Glass's Rupert Pontin explores the revolution taking place for in-car entertainment

The first car radio was installed by Chevrolet in 1922 at a significant price premium of $200 and sported an antenna that covered most of the roof and with batteries that would barely fit under the front seat coupled with totally impractical speakers.

 
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Glass's Rupert Pontin explores the revolution taking place for in-car entertainment

Mar 02, 2015

The first car radio was installed by Chevrolet in 1922 at a significant price premium of $200 and sported an antenna that covered most of the roof and with batteries that would barely fit under the front seat coupled with totally impractical speakers.


New Finance and Controlling head appointed at Daimler Trucks & Buses

Jochen Götz has been appointed head of finance & controlling at Daimler Trucks & Buses as of March 1, 2015. He assumes overall responsibility for all finance and controlling functions at Daimler Trucks & Buses worldwide. At the same time, Götz will become a member of the divisional board of Daimler Trucks & Buses and succeeds Matthias Gründler, who is leaving the company of his own accord.

 
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New Finance and Controlling head appointed at Daimler Trucks & Buses

Feb 28, 2015

Jochen Götz has been appointed head of finance & controlling at Daimler Trucks & Buses as of March 1, 2015. He assumes overall responsibility for all finance and controlling functions at Daimler Trucks & Buses worldwide. At the same time, Götz will become a member of the divisional board of Daimler Trucks & Buses and succeeds Matthias Gründler, who is leaving the company of his own accord.

Julian Rose tells how lessors are the “Good Guys” with HM Revenue & Customs

At the UK Finance & Leasing Association dinner on 24 February guest speaker Robert Peston, BBC News economic editor said: “I feel passionately that you lot are the good guys, and what you do is absolutely vital for our economy.” It was a brave statement given the diversity of his audience but certainly one that properly reflects the role of the leasing industry.

 
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Julian Rose tells how lessors are the “Good Guys” with HM Revenue & Customs

Feb 28, 2015

At the UK Finance & Leasing Association dinner on 24 February guest speaker Robert Peston, BBC News economic editor said: “I feel passionately that you lot are the good guys, and what you do is absolutely vital for our economy.” It was a brave statement given the diversity of his audience but certainly one that properly reflects the role of the leasing industry.

Rob Whalley joins APD as chief executive

APD Research & Development has appointed fleet industry executive Rob Whalley (pictured) as its new CEO. A senior executive at several major automotive businesses including PHH (now Arval), Fleetlease (now Hitachi Capital) and Experian, Rob brings a wealth of knowledge and experience to APD.

 
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Rob Whalley joins APD as chief executive

Feb 28, 2015

APD Research & Development has appointed fleet industry executive Rob Whalley (pictured) as its new CEO. A senior executive at several major automotive businesses including PHH (now Arval), Fleetlease (now Hitachi Capital) and Experian, Rob brings a wealth of knowledge and experience to APD.

Robert Gordon promoted to CEO at Hitachi Capital UK

Robert Gordon (pictured) has been appointed CEO for Hitachi Capital (UK) Group, with effect from April 1, 2015. This follows the move of Chris Shirai, current CEO and Hitachi Capital Corporation executive officer for Europe and the Americas, to focus more directly on the organization’s activities in the United States and Canada.  

 
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Robert Gordon promoted to CEO at Hitachi Capital UK

Feb 28, 2015

Robert Gordon (pictured) has been appointed CEO for Hitachi Capital (UK) Group, with effect from April 1, 2015. This follows the move of Chris Shirai, current CEO and Hitachi Capital Corporation executive officer for Europe and the Americas, to focus more directly on the organization’s activities in the United States and Canada.  

Lease Accounting changes: small lessees are allowed much more time

The past week has brought mixed news on the outlook for the planned new global lease accounting standard. Most importantly: • It now seems clear that the standard, requiring wholesale capitalization of leased assets on the lessee's balance sheet, will at last be finalized this year, although probably not for at least six months yet; and • the possibility of a major exception for small ticket leases has now disappeared; but • in many jurisdictions, the SMEs who comprise the great majority of lessees may not have to apply any of the new rules for almost seven years yet; and • the rules for applying capitalization to leases already running at the future adoption dates of the new rules will be easier than proposed earlier.

