What leasing European lessors think about Brexit

White Clarke Group Europe Asset Finance Survey 2016 available today is the first industry report to provide the views of leading European lessors on what they consider to be the impact of the UK decision and its significance for European asset finance and leasing. It also brings into focus the positive values in the leasing market in Europe and the longer-term prospects in the view of Leaseurope Board members.

What leasing European lessors think about Brexit

Jul 29, 2016

White Clarke Group Europe Asset Finance Survey 2016 available today is the first industry report to provide the views of leading European lessors on what they consider to be the impact of the UK decision and its significance for European asset finance and leasing. It also brings into focus the positive values in the leasing market in Europe and the longer-term prospects in the view of Leaseurope Board members.

Julian Rose describes how the FCA has fired a warning shot about Principal firms’ controls of Appointed Representatives

In a hard-hitting report published a week ago, the Financial Conduct Authority (FCA) described ‘serious and widespread’ issues with how insurance companies manage their Appointed Representatives (ARs).

Julian Rose describes how the FCA has fired a warning shot about Principal firms’ controls of Appointed Representatives

Jul 29, 2016

In a hard-hitting report published a week ago, the Financial Conduct Authority (FCA) described ‘serious and widespread’ issues with how insurance companies manage their Appointed Representatives (ARs).

Autofutura gears up for growth with “revolutionary” new product and key appointments

UK-based Autofutura, the specialist supplier of data services and systems to the automotive leasing and finance sectors, is gearing up for growth with the introduction of a revolutionary new product – as well as some key appointments. The new product launch and new appointments follow the successes the company had at the International Auto Finance Network Awards last May when it won accolades in the Best Use of Data and Best Product or Services Innovation – Fleet Finance categories.

Autofutura gears up for growth with “revolutionary” new product and key appointments

Jul 29, 2016

UK-based Autofutura, the specialist supplier of data services and systems to the automotive leasing and finance sectors, is gearing up for growth with the introduction of a revolutionary new product – as well as some key appointments. The new product launch and new appointments follow the successes the company had at the International Auto Finance Network Awards last May when it won accolades in the Best Use of Data and Best Product or Services Innovation – Fleet Finance categories.

The British Vehicle Rental and Leasing Association’s new funding guide offers fresh viewpoint on auto finance issues

The BVRLA has published a new version of its Guide to Vehicle Funding in association with professional services firm Grant Thornton UK LLP.

The British Vehicle Rental and Leasing Association’s new funding guide offers fresh viewpoint on auto finance issues

Jul 28, 2016

The BVRLA has published a new version of its Guide to Vehicle Funding in association with professional services firm Grant Thornton UK LLP.


Mobility as a Service: ditch the car and buy transport services instead

Sampo Hietanen, self-styled father of mobility and founder and CEO of fintech start-up MaaS Global Ltd sees the economics of mobility as being roughly similar in nature to the economics of paying for mobile phones. The average revenue that a company providing telecoms as a service can currently draw from an individual consumer to meet their telecommunication needs, he argues, is about €30 per month. In the same vein, the average revenue that an equivalent operator, offering mobility as a service (rather than telecoms as a service), should be able to draw is ten times that amount: €300 per month.

Mobility as a Service: ditch the car and buy transport services instead

Jul 20, 2016

Sampo Hietanen, self-styled father of mobility and founder and CEO of fintech start-up MaaS Global Ltd sees the economics of mobility as being roughly similar in nature to the economics of paying for mobile phones. The average revenue that a company providing telecoms as a service can currently draw from an individual consumer to meet their telecommunication needs, he argues, is about €30 per month. In the same vein, the average revenue that an equivalent operator, offering mobility as a service (rather than telecoms as a service), should be able to draw is ten times that amount: €300 per month.

International Auto Finance Network Conference, May 2016


Video sponsored by White Clarke Group

Heavy equipment buyers in the US preferring rental options to leasing as they seek to lower risk

“Our views haven’t changed drastically when it comes to buying new equipment,” says Al Gorick, president of Gorick Construction, Binghamton, New York. “We have always tried to make purchasing decisions based on projected utilization, and when a good value presents itself.”

