All articles by Saad Ahmed
Saad Ahmed
iVendi: Industry-recognised metrics needed to measure motor finance impact
A set of industry-recognised metrics are needed in order to help dealers measure the impact of motor finance, according to technology provider iVendi.
UK government considering diesel scrappage scheme to cut emissions
The UK government is considering introducing a scrappage scheme for diesel vehicles in a bid to cut emissions, according to news reports.
Daimler FS reaches 132.6bn contract volume
Daimler Financial Services has reported concluding 1.6m new financing and leasing contracts worth a total of 61.8bn at the end of the year in 2016, a 7% year-on-year increase by value.
Alphabet appoints Christmas as head of compliance
Fleet mobility provider Alphabet has appointed Leanne Christmas to lead its UK executive team as head of compliance.
Hitachi Capital acquires fleet provider Noordlease
Hitachi Capital has acquired Dutch fleet provider Noordlease, signing an agreement to purchase all outstanding shares and procedures for an undisclosed sum.
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Brexit: removal from customs union will affect motor finance, says UK govt.
Service industries, such as motor finance, may be indirectly affected by the UKs withdrawal from the Customs Union, according to the UK governments Brexit white paper.
Meridian: Fear of economic downturn will drive businesses towards medium-term rental
Growing caution among businesses is likely to lead to higher demand for medium term rental, according to Meridian Vehicle Solutions.
Majority of dealerships expect growth over next 12 months
UK dealerships are positive about the prospects for growth in 2017, with 65% of dealers expecting growth over the next year, according to a survey by Close Brothers Motor Finance.
iVendi: Rising car prices should prompt more effective motor finance promotion
A rise in car prices due to the weakness of the pound should spur dealers and manufacturers to promote their finance options more effectively, according to technology provider iVendi.
Sofico continues expansion by hiring 12 and planning Mexico office
Sofico has hired 12 employees to start in January 2017, continuing from its recruiting drive towards the end of 2016, and announced plans to open an office in Mexico.