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Motor Finance

Obituary: Leyton Cooper

ACF Car Finance has announced the death of divisional group buying manager Leyton Cooper, aged 35.

And finally. Dear Diary: the year in motor finance

As Christmas approaches it brings with it two important things: The end of a year in car finance full of regulation nerves, combative F&I figures, and ambitious business plans and the need for three editorial staffers to drink whiskey while they review 2011. In an upper room near Farringdon, away from the scrum of shopping bags and honking cabs below, over several single malts, Editor Fred Crawley, Assistant Editor Richard Brown and Grant Collinson of sister publication Leasing Life shared their takes on the biggest stories of the year.

New BMW boss Kalinke outlines vision

Multi-make finance and the ability to sell direct to the consumer were among the strategies laid out by BMW Group Financial Services CEO Christian Kalinke, when presenting his vision of the companys future to FLA convention delegates.

Motor month: August 2010

The July market for new cars slowed as expected, with registrations falling 13.2% (20,703) following 12 successive monthly rises The market remains up 15.1% over the first seven months of 2010 compared to 2009 The Society of Motor Manufacturers and Traders (SMMT) expects the 2010 new car market to reach 2.018m units, 1.2% above 2009 market.

New accounting rules fail to keep it simple

New lease accounting proposals have sparked disquiet among lessors who claim they could have a negative impact on business. However the British Vehicle Rental Leasing Association (BVRLA) said its members were well placed to adapt their business models.