All articles by Saad Ahmed

Saad Ahmed

Synergy Automotive partners with Quotevine for online trading platform

Synergy Automotive has partnered with automotive solutions provider Quotevine to launch an online business trading platform.

Cap hpi: 2016 results to show record used volumes of 7.7m

Automotive data provider cap hpi has predicted record used car sales for 2016, following strong demand throughout the year.

Volvo raises SEK5bn in step toward potential IPO

Volvo Cars has raised SEK5bn (£443.7m) from selling shares to Swedish institutional investors, as it gears up towards a potential initial public offering (IPO).

Ignition appoints Bossom as broker manager

Vehicle and asset finance provider Ignition has appointed Mike Bossom as broker manager, as it continues to expand its team.

Average used car values slip 1.6% in December

The average value of a used car declined by 1.6% at three years and 60,000 miles in December, according to automotive data provider cap hpi, falling less than the 1.8% seen at the same point last year.

Ryder refreshes UK website

Fleet operator Ryder has launched a new website, aiming it to be more ‘closely focused’ on its UK customers.

JATO: European car registrations rise 7.1% YTD to 13.9m

Registrations in the European car market rose by 6.8% in the year to date to reach 13,937,399 units, according to statistics provider JATO Dynamics.

Daimler portfolio value passes €125bn as vehicles exceed 4 million

Daimler Financial Services has seen its portfolio exceed €125bn (£105.2bn) as it boosted the number of vehicles under contract to more than 4 million.

Telematics leads to convictions in £1.1m ‘cash for crash’ scam

Perpetrators of a £1.1m ‘cash for crash’ scam were successfully convicted with the help of telematics data.

BCA: Black cars 26% of used market

Black is the most popular colour for buyers of used cars, representing 26% of those sold in 2016, according to BCA.