All articles by Antonio Fabrizio
Antonio Fabrizio
CNH and KAMAZ to establish JV in Russia
Agricultural and construction equipment manufacturer Case New Holland (CNH) and KAMAZ JSC, the Russian heavy truck maker, have agreed to establish a joint venture and develop an industrial and commercial alliance in Russia The joint venture, which is set to commence in 2010, will allow Fiat-owned CNH to produce CNH agricultural and construction equipment in KAMAZs centre in Tatarstan, and benefit from KAMAZ’s dealer network in the country.
Head of finance at Bank of America retires
Godfrey Smith, a principal at Bank of America Leasing, has recently retired after a long career in the leasing industry. Smith, who in his last role was finance director for the leasing business of BoA, worked at the lessor for almost 20 years
Daimler FS starts JV in United Arab Emirates
Daimler Financial Services has just launched a new joint venture in the Middle East, the company has announced. The Berlin-headquartered captive has joined forces with Abu Dhabis Al Fahim Group and Dubai-headquartered Garish Enterprises, to offer loans and leasing to local private and business customers for both cars and commercial vehicles.
UK van registrations drop, trucks have temporary boost
Van registrations in the UK continued their drop in September, while trucks were given a temporary boost, the Society of Motor Manufacturers and Traders (SMMT) has said. According to SMMT figures for September, registrations were 234,325 for the rolling year, down 37.8 percent. For the rolling year, van registrations were 39.7 percent down, while truck registrations showed a 28.3 percent decline.
Money to be made in LPGs?
With good RVs and excellent green credentials, Antonio Fabrizio discovers it is no surprise that some lessors and lessees are muscling-in on the liquefied petroleum gas vehicle market.
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One to watch: HBJ Gateley Wareing
HBJ Gateley Wareing has distinguished itself by expertise in marine finance and litigation
Down in the dumps
Both the Spanish and Portuguese leasing markets have seen dramatic declines in new business, particularly in the SME and real estate sectors. Antonio Fabrizio reports.
Lending to SMEs
Although UK lessors have not so far showed much interest in loans to SMEs provided by the EUs European Investment Bank, their large continental counterparts are doing so in droves
Russian government to sell stake in Rosagroleasing
The Russian government is considering selling state-owned Rosagroleasing, it has been reported.
New market opportunities
NetSol and White Clarke have both entered developing markets. Antonio Fabrizio examines local competition and how they have faced up to local difficulties.