Volvo launches car subscription service

Premium car brand Volvo has launched a new finance arrangement for its latest model which can provide a new car every two years.

Volvo launches car subscription service

Sep 26, 2017

Premium car brand Volvo has launched a new finance arrangement for its latest model which can provide a new car every two years.

Finance software "needs app ethos” as PSD2 nears

Financial services software companies will have to prioritise ease of use to support customers when new legislation comes into force next year, experts warn.

Finance software "needs app ethos” as PSD2 nears

Sep 26, 2017

Financial services software companies will have to prioritise ease of use to support customers when new legislation comes into force next year, experts warn.

Sofico expands into Mexico

Global software company Sofico has opened an office in Mexico as part of a growth strategy to establish a local presence in key markets.

Sofico expands into Mexico

Sep 26, 2017

Global software company Sofico has opened an office in Mexico as part of a growth strategy to establish a local presence in key markets.

Why dealers will win in tomorrow's online auto world

Predictions that online car sales will drive dealers out of business are wrong, as they have an essential role to play in a digital world. You might assume this viewpoint belongs to a dealer, but it actually comes from an online car sales company, Carwow. Rob Abrahams, head of new market development, admits this statement might surprise some people, but he believes online sales and physical dealerships work well together. He said: “We firmly believe the dealership will still be a part of the purchase journey in 10 years’ time.

Why dealers will win in tomorrow's online auto world

Sep 20, 2017

Predictions that online car sales will drive dealers out of business are wrong, as they have an essential role to play in a digital world. You might assume this viewpoint belongs to a dealer, but it actually comes from an online car sales company, Carwow. Rob Abrahams, head of new market development, admits this statement might surprise some people, but he believes online sales and physical dealerships work well together. He said: “We firmly believe the dealership will still be a part of the purchase journey in 10 years’ time.

Aviation leasing clears turbulence

Fitch Ratings has released a report which is upbeat about the prospects for the aviation leasing sector, citing strong air travel growth, the generally stable financial conditions of airlines, the ongoing adoption of aircraft leasing, potentially rising lease yields and accommodative funding markets as positives for future growth.

Aviation leasing clears turbulence

Sep 26, 2017

Fitch Ratings has released a report which is upbeat about the prospects for the aviation leasing sector, citing strong air travel growth, the generally stable financial conditions of airlines, the ongoing adoption of aircraft leasing, potentially rising lease yields and accommodative funding markets as positives for future growth.

Equipment finance sector confidence dips

The latest update from the Equipment Leasing & Finance Foundation suggests a dip in confidence in the equipment finance sector, with its monthly confidence index standing at 63.7 in September, easing from the August index of 64.4.

Equipment finance sector confidence dips

Sep 26, 2017

The latest update from the Equipment Leasing & Finance Foundation suggests a dip in confidence in the equipment finance sector, with its monthly confidence index standing at 63.7 in September, easing from the August index of 64.4.

New support software for lease accounting

Global consulting and professional services firm RGP and lease management software provider CoStar have announced a partnership to provide companies with an end-to-end solution to meet the looming deadlines for compliance with new lease accounting standards finalized in 2016 by the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB).

New support software for lease accounting

Sep 26, 2017

Global consulting and professional services firm RGP and lease management software provider CoStar have announced a partnership to provide companies with an end-to-end solution to meet the looming deadlines for compliance with new lease accounting standards finalized in 2016 by the US Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB).

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US lessor in Fiji Airways deal

Willis Lease Finance has completed a sale and leaseback transaction on three 737NG aircraft with Fiji Airways, in a deal which combined elements from its leasing, trading, and materials businesses to provide a comprehensive tailored solution to support the airline’s fleet renewal plan as it transitions out of Boeing 737NGs and into the Boeing 737MAX.

US lessor in Fiji Airways deal

Sep 26, 2017

Willis Lease Finance has completed a sale and leaseback transaction on three 737NG aircraft with Fiji Airways, in a deal which combined elements from its leasing, trading, and materials businesses to provide a comprehensive tailored solution to support the airline’s fleet renewal plan as it transitions out of Boeing 737NGs and into the Boeing 737MAX.

Construction company signs for $21.7 million finance

First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced it has financed $21.7 million in construction equipment and crane acquisitions for the largest alternative energy construction company in the US.