Heavy equipment buyers in the US preferring rental options to leasing as they seek to lower risk

Jul 28, 2016

“Our views haven’t changed drastically when it comes to buying new equipment,” says Al Gorick, president of Gorick Construction, Binghamton, New York. “We have always tried to make purchasing decisions based on projected utilization, and when a good value presents itself.”

New car interest unexpectedly increases after Brexit vote reports buyacar.co.uk - as future clouds build on horizon

An instant upswing in new car searches and purchase quotations following the UK’s Brexit vote suggests some consumers may be rushing to make car purchases now before a weakening pound further erodes their savings. Visitors to the online-only motor retailer buycar.co.uk hit record levels in the days after the June 23 EU referendum, with a surprise leap of interest in new cars. For the first time this year there were more quotations saved for new car purchases than for used models on the site.

New car interest unexpectedly increases after Brexit vote reports buyacar.co.uk - as future clouds build on horizon

Jul 28, 2016

An instant upswing in new car searches and purchase quotations following the UK’s Brexit vote suggests some consumers may be rushing to make car purchases now before a weakening pound further erodes their savings. Visitors to the online-only motor retailer buycar.co.uk hit record levels in the days after the June 23 EU referendum, with a surprise leap of interest in new cars. For the first time this year there were more quotations saved for new car purchases than for used models on the site.

Daimler's mytaxi to merge with Hailo to take on Uber as auto industry's radical overhaul continues apace

Daimler reports that it’s mytaxi will merge with UK rival Hailo in an all-share deal, creating Europe's largest smartphone-based taxi-hailing business. Unlike US-based ride-hailing start-up Uber, which established itself to compete against taxi companies, the new company will operate using taxi firms.

Daimler's mytaxi to merge with Hailo to take on Uber as auto industry's radical overhaul continues apace

Jul 28, 2016

Daimler reports that it’s mytaxi will merge with UK rival Hailo in an all-share deal, creating Europe's largest smartphone-based taxi-hailing business. Unlike US-based ride-hailing start-up Uber, which established itself to compete against taxi companies, the new company will operate using taxi firms.

Elon Musk sets Tesla’s roadmap for a driverless future

Bloomberg reports that Tesla's Elon Musk has begun work on what Musk calls Tesla Semi, a freight truck that he says will significantly reduce the cost of transporting cargo. The CEO of Tesla and SpaceX recently posted his Master Plan, Part Deux, a mission statement meant to guide his electric car company into the next decade just as his original Master Plan in 2006. Musk offers a tantalizing roadmap for Tesla as well as some new insight into how he forecasts the future. Here are some of the key elements:

Elon Musk sets Tesla’s roadmap for a driverless future

Jul 28, 2016

Bloomberg reports that Tesla's Elon Musk has begun work on what Musk calls Tesla Semi, a freight truck that he says will significantly reduce the cost of transporting cargo. The CEO of Tesla and SpaceX recently posted his Master Plan, Part Deux, a mission statement meant to guide his electric car company into the next decade just as his original Master Plan in 2006. Musk offers a tantalizing roadmap for Tesla as well as some new insight into how he forecasts the future. Here are some of the key elements:


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David Webber argues that the UK car finance industry is "in dire need of disruption"

UK consumers and the retail motor industry are demanding a digital revolution of the auto sector by calling for an overhaul in the way that car finance is applied for and managed, new research reveals. New research commissioned by Intelligent Environments, reveals that nearly half (48%) of British consumers who own cars on finance say that finance is one of the most difficult things about buying a new car.

David Webber argues that the UK car finance industry is "in dire need of disruption"

Jul 28, 2016

UK consumers and the retail motor industry are demanding a digital revolution of the auto sector by calling for an overhaul in the way that car finance is applied for and managed, new research reveals. New research commissioned by Intelligent Environments, reveals that nearly half (48%) of British consumers who own cars on finance say that finance is one of the most difficult things about buying a new car.

