Saab’s demise has sparked a residual value warning from pricing data specialists Glass’s and CAP, with fleets urged to pay close attention to de-fleeting and disposal of vehicles.

Glass’s told Fleet News that values for all used Saabs have been deteriorating at a faster rate than the rest of the market throughout the past year.

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Lessee Accounting: Real Chance Of Change On The Expense Profile

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World-wide accountants paint sobering picture of global economy

Finance professionals believe there will be a renewed global economic downturn in 2012 as the largest ever quarterly survey of professional accountants shows that international trade continued to dry up at the end of last year.

Kubota Australia Finance goes live with CALMS in record time

Kubota is a world leader in compact tractors, ground care equipment and excavators.

CALMS2 is now helping KAF to run a lean, agile business, allowing it to adapt to rapid market and product changes.

Lombard builds its large corporate & specialist finance team

Lombard has added five new staff members to its Middle Office team. The appointments follow news that Harry Needle Railroad Company, has increased the size of its train fleet after securing funding from Lombard.

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Auto Union Finance opts for Oyster Bay's system

Being a market leader brings advantages but also pressures too.  AUF reviewed software companies & operating systems and chose Oyster Bay and its Vienna system.

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NetSol's Vroozi wins LTC Supply Source deal

They will assist in building a fully automated portal using the SAP Supplier Relationship Management platform and the smartOCI marketplace.

New study shows US business performance heading north

The Experian Q4 2011 Business Benchmark Report reveals that days-beyond-terms appears to be stabilizing quarter-over-quarter.

New CFO appointed at NetSol Technologies

Externally-driven pessimism affects senior CFOs

Point-of-sale leasing frauds: new concerns on laptops for UK schools

New report offers hope for leasing start-ups

Maples and Calder grows its aviation finance specialism

New Alphabet sets goal for top three position in Europe

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Syscap trades up through the challenges

During the current recession survival has been the watchword for many equipment leasing companies. 

Such one is Syscap, the 21-year old provider of finance to the professions, commercial corporates and public sector.

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Financing wind ambitions: offshore wind parks

Within five years, offshore wind power plants are expected to account for approximately 20% of the entire wind-power market. Nevertheless, financing offshore wind projects faces an enormous challenge mainly because offshore wind projects are very capital intensive and, in the current economic environment, many financial players are reluctant to take risks for long-term projects.

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GE Capital boosts parent's results

General Electric has announced Q4 2011 operating earnings of $4.1bn, or $0.39 per share, up 6% and 11% respectively from Q4 2010. Revenues were $38.0bn for the quarter and $147.3bn for the year.

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