All articles by Saad Ahmed

Saad Ahmed

Tootle appoints Buckley as head of products and partnerships

The online dealer vehicle sourcing platform tootle.co.uk has appointed Amy Buckley as head of product and partnerships.

FCA orders Motormile Finance to pay customers £154,000

Motormile Finance (MMF) has agreed to pay customers £154,000 in redress and write off hundreds of millions worth of debt due to failures in its due diligence and collections process, according to the Financial Conduct Authority (FCA).

House of Lords told FCA customer fairness rules vague and unenforceable

A House of Lords committee on financial exclusion has been told that the Financial Conduct Authority (FCA) rules regarding customer fairness are too vague, and can’t be effectively enforced.

Motors.co.uk: Plummeting pound boosts European car searches

The falling value of the pound has boosted the volume of UK-advertised cars being purchased from European customers, according to Motors.co.uk.

Cap hpi: Nearly-new values down 2.5% in October as ‘market begins to slow’

The used values for nearly new city cars fell by 2.5% at six months and 5,000 miles in October, according to cap hpi.

Tyler to stand down as NACFB chief

Adam Tyler will stand down as chief executive of the National Association of Commercial Finance Brokers (NACFB) after 11 years.

Ford profits slump 55% in Q3

Ford saw its profits fall by $1.7bn (£1.4bn) in the third quarter of 2016.

Renault revenues up 13% in Q3

Renault has reported €10.5bn (£) in revenue in the third quarter of 2016 for a 13% year-on-year increase.

VW profits see double digit growth

Volkswagen Group achieved profits of €11.3bn (£10.1bn) in the first nine months of 2016, a 10.5% (1.1bn) increase on the same period in 2015, before special items are accounted for.

GM faces $400m lost revenue due to Brexit sterling slide

General Motors (GM) has stated that it faces a $400m (€366.3m) drop in revenue due to the fall in the value of pound sterling following Brexit, according to various reports.