Contract news

ALD Automotive signs MoU in €4.9bn LeasePlan acquisition

ALD Automotive has signed a memorandum of understanding (MoU) to acquire 100% of LeasePlan for a total sum of €4.9bn.…

Blue Motor Finance adds Standard Chartered & Schroders to platform

Blue Motor Finance has completed a syndication of part of its existing £300m forward flow transaction to Standard Chartered Bank…

Shire Leasing to provide finance for Manchester’s CAZ support scheme

Shire Leasing has been appointed as a funder for Greater Manchester’s Clean Air Zone financial support scheme (FSS). Eligible applicants…

Cazoo targets European expansion with €30m Swipcar acquisition

Online car retailer Cazoo has confirmed the acquisition of Swipcar, a consumer car subscription platform based in Spain. Cazoo acquired…

Moneybarn implements Open Banking solution from Credit Kudos

Moneybarn has implemented an Open Banking solution from Credit Kudos, with a view of improving its lending decision-making process. The…

BVRLA quarterly survey shows improved emissions for fleet

The fleet sector saw an year-in-year reduction in average emissions levels in the second quarter of 2018, contrasting the wider…

Caterham Cars receives £1.15m funding from Santander

Santander Corporate & Commercial has provided £1.15m funding for Caterham Cars, the Dartford-based light sports car manufacturer. The funding line…

BMW UK, Alphabet agree de-fleet contract with BCA

BMW UK and fleet leasing subsidiary Alphabet have agreed a de-fleeting and stock management partnership with British Car Auctions (BCA),…

JLR adopts Leaselink platform for public sector fleet sales

Jaguar Land Rover (JLR) UK has selected Ebbon-Dacs’ e-procurement platform, Leaselink, to handle direct sales to fleet operators in the…

ALD and Mazda partner for leasing in the Netherlands

Societe Generale's ALD Automotive has partnered with Mazda to provide consumer and commercial car leasing in the Netherlands. From June…

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