Call for fleets to take lead on climate change

Companies are being urged to use fleet policy as a vital weapon against climate change to slash greenhouse gas emissions by millions of tonnes. The call comes as analysis of more than 500,000 vehicles across 32 countries operated by global leasing giant LeasePlan shows carbon dioxide emissions rose in the past 12 months for the first time in four years.

Call for fleets to take lead on climate change

Jan 16, 2018

Companies are being urged to use fleet policy as a vital weapon against climate change to slash greenhouse gas emissions by millions of tonnes. The call comes as analysis of more than 500,000 vehicles across 32 countries operated by global leasing giant LeasePlan shows carbon dioxide emissions rose in the past 12 months for the first time in four years.

Falcon Group appoints Steve Box to lead growth

Specialist financier Falcon Group has appointed Steve Box, former Bibby Financial Services’ CEO and HSBC veteran, as head of business development for the UK and Europe. Box will be responsible for leading Falcon’s expansion in the UK and European markets and brings more than 38 years of experience in financial services – in particular, receivables, asset-based lending, supply chain finance and trade finance.

Falcon Group appoints Steve Box to lead growth

Jan 16, 2018

Specialist financier Falcon Group has appointed Steve Box, former Bibby Financial Services’ CEO and HSBC veteran, as head of business development for the UK and Europe. Box will be responsible for leading Falcon’s expansion in the UK and European markets and brings more than 38 years of experience in financial services – in particular, receivables, asset-based lending, supply chain finance and trade finance.

Nissan Canada Finance warns 1.1m customers of data breach

Nissan Canada Finance (NCF) is notifying all its current and past vehicle finance customers that it has been the victim of a data breach that may have involved personal information. The breach affects customers that have financed their vehicles through Nissan Canada Finance and Infiniti Financial Services Canada. It says that, at this time, there is no indication that customers who financed vehicles outside of Canada are affected. In addition, no payment card information was affected.

Nissan Canada Finance warns 1.1m customers of data breach

Jan 16, 2018

Nissan Canada Finance (NCF) is notifying all its current and past vehicle finance customers that it has been the victim of a data breach that may have involved personal information. The breach affects customers that have financed their vehicles through Nissan Canada Finance and Infiniti Financial Services Canada. It says that, at this time, there is no indication that customers who financed vehicles outside of Canada are affected. In addition, no payment card information was affected.

Invigors appoints network member for Ireland

Asset Finance consulting and services partnership Invigors EMEA, the European arm of The Alta Group, has appointed Kieran O’Brien as network member for Ireland. The move strengthens Invigors’ vendor and captive finance team in Europe to support clients in the fast-changing leasing and asset finance market both in Ireland and across Europe.

Invigors appoints network member for Ireland

Jan 16, 2018

Asset Finance consulting and services partnership Invigors EMEA, the European arm of The Alta Group, has appointed Kieran O’Brien as network member for Ireland. The move strengthens Invigors’ vendor and captive finance team in Europe to support clients in the fast-changing leasing and asset finance market both in Ireland and across Europe.

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Auto dealerships will become marketing hubs as finance goes online

What is the evolution of car dealerships? The owners of car lots may argue their place is essential in the supply chain, but they have actually been proving the online model for years, as much of their wholesale stock is now sourced via online channels, either direct through supplier portals or through online auctions. The logical next step is for consumers to follow in their online footsteps and embrace digital purchasing and finance channels, a process which is being pioneered by digital car retailer Rockar. Rockar founder Simon Dixon outlines his vision for the future in this video, provided courtesy of White Clarke Group.

Auto dealerships will become marketing hubs as finance goes online

Dec 07, 2017

What is the evolution of car dealerships? The owners of car lots may argue their place is essential in the supply chain, but they have actually been proving the online model for years, as much of their wholesale stock is now sourced via online channels, either direct through supplier portals or through online auctions. The logical next step is for consumers to follow in their online footsteps and embrace digital purchasing and finance channels, a process which is being pioneered by digital car retailer Rockar. Rockar founder Simon Dixon outlines his vision for the future in this video, provided courtesy of White Clarke Group.

 

Innovative car sales and finance website goes live

Dealer-driven classified car sales service findandfundmycar.com has gone live, backed by a multi-million pound marketing programme. The brand will be led by business head Phil Morgan, who was part of the team that established GoCompare as a leading name in the UK market. He will direct a campaign across satellite and terrestrial TV, radio and external marketing throughout the UK.

Innovative car sales and finance website goes live

Jan 15, 2018

Dealer-driven classified car sales service findandfundmycar.com has gone live, backed by a multi-million pound marketing programme. The brand will be led by business head Phil Morgan, who was part of the team that established GoCompare as a leading name in the UK market. He will direct a campaign across satellite and terrestrial TV, radio and external marketing throughout the UK.

