All articles by Saad Ahmed

Saad Ahmed

Half of drivers find motor finance agreements complicated

Half of drivers find vehicle finance agreements to be complicated and difficult to understand, according to research from Intelligent Environments.

International criminals using false identification to steal high-performance cars from vehicle lessors

International crime groups are targeting UK-based car lessors in an attempt to obtain high-performance vehicles fraudulently, according to the National Fraud Intelligence Bureau (NFIB).

Close Brothers Motor Finance shows little growth so far in 2017

Close Brothers Motor Finance saw little growth in their loan book for motor finance, with an increase of just 0.8% year-on-year to £1.72bn in January 2017, according to its preliminary half year results.

FCA Group’s European sales up 8.7% year-on-year

Fiat Chrysler Automobiles (FCA) saw its European sales increase 8.7% year-on-year to 88,000 vehicles, and increased its market share to 7.9%.

ALD Automotive appoints Bellemere as deputy CEO

ALD Automotive has appointed Gilles Bellemere as deputy chief executive officer, replacing Pascal Serres, who has joined Societe Generale.

ACEA: February passenger car registrations up 2.2% to 1m

New passenger car registrations in the EU have risen by 2.2% year-on-year in February to reach 1,078,503 units, according to the European Automobile Manufacturers Association (ACEA).

RAC Dealer Network used car sales up 10% in 2017

Sales of used cars through the RAC Dealer Network have risen 10% by volume in 2017 so far.

Lords tell government to take action to ensure UK benefits from autonomous cars

The House of Lords Science and Technology Committee has told the UK government that it needs to take action to ensure the UK benefits from the rise of connected and autonomous vehicles (CAV).

Equiniti International Payments hires six across business

Payments provider Equiniti International Payments has hired six across its business.

Evolution Funding launches two new websites

Car finance broker Evolution Funding has launched new dealer and group websites, which it says will better reflect the group’s multiple arms.