All articles by Antonio Fabrizio
Antonio Fabrizio
Europe’s CV registrations fall 12% in January
Europes CV registrations were 12.3 percent down in January 2010 compared with one year before, according to European Automobile Manufacturers Association ACEA. Light commercial vehicles declined 5.2 percent compared to last year, totalling 105,522 new vans Among the major markets, LCV registrations increased in Italy by 21.8 percent and in France by 7.5 percent
Work – life quiz
WorkLife Quiz: Jacqueline Mills, Senior Adviser, Leaseurope Current job: Senior adviser at Leaseurope Career: Previously worked at Deloittes audit team in Brussels prior to joining Leaseurope
Largest firm takes shape
In a frank interview, BNP Paribas Lease Group CEO Philippe Bismut provides Antonio Fabrizio with a unique insight into the new shape of the business following its parents merger with Fortis. The long-awaited merger between BNP Paribas Lease Group (BPLG) and Fortis Lease has finally begun to take shape
Leasing low-carbon energy now feasible, says FLA
The UK governments recent announcement it will pay feed-in tariffs (FITs) to households and small businesses that generate electricity from renewable sources could make a business case for leasing, according to the UKs Finance and Leasing Association (FLA). In a discussion paper based on Scottish research and analysis provider Delta Energy & Environment for its Asset finance for low-carbon equipment seminar (held last month in London), the FLA suggested leasing could play a significant role in the governments ambitious low-carbon technology targets.
Italian mini-renaissance
The Italian leasing market is beginning to show signs of a recovery following the success of a payment holiday scheme and growth in the public sector and green leasing
Handelsbanken Finans sued over interest rate hikes
Swedish local public transportation company Storstockholms Lokaltrafik (SL) is suing Handelsbanken Finans, Leasing Life has learned. Stockholm-headquartered SL has launched the legal action against Handelsbanken Finans, the leasing subsidiary of Stockholm-based Svenka Handelsbanken, for what it called an unjustified raise in interest rates in leasing agreements signed between the two companies.
Lombard order book continues to grow
A string of large deals won by Europes major commercial vehicle lessors and manufacturers, involving hundreds or in some cases thousands of vehicles, is fuelling some optimism within a largely shattered sector. The latest is a major deal between Lombard Vehicle Management (LVM) and GreenThumb, a UK lawn-treatment business, to fund and supply a fleet of 800 vans on exclusive basis.
BFL Leasing signs VF deal with comTeam
Germanys BFL Leasing, a VR Leasing subsidiary specialising in IT and telecoms financing, announced a new partnership agreement with Dsseldorf-based comTeam, a division of IT reseller ElectronicPartner Group, last month. BFL said it will support comTeam in its distribution strategy across the whole of Germany, benefitting more than 250 comTeam vendor partners as well as hundreds of ElectronicPartner specialist resellers.
EIB delivers record lending volume
The European Investment Bank (EIB) delivered a record 79 billion in lending volume in 2009. In detail, the EIB provided 13 billion in credit lines to intermediary banks and their leasing subsidiaries for targeted lending to SMEs, an increase of 55 percent compared to the year before.
New finance boss at Hitachi Capital Vehicle Solutions
Hitachi Capital Vehicle Solutions has appointed James Worraker as head of finance.