BCA Partner Finance hits new record

BCA Partner Finance has reported record demand in 2017 with funding provided for more than 100,000 vehicles. The business finance arm of remarketing giant BCA has grown rapidly and now supports 1,200 customers with finance facilities for used vehicle stocking.

BCA Partner Finance hits new record

Jan 15, 2018

BCA Partner Finance has reported record demand in 2017 with funding provided for more than 100,000 vehicles. The business finance arm of remarketing giant BCA has grown rapidly and now supports 1,200 customers with finance facilities for used vehicle stocking.

New managing director for Vauxhall Motors

Stephen Norman has been appointed managing director of Vauxhall Motors and Opel Ireland as it targets growth under the ownership of PSA Group. He will report to Peter Christian Kuespert, sales, marketing and aftersales managing director of Opel/Vauxhall. Norman joined PSA Group in 2014 as chief marketing officer and was appointed senior vice-president, chief sales and marketing officer, in 2016.

New managing director for Vauxhall Motors

Jan 12, 2018

Stephen Norman has been appointed managing director of Vauxhall Motors and Opel Ireland as it targets growth under the ownership of PSA Group. He will report to Peter Christian Kuespert, sales, marketing and aftersales managing director of Opel/Vauxhall. Norman joined PSA Group in 2014 as chief marketing officer and was appointed senior vice-president, chief sales and marketing officer, in 2016.

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Why open banking creates a new landscape for asset finance

A new era in finance has started as the deadline passes for major banks to comply with new open banking legislation that promises to revolutionise consumer and business funding. In truth, the revolution has started with a whimper rather than a bang, as many of the major banks have secured an extension beyond the January 13 deadline for the new regulations, but over the long-term, it has the potential to change how businesses and consumers source finance.

Why open banking creates a new landscape for asset finance

Jan 11, 2018

A new era in finance has started as the deadline passes for major banks to comply with new open banking legislation that promises to revolutionise consumer and business funding. In truth, the revolution has started with a whimper rather than a bang, as many of the major banks have secured an extension beyond the January 13 deadline for the new regulations, but over the long-term, it has the potential to change how businesses and consumers source finance.

Bibby Financial Services appoints head of specialist division

Bibby Financial Services has appointed Kash Ahmad as UK specialist director as it looks to grow its support for businesses. Ahmad has more than 25 years’ experience in the financial services sector, having held senior executive positions throughout the UK, Middle East and Asia.

Bibby Financial Services appoints head of specialist division

Jan 12, 2018

Bibby Financial Services has appointed Kash Ahmad as UK specialist director as it looks to grow its support for businesses. Ahmad has more than 25 years’ experience in the financial services sector, having held senior executive positions throughout the UK, Middle East and Asia.

White Clarke Group makes strategic US appointment

White Clarke Group, the global finance technology provider, has appointed Heather Slyman as vice-president of business development for North America. Slyman spent her early career with Boeing as a programmer before joining mortgage lender SouthStar and then leading business development for a Credit Union Service Organization, while she also has extensive experience in the finance software sector.

White Clarke Group makes strategic US appointment

Jan 12, 2018

White Clarke Group, the global finance technology provider, has appointed Heather Slyman as vice-president of business development for North America. Slyman spent her early career with Boeing as a programmer before joining mortgage lender SouthStar and then leading business development for a Credit Union Service Organization, while she also has extensive experience in the finance software sector.

New head of finance for cap hpi

Automotive data expert cap hpi has promoted James Pass to the role of head of finance (sales). Pass originally joined the business in 2013 as a key account manager, having spent seven years in the banking sector. In his new role, he will lead the finance sector team and assist with the continued expansion of the business. He will report directly to John Dennis, UK sales director.

New head of finance for cap hpi

Jan 12, 2018

Automotive data expert cap hpi has promoted James Pass to the role of head of finance (sales). Pass originally joined the business in 2013 as a key account manager, having spent seven years in the banking sector. In his new role, he will lead the finance sector team and assist with the continued expansion of the business. He will report directly to John Dennis, UK sales director.

 

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Sopra plans growth after integrating Cassiopae

Sopra Banking Software has announced that it has successfully integrated financing software company Cassiopae into the business. In February 2016, Sopra Steria Group announced a merger with Cassiopae, via its subsidiary Sopra Banking Software, then in January 2017 the group increased its stake in Cassiopae to 100%. Cassiopae offers financing software specialised in auto, equipment, and real estate financing, as well as consumer and corporate loans.

Sopra plans growth after integrating Cassiopae

Jan 12, 2018

Sopra Banking Software has announced that it has successfully integrated financing software company Cassiopae into the business. In February 2016, Sopra Steria Group announced a merger with Cassiopae, via its subsidiary Sopra Banking Software, then in January 2017 the group increased its stake in Cassiopae to 100%. Cassiopae offers financing software specialised in auto, equipment, and real estate financing, as well as consumer and corporate loans.

