All articles by Mike Cobb
Mike Cobb
Fleet new registrations exceed private in April
Fleet new car registrations have recovered market share in April as a return in business confidence helped the market grow 13% over the month to just under 85,000 vehicles, according to the Society of Motor Manufacturers and Traders (SMMT).
Lloyds Asset Finance business grows 16%
The asset finance side of UK banking group Lloyds Bank has increased its business by 16% in the first quarter of 2013 according to the companys interim report.
Business confidence grows in fleet CV market
A total of 77% of UK businesses expect the commercial vehicle leasing and rental sector to improve as the year progresses according to the findings of a survey from professional body the British Vehicle and Rental Association (BVRLA)
3 Steps Aurasmaa to move on
Finnish lessor 3 Step IT’s chief executive Artti Aurasmaa is to step aside as part of an ongoing process of defining a strategic plan for 2020, according to a statement from the company’s board
Aldermore appoints Glyn Jones as chairman
Aldermore Bank has appointed Glyn Jones to the position of chairman after a long career in banking and fund management.
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De Lage Landen net profits up 10% to 402m
Asset finance giant De Lage Landen (DLL) announced a 10% increase in net profits to 402m for the full year ending 2013, and at the same time saw growth in both its global portfolio and revenue.
Benchmark appoints new European director
Benchmark Consulting International, the asset and motor finance consultancy, has appointed a new director of business development and projects effective 1 April.
A sharply focused business
Mike Cobb talks with Tristan Watkins, UK country manager for BNP Paribas Leasing Solutions, about his new role and the businesss focus following the decision to remain active in the UK
Annual investment allowance to increase – UK Budget
The annual investment allowance has been given an extension of 12 months and a boost in the UK budget. It now allows a tax free investment by businesses of up to £500,000 (595,000) starting in April 2014.
Aldermore on further hiring spree
Aldermore has hired four senior staff to its asset finance business in a variety of roles, as the firm continues to expand its coverage of the UK SME market.