All articles by MF Editorial
MF Editorial
Fleet size falls at Pendragon Contracts
The three brands under which retailer Pendragon operates its fleet leasing and management business – Bramall Contracts, Pendragon Contracts and Vardy Contract Motoring – saw their combined fleet fall by 600 units to 17,600 by year-end 2007.
100th BCA sale in partnership with VWFS
Auction house BCA has carried out its 100th sale in partnership with Volkswagen Financial Services (VWFS), featuring 392 Audi, Bentley, Skoda and VW cars. 300 were sold on the day for an average price of £10,040 at 98 per cent of CAP Clean, raising turnover in excess of £3m.
Green accreditation for ALD Automotive
ALD Automotive has received international environmental management standard ISO 14001, following wide-ranging green initiatives by the fleet management and leasing company across its three UK sites.
Mixed results for retailers
Car retailers Inchcape, Lookers and Pendragon have released their respective results for 2007, which show how the three chains coped with the challenging and competitive market for car sales in the UK – and abroad.
Diesel or petrol?
Fleets of all shapes and sizes have fuelled a diesel boom over the past three years, largely driven by tax incentives for reduced CO2 emissions and more fuel efficient vehicles that benefit fleet operators.
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Caledonia sites bought
Caledonia sites bought Car dealer group Caledonia, which has gone into administration, has sold five of its nine retail sites and is to close four with the loss of 78 jobs
Wesleyan win for Inchcape Fleet Solutions
Wesleyan win for Inchcape Fleet Solutions Inchcape Fleet Solutions (IFS) has won a deal with Wesleyan Assurance Society to provide it with 300 company cars, to be operated on a contract purchase basis over three years and 60,000 miles
How well organised is the sales organisation?
In the first of three articles based on an exclusive survey for Motor Finance, Richard Higham reveals the truth about the way the industry organises sales
Disposal of Inchcape sites raises £14.3m
Disposal of Inchcape sites raises £14.3m Retailer Inchcape plc has cut its ties to the General Motors brand Vauxhall with the sale of its five UK Vauxhall retail sites
Brokers adopt a radical change in outlook
Finance & Leasing Association statistics reveal that in the year to September 2007 the proportion of new business delivered to its members by brokers totalled some £3.44bn (2006: £2.95bn) or 16.4 per cent of total business written.