ALD Automotive passes the 1.3 million vehicle worldwide mark and wins Netherlands accolade as its chief executive is set for keynote fleet leasing speech

ALD Automotive, the subsidiary of the Société Générale Group, has already posted a growth of more than 100,000 leasing contracts this year, equivalent to the yearly growth already achieved in 2014 and 2015.

ALD Automotive passes the 1.3 million vehicle worldwide mark and wins Netherlands accolade as its chief executive is set for keynote fleet leasing speech

Sep 27, 2016

ALD Automotive, the subsidiary of the Société Générale Group, has already posted a growth of more than 100,000 leasing contracts this year, equivalent to the yearly growth already achieved in 2014 and 2015.

Global aircraft leasing growing on low rates and rising air traffic

Aircraft lessors around the world continue to benefit from increased air travel, strong airline profitability, low interest rates and generally accessible funding markets. Fitch Ratings' latest Aircraft Leasing Sector Review reports, however, these variables are cyclical in nature or prone to temporary disruption, limiting the potential for accompanying positive rating actions.

Global aircraft leasing growing on low rates and rising air traffic

Sep 26, 2016

Aircraft lessors around the world continue to benefit from increased air travel, strong airline profitability, low interest rates and generally accessible funding markets. Fitch Ratings' latest Aircraft Leasing Sector Review reports, however, these variables are cyclical in nature or prone to temporary disruption, limiting the potential for accompanying positive rating actions.

Henk Uunk confronts the challenges for practitioners in relating the new lease accounting standards

Despite specific guidelines on disclosures in the International Financial Reporting Standard IFRS 16 Leases, quite a number of industry players are struggling how to tell the financial world about the disclosed information.

Henk Uunk confronts the challenges for practitioners in relating the new lease accounting standards

Sep 27, 2016

Despite specific guidelines on disclosures in the International Financial Reporting Standard IFRS 16 Leases, quite a number of industry players are struggling how to tell the financial world about the disclosed information.

Five startups chosen to enter the BMW Group Financial Services Innovation Lab

BMW Group Financial Services has announced the five startups selected to join its Innovation Lab, the first-ever fintech business incubator in the automotive sector.

Five startups chosen to enter the BMW Group Financial Services Innovation Lab

Sep 26, 2016

BMW Group Financial Services has announced the five startups selected to join its Innovation Lab, the first-ever fintech business incubator in the automotive sector.

GE Capital restructures legal team and moves centre of legal operations to UK

GE Capital has restructured its senior legal team and moved the centre of its legal operations from New York to London.

GE Capital restructures legal team and moves centre of legal operations to UK

Sep 26, 2016

GE Capital has restructured its senior legal team and moved the centre of its legal operations from New York to London.

BCA appoints new European operations director and chief commercial officer

BCA is continuing its expansion plans in Europe with the appointment of Bertrand de Techtermann (pictured above) into the new role of European operations director. He brings with him a wealth of experience gained over 17 years in the automotive industry and finished vehicles logistics, most recently at logistics group Gefco, where he set up its Algerian business.

BCA appoints new European operations director and chief commercial officer

Sep 26, 2016

BCA is continuing its expansion plans in Europe with the appointment of Bertrand de Techtermann (pictured above) into the new role of European operations director. He brings with him a wealth of experience gained over 17 years in the automotive industry and finished vehicles logistics, most recently at logistics group Gefco, where he set up its Algerian business.

Orto: Next generation sharing of sports cars

Elon Musk suggested recently that in twenty years’ time owning a car will be like owning a horse – something people will only do for sentimental reasons. New web-enabled car sharing models it seems are set to take over. The car sharing market is currently estimated at $1.1bn and is set to grow over the next ten years by over 400%. Josh Darling, co-founder of Orto is attempting to catch a portion of that market offering co-leasing opportunities for enthusiasts who want to experience a luxury sports car but don’t want the headaches and costs associated with ownership or sole leasing.

Orto: Next generation sharing of sports cars

Sep 12, 2016

Elon Musk suggested recently that in twenty years’ time owning a car will be like owning a horse – something people will only do for sentimental reasons. New web-enabled car sharing models it seems are set to take over. The car sharing market is currently estimated at $1.1bn and is set to grow over the next ten years by over 400%. Josh Darling, co-founder of Orto is attempting to catch a portion of that market offering co-leasing opportunities for enthusiasts who want to experience a luxury sports car but don’t want the headaches and costs associated with ownership or sole leasing.

