey, who has advised SMEs which offer employees a cash-for-car to option to encourage drivers back into company cars, as a way of controlling – and reducing – costs.
Calls for scrappage scheme gain momentum
The prospect of a scrappage scheme, which would give consumers a financial incentive to replace older cars with a new, green model, is gaining support on a national and European level.
Arval wins sale-and-leaseback deal
Arval has agreed a sale-and-leaseback deal with existing customer ArojHuntleigh UK, covering 200 vehicle units- 95 LCVs and 103 cars.
Three-year remarketing deal
Santander Consumer Finance and Manheim Auctions have agreed a new solus three-year contract.
Siemens Motor Contracts closes to new business
Fleet management and leasing company Siemens Motor Contracts (SMC) has closed to new business as of mid-December.