Innovation is key to growth as global economy dips

At White Clarke Group, we have been tracking the fortunes of the global asset and auto finance market in our regular surveys for four years now, and as our latest report makes clear, a lot of lessons have been learnt. Despite the demands of a new accounting regime, global economic dips, and the slowdown in China, auto and asset finance companies are continuing to hold market share and win new business, often by adopting radically different business models, but progress around the world is patchy.

Innovation is key to growth as global economy dips

May 25, 2016

At White Clarke Group, we have been tracking the fortunes of the global asset and auto finance market in our regular surveys for four years now, and as our latest report makes clear, a lot of lessons have been learnt. Despite the demands of a new accounting regime, global economic dips, and the slowdown in China, auto and asset finance companies are continuing to hold market share and win new business, often by adopting radically different business models, but progress around the world is patchy.

Global Asset & Auto Finance Survey, May 2016


Video sponsored by White Clarke Group
 

Now BMW accelerates the technology race with acquisition of Scoop Technologies

BMW AG has revealed that its BMW iVentures venture capital arm has invested an undisclosed amount in California-based Scoop Technologies. Scoop Technologies offers a smartphone-powered carpooling service called Scoop.

Now BMW accelerates the technology race with acquisition of Scoop Technologies

May 26, 2016

BMW AG has revealed that its BMW iVentures venture capital arm has invested an undisclosed amount in California-based Scoop Technologies. Scoop Technologies offers a smartphone-powered carpooling service called Scoop.

Henry Howard Finance agrees £51 million facility with British Business Bank as last year’s re-structure pays dividends

Independent UK lender Henry Howard Finance (HHF) has agreed a £51 million asset finance facility with the British Business Bank. The facility, which is 50% guaranteed by the European Investment Fund, will allow Henry Howard to extend its asset finance funding to a larger portfolio of smaller UK businesses.

Henry Howard Finance agrees £51 million facility with British Business Bank as last year’s re-structure pays dividends

May 25, 2016

Independent UK lender Henry Howard Finance (HHF) has agreed a £51 million asset finance facility with the British Business Bank. The facility, which is 50% guaranteed by the European Investment Fund, will allow Henry Howard to extend its asset finance funding to a larger portfolio of smaller UK businesses.

International Auto Finance Network recognises industry leaders with top accolades

A packed to capacity fifth International Auto Finance Network (IAFN) conference concluded with the presentation of awards in some 12 categories, designed to honour the contribution of industry veterans and newcomers alike in the development of a truly world class range of products and services.

International Auto Finance Network recognises industry leaders with top accolades

May 23, 2016

A packed to capacity fifth International Auto Finance Network (IAFN) conference concluded with the presentation of awards in some 12 categories, designed to honour the contribution of industry veterans and newcomers alike in the development of a truly world class range of products and services.

Toyota joins with Uber in new ridesharing auto leasing operation

Toyota and Uber are the latest companies to partner in a series of automaker and ride-sharing “marriages”. On Tuesday, the world’s largest car manufacturer and the world’s largest ride-sharing platform announced a “memorandum of understanding” to collaborate on new mobility services and Toyota will make an undisclosed strategic investment in Uber.

Toyota joins with Uber in new ridesharing auto leasing operation

May 25, 2016

Toyota and Uber are the latest companies to partner in a series of automaker and ride-sharing “marriages”. On Tuesday, the world’s largest car manufacturer and the world’s largest ride-sharing platform announced a “memorandum of understanding” to collaborate on new mobility services and Toyota will make an undisclosed strategic investment in Uber.


New jobs from     virgin money

Business Development Manager - Wholesale and Fleet - national remit but will be based in South East/Home Counties

We’ll look to you to take our products to vendors, national vehicle contract hire and fleet management businesses and car sacrifice specialists, building long term relationships and ensuring we’re offering them the best products out there. You’ll need to ensure that we meet our agreed volume, margin, term, fees and contribution targets.

READ MORE....


Business Development Manager - Block Discounting - national remit but will be based in South East/Home Counties

You’ll work on our new proposition, building relationships with customers and subsequently building and managing a portfolio of business.

You’ll be finding the clients that will help us build a strong Block Discounting portfolio. This will mean constructing a picture of your client’s business, understanding what products would be suitable and taking them through any process in a fair and compliant manner. 

READ MORE...


White Clarke Group successfully implements VAT upgrade for large German auto captive in China

White Clarke Group has successfully implemented a value-added tax (VAT) upgrade to its CALMS platform for a large German auto finance captive in China.