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New qualification launched for UK Asset Finance industry

The London Institute of Banking & Finance has launched a new qualification for professionals working in the asset finance industry, in association with the Finance and Leasing Association (FLA).

New qualification launched for UK Asset Finance industry

Sep 26, 2016

The London Institute of Banking & Finance has launched a new qualification for professionals working in the asset finance industry, in association with the Finance and Leasing Association (FLA).

Christopher Burke explores why the financial services sector struggles to keep top female talent – and what can be done about it

A higher number of women than men begin their careers in the financial services (FS) sector. Two-thirds of recruits are female, but this drops to 33% at middle management level and 18% in senior management positions. In fact, the extent to which FS fails to retain women may be worse than initially thought. According to the FS Forum, 30% female board representation will still not be reached in 30 years’ time at current rates.

Christopher Burke explores why the financial services sector struggles to keep top female talent – and what can be done about it

Sep 26, 2016

A higher number of women than men begin their careers in the financial services (FS) sector. Two-thirds of recruits are female, but this drops to 33% at middle management level and 18% in senior management positions. In fact, the extent to which FS fails to retain women may be worse than initially thought. According to the FS Forum, 30% female board representation will still not be reached in 30 years’ time at current rates.

Upswing in online used car sales continues after ‘bumpy’ post-referendum trading period reports BuyaCar

Used car sales in the UK have risen substantially in the last six weeks – apparently bringing the ‘bumpy’ post-referendum trading period to an end – according to online motor retail platform BuyaCar.co.uk.

Upswing in online used car sales continues after ‘bumpy’ post-referendum trading period reports BuyaCar

Sep 26, 2016

Used car sales in the UK have risen substantially in the last six weeks – apparently bringing the ‘bumpy’ post-referendum trading period to an end – according to online motor retail platform BuyaCar.co.uk.

US moves to regulate self-driving cars

Last week the US unveiled a sweeping new regulatory framework for the unexpectedly rapid rise of self-driving automobile technology, just days after Uber broke ground with its first driverless taxis.

US moves to regulate self-driving cars

Sep 26, 2016

Last week the US unveiled a sweeping new regulatory framework for the unexpectedly rapid rise of self-driving automobile technology, just days after Uber broke ground with its first driverless taxis.


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Fleet Alliance extends fleet policy with more ULEVs

Leasing and fleet management specialist, Fleet Alliance has extended the company car policy for its own staff to provide a greater choice of ultra low emission vehicles (ULEVs) for employees, adding two hybrids and a pure electric vehicle to the list as part of its commitment to encouraging green motoring wherever possible.

Fleet Alliance extends fleet policy with more ULEVs

Sep 22, 2016

Leasing and fleet management specialist, Fleet Alliance has extended the company car policy for its own staff to provide a greater choice of ultra low emission vehicles (ULEVs) for employees, adding two hybrids and a pure electric vehicle to the list as part of its commitment to encouraging green motoring wherever possible.

Dealers need to up their game in multi-channel retailing

Motor retailers need to up their efforts to create a more mobile-friendly shopping experience if they are to unlock their share of a potential £7.8 billion in additional sales this year, according to financial technology specialists Codeweavers.

Dealers need to up their game in multi-channel retailing

Sep 22, 2016

Motor retailers need to up their efforts to create a more mobile-friendly shopping experience if they are to unlock their share of a potential £7.8 billion in additional sales this year, according to financial technology specialists Codeweavers.

Fleet Logistics goes live in Latin and Central America

Fleet Logistics has gone live in Latin and Central America with global agri-business Syngenta, and is now managing a fleet of around 1,600 vehicles in eight countries, with plans to build up its presence across the region longer-term.

Fleet Logistics goes live in Latin and Central America

Sep 21, 2016

Fleet Logistics has gone live in Latin and Central America with global agri-business Syngenta, and is now managing a fleet of around 1,600 vehicles in eight countries, with plans to build up its presence across the region longer-term.

