All articles by Mike Cobb

Mike Cobb

DWF recognised for transport skill

DWF, the expanding UK law firm, has been recognised for its work in the transport sector by the independent guide to the UK legal market, Chambers UK 2014.

BMW FS increases revenues and new contracts

BMW Financial Services (BMW FS) increased its global revenues by 1.6% to €4.99bn (£4.19bn) in the third quarter of 2013, helping to bolster the group’s overall revenue for the three months to €18.75bn.

Used car stock ageing warns report

The volume of cars under four years old on UK roads is at its lowest in 16 years, partly down to the extension of leasing deals, recent research has shown.

VWFS contract growth Q3

Germany’s Volkswagen reported an operating profit of €8.6bn (£7.36bn) for the first nine months of 2013 with the finance division contributing $1.1bn to the total.

Safe and securitised

Mike Cobb examines global trends in portfolio leverage.

McLaren supercar £127K auction

British Car Auctions (BCA) has sold a 2012 registered McLaren MP4-12c supercar from its Blackbushe site as part of an auction of high-value and prestige cars.

Renault finance increases revenues in Q3

Renault’s sales financing unit RCI Banque contributed €515m (£441m) to Renault Group’s third-quarter revenues according to its quarterly statement.

Inchcape and Pendragon increase revenues

Car retailers Inchcape and Pendragon have both reported strong revenue growths across their dealer networks according to their third-quarter reports.

Car Loan 4U, Auto Trader celebrate anniversary

UK broker Car Loan 4U and classifieds website Auto Trader have celebrated a year working together to promote finance options to new and used car buyers.

iVendi joins calls for credit license checks

iVendi, the car finance technology provider, has joined calls for dealerships to check their finance sales compliance ahead of the introduction of Financial Conduct Authority (FCA) rule changes in 2014.