Used cars drive UK auto finance growth as new car demand falls

Used cars are increasingly taking the lead in the auto finance market as the UK new car market struggles. New figures released by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new car finance market fell by 8% in November 2017, compared with the same month a year ago. For the 12 months to the end of November, the number of new cars bought on finance by FLA members fell 7% year-on-year.

Used cars drive UK auto finance growth as new car demand falls

Jan 11, 2018

Used cars are increasingly taking the lead in the auto finance market as the UK new car market struggles. New figures released by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new car finance market fell by 8% in November 2017, compared with the same month a year ago. For the 12 months to the end of November, the number of new cars bought on finance by FLA members fell 7% year-on-year.

UK motor industry stalwart Bryan Phillimore dies

Well-known industry figure Bryan Phillimore, the former managing director of UK motor industry consultancy Aplin Phillimore Associates (APA), has died following a lengthy illness. Phillimore worked with former chairman Tony Aplin to build APA and The Network Group into two of the largest management consultancies seen in the UK retail motor industry, during a 20-year period leading up to the turn of the millennium.

UK motor industry stalwart Bryan Phillimore dies

Jan 11, 2018

Well-known industry figure Bryan Phillimore, the former managing director of UK motor industry consultancy Aplin Phillimore Associates (APA), has died following a lengthy illness. Phillimore worked with former chairman Tony Aplin to build APA and The Network Group into two of the largest management consultancies seen in the UK retail motor industry, during a 20-year period leading up to the turn of the millennium.

UK asset finance new business holds steady

The UK asset finance market has maintained a full-year growth rate of 4% as latest figures show the market held steady during November 2017. New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) in November was £2.5 billion, a similar level to the same month in 2016.

UK asset finance new business holds steady

Jan 11, 2018

The UK asset finance market has maintained a full-year growth rate of 4% as latest figures show the market held steady during November 2017. New figures released today by the Finance & Leasing Association (FLA) show that asset finance new business (primarily leasing and hire purchase) in November was £2.5 billion, a similar level to the same month in 2016.

Aston Barclay prepares for growth with new senior appointments

Aston Barclay has strengthened its senior management team with appointments including Ray Sommerville, who joins as non-executive director and strategy advisor. Sommerville was managing director and group chief executive of Perrys Group for 16 years and currently holds non-executive positions at GardX and Now Motor Retailing, trading as Now Vauxhall. He was also a non-executive director at Cox Automotive.

Aston Barclay prepares for growth with new senior appointments

Jan 11, 2018

Aston Barclay has strengthened its senior management team with appointments including Ray Sommerville, who joins as non-executive director and strategy advisor. Sommerville was managing director and group chief executive of Perrys Group for 16 years and currently holds non-executive positions at GardX and Now Motor Retailing, trading as Now Vauxhall. He was also a non-executive director at Cox Automotive.

British Business Bank and Simply Asset Finance in £60m SME deal

The British Business Bank is providing a £60 million facility to Simply Asset Finance to increase its funding to SMEs. The transaction is the sixth made under the Bank’s ENABLE Funding programme, which aims to increase the supply of leasing and asset finance to UK SMEs.

British Business Bank and Simply Asset Finance in £60m SME deal

Jan 11, 2018

The British Business Bank is providing a £60 million facility to Simply Asset Finance to increase its funding to SMEs. The transaction is the sixth made under the Bank’s ENABLE Funding programme, which aims to increase the supply of leasing and asset finance to UK SMEs.

Used vehicle stock funding market set to double

The UK used vehicle stock funding market will at least double in the next three to four years, adding more than £1 billion of extra capital to the sector, according to NextGear Capital. The financing arm of Cox Automotive predicts that demand will continue to grow as the market is currently underserved, a factor which has driven NextGear Capital’s own rapid growth. Since launch, the finance company has funded around 200,000 vehicles and currently finances more than 15,000 vehicles.

Used vehicle stock funding market set to double

Jan 11, 2018

The UK used vehicle stock funding market will at least double in the next three to four years, adding more than £1 billion of extra capital to the sector, according to NextGear Capital. The financing arm of Cox Automotive predicts that demand will continue to grow as the market is currently underserved, a factor which has driven NextGear Capital’s own rapid growth. Since launch, the finance company has funded around 200,000 vehicles and currently finances more than 15,000 vehicles.

New director to strengthen SsangYong Financial Services

The parent company of SsangYong Motor UK, Bassadone Automotive Group, has appointed John Chisholm as director, financial services. In this newly-created position, Chisholm will be responsible for managing the group’s provision of financial services across Europe, and particularly for SsangYong in the UK.

New director to strengthen SsangYong Financial Services

Jan 10, 2018

The parent company of SsangYong Motor UK, Bassadone Automotive Group, has appointed John Chisholm as director, financial services. In this newly-created position, Chisholm will be responsible for managing the group’s provision of financial services across Europe, and particularly for SsangYong in the UK.

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VWFS Mexico selects Miles platform from Sofico

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