White Clarke Group successfully implements VAT upgrade for large German auto captive in China

May 25, 2016

White Clarke Group has successfully implemented a value-added tax (VAT) upgrade to its CALMS platform for a large German auto finance captive in China.

GM’s latest autonomous driving acquisition heads stampede despite research revealing that consumers are wary of self-drive cars

US consumers still resist the notion of self-driving cars, according to a University of Michigan study released on Monday, the latest sign that investors and automakers may be rushing into a business where demand is limited at best. General Motors Co's (GM) recent acquisition of Silicon Valley startup Cruise Automation for a reported $1 billion has accelerated a stampede by other automakers, suppliers and venture capital firms looking to invest in or acquire new companies developing self-driving technology.

GM’s latest autonomous driving acquisition heads stampede despite research revealing that consumers are wary of self-drive cars

May 25, 2016

US consumers still resist the notion of self-driving cars, according to a University of Michigan study released on Monday, the latest sign that investors and automakers may be rushing into a business where demand is limited at best. General Motors Co's (GM) recent acquisition of Silicon Valley startup Cruise Automation for a reported $1 billion has accelerated a stampede by other automakers, suppliers and venture capital firms looking to invest in or acquire new companies developing self-driving technology.


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65% of top 200 dealer groups now offer motor finance online - iVendi

More than 65% of the UK’s 200 largest dealer groups now offer some kind of fully interactive motor finance option on their web site, according to James Tew, CEO at iVendi.

65% of top 200 dealer groups now offer motor finance online - iVendi

May 25, 2016

More than 65% of the UK’s 200 largest dealer groups now offer some kind of fully interactive motor finance option on their web site, according to James Tew, CEO at iVendi.

Judy Ward appointed automotive business development director at The Warranty Group

The Warranty Group has appointed a new member to its European leadership team with Judy Ward becoming automotive business development director.

Judy Ward appointed automotive business development director at The Warranty Group

May 25, 2016

The Warranty Group has appointed a new member to its European leadership team with Judy Ward becoming automotive business development director.

Sell out at fifth International Auto Finance Network conference

Over 200 delegates joined industry experts for the sell-out fifth International Auto Finance Network (IAFN) conference in London last week to debate the key issues facing auto and fleet finance at a time when technology is fundamentally altering the way in which the industry operates.

Sell out at fifth International Auto Finance Network conference

May 18, 2016

Over 200 delegates joined industry experts for the sell-out fifth International Auto Finance Network (IAFN) conference in London last week to debate the key issues facing auto and fleet finance at a time when technology is fundamentally altering the way in which the industry operates.

Two senior management appointments at Experteye

Experteye is the benchmarking and research specialist for European automotive manufacturers, fleet finance providers, fleet management companies and a broad cross section of other corporate bodies.

Two senior management appointments at Experteye

May 23, 2016

Experteye is the benchmarking and research specialist for European automotive manufacturers, fleet finance providers, fleet management companies and a broad cross section of other corporate bodies.

Peter Cooke tells his grandson of radical changes in auto industry employment for the future

Grandparents are used to being asked impertinent and impossible questions. I was recently asked such a question by a [just] eight-year-old grandson: “Grandad, will I be able to work in the motor industry just like you – will the jobs be the same as now?’ There is no definitive answer, but promised a response with my thoughts. The reply went something like this.

Peter Cooke tells his grandson of radical changes in auto industry employment for the future

May 23, 2016

Grandparents are used to being asked impertinent and impossible questions. I was recently asked such a question by a [just] eight-year-old grandson: “Grandad, will I be able to work in the motor industry just like you – will the jobs be the same as now?’ There is no definitive answer, but promised a response with my thoughts. The reply went something like this.

Get in the moment with Google’s new model for selling auto finance

In his follow up to last year’s How to make auto finance sexy presentation, Hugh Dickerson, head of automotive for Google provides a compelling case for changing how and when auto finance information should be provided to car buyers. Dickerson’s argument is based on a model for consumer behaviour currently used by Google across all markets, which replaces a once simple linear model of how people carry out research on-line with a much more complex series of events which they label as “moments” and “micro-moments”.

Get in the moment with Google’s new model for selling auto finance

May 04, 2016

In his follow up to last year’s How to make auto finance sexy presentation, Hugh Dickerson, head of automotive for Google provides a compelling case for changing how and when auto finance information should be provided to car buyers. Dickerson’s argument is based on a model for consumer behaviour currently used by Google across all markets, which replaces a once simple linear model of how people carry out research on-line with a much more complex series of events which they label as “moments” and “micro-moments”.