 
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Lease Accounting changes: small lessees are allowed much more time

Feb 26, 2015

The past week has brought mixed news on the outlook for the planned new global lease accounting standard. Most importantly: • It now seems clear that the standard, requiring wholesale capitalization of leased assets on the lessee's balance sheet, will at last be finalized this year, although probably not for at least six months yet; and • the possibility of a major exception for small ticket leases has now disappeared; but • in many jurisdictions, the SMEs who comprise the great majority of lessees may not have to apply any of the new rules for almost seven years yet; and • the rules for applying capitalization to leases already running at the future adoption dates of the new rules will be easier than proposed earlier.

Finance & Leasing Association’s guest speaker praises the "Good Guys"

The role of UK asset financiers and lessors was lauded at yesterday’s Finance & Leasing Association’s (FLA) annual dinner. Guest speaker Robert Peston, BBC News economic editor, stressed: “I feel passionately that you lot are the good guys, and what you do is absolutely vital for our economy.”

 
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Finance & Leasing Association’s guest speaker praises the "Good Guys"

Feb 25, 2015

The role of UK asset financiers and lessors was lauded at yesterday’s Finance & Leasing Association’s (FLA) annual dinner. Guest speaker Robert Peston, BBC News economic editor, stressed: “I feel passionately that you lot are the good guys, and what you do is absolutely vital for our economy.”

UK asset finance returns to pre-recession levels – but will the momentum last?

The continuing recovery in the UK economy has been reflected in the growth of asset finance, with businesses keen to use leasing and hire purchase to invest in a wide range of assets, with particularly strong growth in new finance for production plant, agricultural equipment and construction equipment. According to data from the Finance & Leasing Association (FLA), new business volume growth in 2014 was up 13% year-on-year on 2013, the strongest annual rate of growth since the onset of the financial crisis.

 
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UK asset finance returns to pre-recession levels – but will the momentum last?

Feb 23, 2015

The continuing recovery in the UK economy has been reflected in the growth of asset finance, with businesses keen to use leasing and hire purchase to invest in a wide range of assets, with particularly strong growth in new finance for production plant, agricultural equipment and construction equipment. According to data from the Finance & Leasing Association (FLA), new business volume growth in 2014 was up 13% year-on-year on 2013, the strongest annual rate of growth since the onset of the financial crisis.

Huntington set to acquire Macquarie Equipment Finance in the US

Huntington Bancshares has signed a definitive agreement for Huntington National Bank to purchase Michigan-based Macquarie Equipment Finance (MEF-US). With approximately $500 million of annual originations, MEF-US is the largest standalone, vendor independent provider of specialized technology financing with customer-centric asset management services in the US.

 
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Huntington set to acquire Macquarie Equipment Finance in the US

Feb 24, 2015

Huntington Bancshares has signed a definitive agreement for Huntington National Bank to purchase Michigan-based Macquarie Equipment Finance (MEF-US). With approximately $500 million of annual originations, MEF-US is the largest standalone, vendor independent provider of specialized technology financing with customer-centric asset management services in the US.

The forgotten women car buyers

According to startling new research by International Auto Finance Network and the University of Buckingham Business School, the automotive industry continues to display ongoing disregard for the requirements of women car buyers. Despite the fact that women represent around 50% of the car-buying public the vast majority of leasing/retail auto lending respondents have made absolutely no provision or consideration for their specific needs or preferences.

 
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The forgotten women car buyers

Feb 23, 2015

According to startling new research by International Auto Finance Network and the University of Buckingham Business School, the automotive industry continues to display ongoing disregard for the requirements of women car buyers. Despite the fact that women represent around 50% of the car-buying public the vast majority of leasing/retail auto lending respondents have made absolutely no provision or consideration for their specific needs or preferences.

 
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Fleet Hire selects Leaselink and MoDel from Ebbon-Dacs

Full service contract hire, fleet management and salary sacrifice provider, Fleet Hire, has select...

Squeeze on margins remains troublesome for European lessors as growth continues to be driven by price

Leaseurope and Invigors EMEA’s recent leasing European Business Confidence Survey, conducted in De...

Norton Folgate acquired by Amicus

Amicus Finance Plc (Amicus), a leading specialist in short term lending solutions, has acquired Lo...

Syscap acquired by Wesleyan Group on 25th birthday

Syscap has been acquired by mutual financial services specialist Wesleyan. This acquisition aims ...

 
 
 
 
 
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