All articles by MF Editorial
MF Editorial
Brokers
Welcome to Motor Finance’s brokers survey. To navigate the survey, please use the links below. Clarion call for broker accreditation
Tie-up with Vauxhall to target SME fleets
Lombard Vehicle Management (LVM) has announced a joint campaign with Vauxhall to market the manufacturers cars and vans to SMEs, with specially-negotiated rates LVM said that almost every Vauxhall model and derivative is available, with prices predicated on a three-year, 30,000 mile basis The push is part of its strong ongoing commitment to SMEs, LVM said
RMIF buys back parts of ReMIT
The Retail Motor Industry Federation (RMIF) is to buy back some parts of the ReMIT training business from the administrators of Carter & Carter Group, which collapsed following the death of its founder and chief executive Philip Carter in a helicopter crash in May 2007
Lessors urged to back Roadsafe campaign
Consultancy RoadSafe is calling on fleet and leasing companies to support its government-backed Driving for Better Business campaign, which aims to promote safety among business drivers.
Rebrand and new strategy for Arnold Clark VM
Arnold Clark Finance, the contract hire subsidiary of the Scottish dealer chain, has rebranded to Arnold Clark Vehicle Management (ACVM). A spokesperson for ACVM said that the new name better represented the companys comprehensive range of vehicle leasing products and services, as well as its commitment to customer services. The management team has not undergone any changes as a result of the rebranding exercise, and there will be no change to activity at the dealership level.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Budget 2008: Fuel tax rise postponed
The proposed rise in fuel duty has been postponed from April 2008 until October 1 2008, chancellor of the exchequer Alastair Darling announced in todays Budget speech.The decision was cautiously welcomed by both the RAC and the AA.
Dealers urged to plan for emergencies
A new consultancy has been launched with the aim of helping motor retailers put business continuity plans in place to help them cope with unexpected setbacks – such as the credit crunch of recent months, or last years devastating floods across large swathes of the UK.
Promising the earth
Many software providers believe their clients have misconceptions regarding systems updates A common accusation is that lenders and brokers underestimate the amount, and level, of resource that will be needed to be assigned to a successful system implementation.
Maintenance contract win
Maintenance contract win Kwik-Fit Fleet has won a 12-month contract with Leasedrive VELO to provide the lessor with a wide range of fast-fit services for its 17,500-vehicle fleet, Kwik-Fit Fleet said Leasedrive VELO commercial director Roddy Graham said: On the Leasedrive side, we have enjoyed a preferred supplier partnership with Kwik-Fit Fleet for the past four years so it was a natural choice to renew this strong partnership given Kwik-Fit Fleet also looked after VELO.
Turnover and profits leap for LeasePlan
Turnover and profits leap for LeasePlan Fleet management and leasing company LeasePlan announced that its net profit for 2007 grew by 13.4 per cent to 239.2m (£178.2m), excluding divestments, with the overall net result up 21.2 per cent to 255.4m (£190.2m)