Brexit vote hits Virgin Money’s SME lending plans

Challenger bank Virgin Money has announced it has deferred its plans to enter the small business lending market due to the economic uncertainty caused by the UK’s decision to leave the EU.

Brexit vote hits Virgin Money’s SME lending plans

Jul 27, 2016

Challenger bank Virgin Money has announced it has deferred its plans to enter the small business lending market due to the economic uncertainty caused by the UK’s decision to leave the EU.

Record lending for Ultimate Finance

Ultimate Finance Group says its total loan book to the UK's SME sector has grown by a third in the last 12 months to exceed £100 million for the first time, with the company now looking to expand its activities. The independent finance provider reports it has significant further funds available and is pledging to support businesses during the period of post-Brexit economic uncertainty.

Record lending for Ultimate Finance

Jul 26, 2016

Ultimate Finance Group says its total loan book to the UK's SME sector has grown by a third in the last 12 months to exceed £100 million for the first time, with the company now looking to expand its activities. The independent finance provider reports it has significant further funds available and is pledging to support businesses during the period of post-Brexit economic uncertainty.

Hampshire Trust Bank adds to business development team

Hampshire Trust Bank is expanding its reach further across the UK, with the appointment of two new business development managers in its asset finance team. Martin Jones, who has more than 25 years’ sales and finance, will focus on maintaining and building broker relationships across Wales while John Ingham, who has more than 28 years’ finance experience, will concentrate on strengthening the bank’s broker network in East Anglia and the northern home counties.

Hampshire Trust Bank adds to business development team

Jul 25, 2016

Hampshire Trust Bank is expanding its reach further across the UK, with the appointment of two new business development managers in its asset finance team. Martin Jones, who has more than 25 years’ sales and finance, will focus on maintaining and building broker relationships across Wales while John Ingham, who has more than 28 years’ finance experience, will concentrate on strengthening the bank’s broker network in East Anglia and the northern home counties.

CHP Consulting fields top cricketer

England and Yorkshire cricketer Jonny Bairstow has teamed up with asset finance software specialist CHP Consulting and will be displaying the firm’s branding on his bat for county and country, including the rest of the current England versus Pakistan series and the forthcoming tours in Bangladesh and India.

CHP Consulting fields top cricketer

Jul 21, 2016

England and Yorkshire cricketer Jonny Bairstow has teamed up with asset finance software specialist CHP Consulting and will be displaying the firm’s branding on his bat for county and country, including the rest of the current England versus Pakistan series and the forthcoming tours in Bangladesh and India.

NetSol wins China leasing award

Global asset finance solutions provider NetSol Technologies has scooped a top accolade at the annual China Leasing Summit for the fourth year in a row, winning the “First Rate and Best Selling Finance and Leasing Solution Provider” award for 2016.

NetSol wins China leasing award

Jul 21, 2016

Global asset finance solutions provider NetSol Technologies has scooped a top accolade at the annual China Leasing Summit for the fourth year in a row, winning the “First Rate and Best Selling Finance and Leasing Solution Provider” award for 2016.

Fiat Chrysler appoints two new leasing managers

Fiat Chrysler Automobiles UK (FCA) has announced two appointments to its leasing team, with Robert English named as national corporate and leasing manager and Mike Miles appointed contract hire and leasing manager (South).

Fiat Chrysler appoints two new leasing managers

Jul 19, 2016

Fiat Chrysler Automobiles UK (FCA) has announced two appointments to its leasing team, with Robert English named as national corporate and leasing manager and Mike Miles appointed contract hire and leasing manager (South).


NetSol handles China VAT implementation in record time

Global leasing and financing solutions provider NetSol Technologies has completed key enhancements...

United Trust Bank joins Funding for Lending Scheme

United Trust Bank (UTB) has joined the Bank of England's Funding for Lending Scheme (FLS) and has ...

BVRLA call for action on “grey fleet”

The British Vehicle Leasing and Rental Association (BVRLA) is calling on the government to tackle ...

Rejected financial applications damaging customer relationships

Turning customer down for finance can risk damaging customer relationships, according to research ...