All articles by Saad Ahmed

Saad Ahmed

Maxxia boosts UK presence with Eurodrive acquisition

Asset finance provider Maxxia UK has acquired Newcastle-based point-of-sale car finance broker Eurodrive Motor Finance in a bid to extend its UK presence.

Nissan: Autonomous cars to add €17tn to European GDP by 2050

Autonomous driving could contribute €17tn (£14.4tn) to the European economy by the year 2050, according to a report commissioned by Nissan.

Startline: Economic uncertainty means time for dealer ‘rethink’

Startline Motor Finance has urged motor dealers to rethink their offerings due to changing economic conditions and uncertainty, citing the results of the EU referendum and the changing nature of employment as reasons for a new approach.

Carmakers collaborate for high-powered EV charging network in Europe

BMW, Daimler, Ford, Volkswagen, Audi and Porsche have signed a ‘memorandum of understanding’ in a joint venture to create the highest-powered charging network in Europe.

Alphabet updates SME vehicle leasing platform

Fleet mobility provider Alphabet has begun the next development phase for its ‘icon’ vehicle leasing platform.

BDL: Vehicle finance drives 75% of German leasing

Vehicle finance was responsible for 75% of the record €64.2bn (£54.9bn) of new leasing business in Germany in 2016, according to the Federal Association of German Leasing (BDL).

Cap hpi: Car values down 2% in November

Overall values of cars at three years and 60,000 miles fell by 2% in November, according to cap hpi, a lower fall than the 2.6% that occurred in December 2015.

iVendi appoints Severs VP data and insight

Technology provider iVendi has appointed Rob Severs as vice president data and insight.

Volvo to launch concierge service

Volvo is to launch a concierge service for its customers, offering services such as cleaning and refuelling.

Lankey becomes interim chief executive at the NACFB

The National Association of Commercial Finance Brokers (NACFB) has appointed Rob Lankey interim chief executive officer, effective immediately.