Construction company signs for $21.7 million finance

Sep 26, 2017

First National Capital Corporation (FNCC), a full-service commercial equipment and aviation finance provider, has announced it has financed $21.7 million in construction equipment and crane acquisitions for the largest alternative energy construction company in the US.

New guidance on automated vehicles

The US administration has turned its attention to the regulations governing the use of automated and driverless vehicles, with the Department of Transportation and the National Highway Traffic Safety Administration (NHTSA) issuing new federal guidance.

New guidance on automated vehicles

Sep 26, 2017

The US administration has turned its attention to the regulations governing the use of automated and driverless vehicles, with the Department of Transportation and the National Highway Traffic Safety Administration (NHTSA) issuing new federal guidance.

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Leasing Foundation launches diversity and inclusion programme

The Leasing Foundation has launched a new diversity and inclusion programme to coincide with National Inclusion Week in the UK.

Leasing Foundation launches diversity and inclusion programme

Sep 25, 2017

The Leasing Foundation has launched a new diversity and inclusion programme to coincide with National Inclusion Week in the UK.

ELFA makes distinguished service award

The Equipment Leasing and Finance Association (ELFA) has selected Joseph Sebik, director of tax at Siemens Financial Services, to receive its 2017 Michael J. Fleming Distinguished Service Award.

ELFA makes distinguished service award

Sep 22, 2017

The Equipment Leasing and Finance Association (ELFA) has selected Joseph Sebik, director of tax at Siemens Financial Services, to receive its 2017 Michael J. Fleming Distinguished Service Award.

T-Mobile eyes auto market

Telecom giant T-Mobile has signalled its intention to target the auto finance market, announcing plans to launch a new network to support in-car connectivity via the Internet of Things (IoT) and a new fleet management solution for businesses.

T-Mobile eyes auto market

Sep 22, 2017

Telecom giant T-Mobile has signalled its intention to target the auto finance market, announcing plans to launch a new network to support in-car connectivity via the Internet of Things (IoT) and a new fleet management solution for businesses.

Driverless cars learn to communicate

Ford is partnering with Virginia Tech Transportation Institute to test out ways in which driverless cars can communicate their intentions to pedestrians, cyclists and other drivers.

Driverless cars learn to communicate

Sep 22, 2017

Ford is partnering with Virginia Tech Transportation Institute to test out ways in which driverless cars can communicate their intentions to pedestrians, cyclists and other drivers.

New chair for Canadian Finance & Leasing Association

Richard McAuliffe, senior vice president and chief operating officer at Key Equipment Finance, has been named chairman of the board of directors of the Canadian Finance & Leasing Association (CLFA).

New chair for Canadian Finance & Leasing Association

Sep 22, 2017

Richard McAuliffe, senior vice president and chief operating officer at Key Equipment Finance, has been named chairman of the board of directors of the Canadian Finance & Leasing Association (CLFA).

Hurricane relief efforts

A number of companies in the asset and auto finance sector have announced contributions to relief efforts following the devastation caused by Hurricane Irma in the southern US states, and are also introducing support programs for customers finding it challenging to make leasing repayments.

Hurricane relief efforts

Sep 22, 2017

A number of companies in the asset and auto finance sector have announced contributions to relief efforts following the devastation caused by Hurricane Irma in the southern US states, and are also introducing support programs for customers finding it challenging to make leasing repayments.

Acquis Insurance Management's European expansion continues apace

Acquis Insurance Management Limited (Acquis), the UK-based insurance specialist servicing the European asset finance industry, is forecast to produce record results in 2017.

Acquis Insurance Management's European expansion continues apace

Sep 21, 2017

Acquis Insurance Management Limited (Acquis), the UK-based insurance specialist servicing the European asset finance industry, is forecast to produce record results in 2017.

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LeasePlan speeds up transition to electric mobility

Global fleet management company LeasePlan is to become a founding member of the EV100, a new major...

Call for public inquiry into consumer finance

The heads of two powerful UK parliamentary committees have called for an independent public inquir...

BMW Group launches Innovation Lab 2018

BMW Group UK has launched a new search for the business stars of the future with the opening of th...

Personal leasing drives auto finance growth

The total UK business fleet leasing market for cars and vans has grown 7.6% year-on-year to 1.35 m...