All articles by MF Editorial
MF Editorial
Inchcape FS provides fleet for Homeserve
Inchcape FS provides fleet for Homeserve Fleet management and leasing company Inchcape Fleet Solutions has delivered 70 light commercial vehicles to Homeserve, an emergency home repair and insurance provider
New chief executive for SMMT
New chief executive for SMMT The Society of Motor Manufacturers and Traders (SMMT) has announced the name of its new chief executive
Strong Q3 results for French captives
Peugeots finance arm Banque PSA Finance reported revenues of 498m (£349m) in Q3 2007, compared with 444m (£311m) in Q3 2006 – a rise of 12.2 per cent
Network automotive: Longer term rentals beating standard car-hire
Network automotive: Longer term rentals beating standard car-hire Clever marketing and growing demand have seen an increase in longer-term rentals for franchised dealers who run their own car hire operations, according to motor industry support services provider Network Automotive.
Credit Crunch: The fleet finance outlook
Credit Crunch: 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.
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Lloyds sells dealer chain
Lloyds sells dealer chain Lloyds TSB Asset Finance has sold its motor retail division, Dutton Forshaw Group Ltd, to motor retailer Lookers for a total consideration of £60m, seemingly as part of a plan to divest itself of non-core businesses in a bid to boost profits.
The power of process
The power of process An efficient sales process is good for business, says Richard Higham
Positive outlook for Detroit Three
Positive outlook for Detroit Three Since the prospect of a prolonged and widespread strike at General Motors, Ford and Chrysler has largely been averted, thanks to the agreement reached by General Motors and the United Auto Workers union, ratings agency Standard & Poors announced it has placed its long term corporate credit ratings for the Big Three on CreditWatch with positive implications
Vehicle values: Coupes
Vehicle values: Coupes For a relatively small sector, coupes encompass a range of cars that runs from luxury, high value models to more mainstream examples Successfully remarketing those top-end niche models calls for a different approach and while some models slip easily into dedicated sales for prestige and high value vehicles, others are more at home in specialist sportscar sections or similar
Zenith Vehicle Contracts
Zenith Vehicle Contracts Independent lessor Zenith Vehicle Contracts has won a deal with oil giant BP to supply its staff with 4,000 company cars.