COVER STORY
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Casting their net wide Contract hire and leasing companies are migrating systems and services online as the internet becomes an increasingly important route to market, ... August 07
Balancing the risksA new surge in personal insolvencies was recorded in Q1 2007. The number of UK residents going bust rose to a record 30,075 – which puts the year end ... July 07
Debt: There may be trouble aheadOn the surface all seems reasonably good for UK motor lenders. Finance & Leasing Association (FLA) members reported a fair start to 2007 although ... June 07
Cerberus is top dog in fight for automakerCerberus Capital Management has emerged victorious in the race to acquire Chrysler, paying DaimlerChrysler AG €5.5bn (£3.8bn) for an 80.1 per cent ... May 07
Weathering the storm?As consolidation continues apace amongst UK motor dealers attention is invariably focused on the well-known names which hit the headlines. When ... April 07
Holding up wellThere was a time when automotive lenders looked upon stocking finance (SF) as a necessary evil to obtain a dealer’s retail business. This is however ... March 07
Ford predicts more red ink in 2007In February came news that Ford had won a major solus deal to supply the 500-strong fleet of Reliance Security Group in the UK. The news, however ... February 07
Alternative fuelsGeneral Motors has fallen in line and “gone green”. At the North American International Auto Show in Detroit this month General Motors revealed its ... January 07
Scaling the debt mountainArrears trends in the UK economy over the next few months could be a key factor determining volume and demand in the motor vehicle market. Buoyant ... December 06
Association bosses stand down as dealer challenges loomMatthew Carrington, chief executive of the Retail Motor Industry Federation (RMIF) since 2002, left his post at the end of October. Keith Sayfritz, ... November 06
A life after fleet?Used vehicle re-marketing as a practice has been used by auction companies, manufacturers, dealers and motor lessors for some time. For the fleet ... October 06
All go on the eastern frontRussia has been the ‘next big thing’ in motor finance for some time now, with a seemingly endless stream of breathless reports in the press about the ... September 06
Fleet Survey 2006Motor Finance’s first survey of the UK fleet industry looks at the state of the market to find out what the future holds, as leading figures from the ... August 06
General Motors: Going… going…Ghosn?The executive boards of General Motors (GM) and Renault and Nissan have all agreed to engage in “exploratory discussions” with a view to examining ... July 06
Lex, HBOS: The 'superfleet' is bornUK financial services giant HBOS announced on 17 May that it has acquired the remaining 50 per cent of the share capital of Lex Vehicle Leasing (LVL) ... June 06
The traditional auction: Going, going, gone?The European vehicle auction market is changing at a dramatic rate. With players of all shapes and sizes and the relatively recent advent of the ... May 06
General Motors sells GMACGeneral Motors (GM) has finally divested itself of its controlling interest in wholly-owned financial services subsidiary General Motors Acceptance ... April 06
Major sub-prime launchBlue Motor Finance (Blue), an established Warrington-based brokerage is about to become a point-of-sale lender, with ambitions of capturing some ten ... March 06
The rise and rise of dieselsWith the inexorable rise in diesel company cars, there are questions for lessors as to what ultimate level of penetration they will achieve – and ... February 06
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The pink pound motors from strength to strength Motor lessors can stop giggling right now, since the boys (and girls) at GayCar Ltd mean business. Started unofficially in November last year, with a ... January 06
Will Reg finally enter the dragon’s lair?REG Vardy plc, the UK’s second largest car dealer group, looks set to be bought by its larger rival Pendragon plc. The seller’s share price soared ... December 05
Possible sale of GMAC to improve credit ratingGENERAL Motors Corporation (GM) is considering the sale of a controlling interest in General Motors Acceptance Corporation (GMAC), its wholly owned ... November 05
Insurance complaint brings sharp responsesTHE OFT has been requested to launch an investigation into the creditor insurance market which is estimated to have around 20m policies in force with ... October 05
Globally flexibleCHP Consulting wins HBOS Globalisation, standardisation, regulation and participation (closer relationships between business introducers and their ... September 05
Motor lenders must face the figuresArrears on the rise There were a few raised eyebrows earlier this year following the announcement by several UK banks that they were laying down ... August 05
The pressure mountsWHEN General Motors Acceptance Corporation and Ford Credit had their credit ratings cut to junk bond status by Standard and Poor’s in May, along with ... July 05
Dealer Profile: Essex Ford GroupMIGHTY oaks from little acorns grow, runs the 14th century English proverb. To you and me that means great things start with small beginnings. To ... July 05
To the rescueCAPITAL Bank Motor, the HBOS subsidiary which provided stocking finance for MG Rover dealers, agreed a new package of dealer support last month. This ... June 05
Finance Companies SurveyTHE market has been very testing in recent months, and indeed years, for many finance companies. The departure from the motor finance arena of names ... May 05
Why it was ring-fenced by bossesAS MG Rover headed towards meltdown and uncertainties surfaced concerning the opacity of the company’s finances, questions arose regarding the ... April 05
Rover dealers face bleak futureBEYOND the prospects for the 5,000 workers at Longbridge who have been made redundant by the collapse of Britain’s last volume car manufacturer, the ... April 05
Transforming your credit decisionsSome 20 years ago manual credit risk assessments were commonplace and credit scoring was in its infancy. Since then the financial services industry ... March 05
Safely locked?THIS February it emerged that Bank of America had lost the tapes containing personal financial information for 1.2 million accounts of US government ... March 05
Dark days ahead?THESE are troubled times at General Motors. In recent months, the world’s largest motor company has been embroiled in a bitter dispute with Fiat, ... February 05
Stop! I’m a consumerTHE long-awaited Consumer Credit Bill was put before parliament just before Christmas. The delay has resulted from the government’s protracted review ... January 05
UK motor lenders fight backINCIDENTS of fraudsters assuming the identities of dead people have rocketed in recent months according to the latest survey by the UK’s fraud ... January 05
Last minute rushIT is now only a matter of weeks until the European Union’s insurance mediation directive comes into force on 14 January in the UK, making it a ... December 04
New UK enforcement law a step closer but years awayThe UK Lord Chancellor’s Department (LCD) enforcement review (ER) began on March 25, 1998 when the Lord Chancellor (LC), Lord Irvine, announced a ... May 03
Car lenders haemorrhaging from serious woundDuring 2002, virtually 2% of hire-purchase (HP) agreements on cars in the UK were voluntarily terminated. This represented an increase of nearly 30% ... April 03
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