LeasePlan rebrands in-house insurance company to reflect integrated service vision

LeasePlan has rebranded its in-house motor insurance company as LeasePlan Insurance to reflect the benefits of an integrated approach, citing new research which indicates that combining fleet insurance with fleet management can produce savings of up to €250 per vehicle per year.

LeasePlan rebrands in-house insurance company to reflect integrated service vision

Sep 21, 2016

LeasePlan has rebranded its in-house motor insurance company as LeasePlan Insurance to reflect the benefits of an integrated approach, citing new research which indicates that combining fleet insurance with fleet management can produce savings of up to €250 per vehicle per year.

Lesley Rolfe is Aldermore’s new head of asset finance

Specialist SME lender Aldermore has appointed Lesley Rolfe (née Baker) as head of asset finance operations, a key strategic role within the bank's business finance team. She joins with over 16 years of asset finance experience, having held a number of senior positions at Barclays, including head of asset finance and invoice finance operations, as well as roles in sales support and customer services.

Lesley Rolfe is Aldermore’s new head of asset finance

Sep 21, 2016

Specialist SME lender Aldermore has appointed Lesley Rolfe (née Baker) as head of asset finance operations, a key strategic role within the bank's business finance team. She joins with over 16 years of asset finance experience, having held a number of senior positions at Barclays, including head of asset finance and invoice finance operations, as well as roles in sales support and customer services.

Two new business development managers for United Trust Bank

United Trust Bank (UTB) has appointed two business development managers (BDMs) as it continues to grow its “broker only” asset finance business. Klara Hanrahan and Kevin Bristow will be responsible for developing new broker relationships in the south of England whilst also maintaining the bank’s existing broker network. Both will report to UTB's head of sales - asset finance, Keith Sangwin.

Two new business development managers for United Trust Bank

Sep 21, 2016

United Trust Bank (UTB) has appointed two business development managers (BDMs) as it continues to grow its “broker only” asset finance business. Klara Hanrahan and Kevin Bristow will be responsible for developing new broker relationships in the south of England whilst also maintaining the bank’s existing broker network. Both will report to UTB's head of sales - asset finance, Keith Sangwin.

LeasePlan appoints Tex Gunning as CEO and Marco van Kalleveen as COO as Vahid Daemi steps down

LeasePlan Corporation, the world’s largest fleet management and driver mobility company, has appointed of a new chief executive officer, Tex Gunning (pictured above), and a new chief operating officer, Marco van Kalleveen (pictured below).

LeasePlan appoints Tex Gunning as CEO and Marco van Kalleveen as COO as Vahid Daemi steps down

Sep 16, 2016

LeasePlan Corporation, the world’s largest fleet management and driver mobility company, has appointed of a new chief executive officer, Tex Gunning (pictured above), and a new chief operating officer, Marco van Kalleveen (pictured below).

CHP Consulting announces senior organisational changes

CHP Consulting, provider of ALFA Systems, the software platform of choice for leading asset finance providers worldwide, has revealed a number of changes to its structure and operations in order to support its continued international growth.

CHP Consulting announces senior organisational changes

Sep 16, 2016

CHP Consulting, provider of ALFA Systems, the software platform of choice for leading asset finance providers worldwide, has revealed a number of changes to its structure and operations in order to support its continued international growth.

New head appointed at car2go

Olivier Reppert is to take over as CEO of car2go on October 1, 2016. The 42-year old succeeds Roland Keppler, who is moving to Tuifly. Reppert was previously the head of brand and product management for smart.

New head appointed at car2go

Sep 16, 2016

Olivier Reppert is to take over as CEO of car2go on October 1, 2016. The 42-year old succeeds Roland Keppler, who is moving to Tuifly. Reppert was previously the head of brand and product management for smart.

John Mulheron predicts that “Apple Tax” is just the beginning as EU squares up to multinationals

The gloves are off! Apple, which last week launched its new iPhone7 to a fair amount of sniggering...

Henry Howard Finance grows an amazing 33% in 12 months

The Independent  UK lender Henry Howard Finance (HHF) has qualified for the 2016 Wales Fast G...

Peer-to-peer lender passes £100 million milestone for auto loans

RateSetter, which was only launched in 2010, has now delivered more than £100 million in car finan...

Ashley Sowerby predicts that the future of fleet management lies in mobility solutions – not just vehicles

Fleet management could increasingly incorporate employee mobility as well as vehicle information, ...