All articles by Verdict Staff

Contract hire on the rise

A lack of easily available credit is forcing operators to take up increasing amounts of contract hire and rental options, according to The Society of Motor Manufacturers and Traders (SMMT). It also revealed that van sales in August went down 24.7 per cent compared with a year ago, while truck sales dipped 3.2 per cent. Paul Everitt, SMMT chief executive, said: “In the short term, van registrations will continue to struggle, although the truck sector is holding total CV figures close to the three-year average

FLA activity playing vital role in economy, says new study

The UK leasing industry has outstripped plastic product manufacturing, the hotel business and the aircraftspacecraft industry in terms of how it is impacting on the economy, according to a study presented yesterday by the Finance and Leasing Association (FLA).

Sanpaolo reports steady growth in H1

Sanpaolo Leasint, the leasing arm of Italian banking group Intesa Sanpaolo SpA, has reported a net profit of 46.8m for the first half of 2008, up 22.7 per cent from the figure for the same period in 2007

Thameslink advisers unveiled

The four rolling stock manufacturers shortlisted for the UKs Thameslink project have lined up financial advisers ahead of the formal invitation to tender that will be issued by the UK Department for Transport in September.

Two vehicle wins for NetSol last month

Al-Amthal Leasing, one of Saudi Arabias largest lessors, and a vehicle leasing joint venture between FAL Holdings Arabia Ltd, Al Bank Al Saudi Al Fransi and Ford Credit International, has adopted NetSols LeaseSoft Retail Suite, which includes lease management capabilities

ING Lease UK continues to show promise with 11% growth

Firm start

Asset Sales

Deutsche Bank opens ‘green’ Spanish solar park

MAN Bank launch announced