All articles by MF Editorial
MF Editorial
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
New channels, new opportunies
Brian Rogerson sought the opinions of several motor leasing brokers to determine what degree they rely on the internet as a tool for obtaining and processing new business Q:How do you track, collect and process customer approaches via the online channel?
Big is beautiful
After restructuring, GE Fleet is focusing on systems development for its pan-European corporate clients, Jo Tacon finds GE Capital Solutions, Fleet Services – to give the fleet management and leasing arm of multinational behemoth General Electric its full name – is the largest fleet lessor in the world, with over 1.4m units under management
The economic downturn: Technology to the rescue?
As a result, says Paul Biggs, director of Millbrook Technology, since lenders and dealers dont purchase new systems very often, the systems providers tend to survive by supporting existing systems providing incremental improvements and the odd system sale.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Number of cars on driveways set to fall?
Just under half (48 per cent) of all respondents said they were considering downscaling to one vehicle per household, while 71 per cent said they were holding back on buying a new car in order to save money.
Recycling initiative in Lombard Vehicle Management van deal
LVM general sales manager Matt Dale said: With the ability to manage entire van builds and supply chains in-house it was a natural step to develop this service, especially at a time of increasing pressure on costs and environmental concern.
Leasedrive Velo’s £2.1m sale-and-leaseback deal
Commercial director of Leasedrive Velo, Roddy Graham said that the leasing companys transparent approach along with its online fleet management system Drive:Manager had been key deciding factors in Palmer & Harveys choice, which followed a competitive tender.
Advantage Finance profits up 30 per cent in H1
Advantage Finance, a specialist sub-prime motor finance lender, has grown its audited profits for the six months to July 2008 to £1.6m, up 30 per cent compared with the same period in 2007
Remarketing agreements with Manheim extended
Remarketing agreements with Manheim extended GMAC Finance and FCE Bank have extended their agreements with Manheim Auctions The auction company will dispose of vehicles returned to GMAC through early termination, repossession or from PCP customers for three more years from 2009 Manheim will run a dedicated sales programme for GMACs fully reconditioned stock at five of its auction centres Bristol, Birmingham, Glasgow, Rotherham and Wimbledon