All articles by MF Editorial
MF Editorial
Lloyds TSB autolease’s web route to a greener fleet
Lloyds TSB autolease’s web route to a greener fleet Lessor Lloyds TSB autolease (LTSBa) has launched a website that aims to set out to fleets exactly how they can run a safer and cheaper fleet and help the environment at the same time through implementing examples of green best practice
BCA: September RVs weaker
Despite ongoing uncertainty in the economy, the latest price data from BCA shows that average prices for used cars continued to rise in the third quarter However, September was relatively weaker than both 2006 and 2005, and there are concerns that values could come under pressure in the final quarter of 2007.
FLA publishes PPI guide for consumers
A guide to payment protection insurance (PPI) that will be made widely available to consumers has been launched by the Finance & Leasing Association (FLA), in conjunction with the Association of British Insurers (ABI). The guide, which explains the basics of PPI as well as what consumers should look out for when buying a PPI policy alongside taking out a credit agreement, can be found on the FLA website
The fleet finance outlook
The fleet finance outlook The general perception is that car leasing and contract hire is less exposed to credit crunch concerns compared with consumer car finance.The packaging of collateralised debt obligations for onward sale in financial markets whether through securitisation bond issues, or through the bank conduit vehicles of the kind that have hit liquidity problems in the funding of mortgage loan books has been used fairly widely in consumer car lending, but much less so in leasing and contract hire
Hammond Group: Dealer sets sights on growth
Hammond Group: Dealer sets sights on growth Brian Rogerson visits the Hammond Group to find how it is using technology to help it through the current market downturn As a family business with limited resources in staff and capital, the medium-sized East Anglia-based Hammond Group has achieved much with tight management control and adept use of technology
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Corus contract extension worth £24m
Corus contract extension worth £24m Lloyds TSB autolease (LTSBa) has won a three-year extension of its fleet deal with steelmaker Corus, with the deal worth an estimated £24m up until the end of 2009.
A certain lack of certainty
A certain lack of certainty Sometimes I despair of government.This is not a party-political point, just the uninformed observation of a humble citizen who marvels at how with all those resources, clever people and committees, the government can still manage to mess things up This months example concerns the Assets Recovery Agency,which was set up to seize criminals illgotten gains.The Commons Public Accounts Committee has just announced that the Agencys launch was illplanned and its goals unrealistic.Worse, it has spent three times as much as it has recovered
£24m Lloyds TSB autolease deal with Corus extended
Lloyds TSB autolease (LTSBa) has won a three-year extension of its fleet deal with steelmaker Corus, with the deal worth an estimated £24m up until the end of 2009. LTSBa will provide Corus with a fleet of between 1,600-1,800 vehicles, with 600 new vehicles delivered every year on a contract hire basis with full maintenance and accident management cover.
Starter interrupt devices hit the UK
Starter interrupt devices hit the UK UK company is to launch starter interrupt devices for use in leased or financed cars, with the aim of cutting debtor delinquency rates
Public sector: £270m government car leasing framework agreed
Public sector: £270m government car leasing framework agreed The government has developed a framework for car lease agreements, and has announced the names of the 10 fleet leasing companies who have been appointed as approved suppliers