All articles by Antonio Fabrizio
Antonio Fabrizio
ACEA supports pan-EU scrappage schemes
Market incentives and car scrapping schemes could help EU countries soften the impact of recession, according to the European Automobile Manufacturers Association (ACEA).
Banca Italease restructured
It is all change at Banca Italease following months of uncertainty Last month shareholders agreed to a restructuring of the embattled leasing company This took place days after four of its former heads were sentenced to between 18 and 32 months in jail for their involvement in criminal activity at the company.
No time like the present
The battle cry coming from the leasing industry at present is: “Spend money now if you want to save money later.”
Bombardier train leasing deal for Lloyds TSB
A train leasing deal involving Lloyds TSB has recently been signed.
Europe’s CV registrations fall 35% in Q1
Commercial vehicle registrations declined by over 35 percent in the first quarter of 2009 across Europe, industry figures have shown.
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Lessor enters the ring
It appears that Kingsley Asset Finance is the only leasing company to have taken literally the expression step into the ring and fight in order to stay afloat during the current economic downturn After all, this Chorley-based company in February sponsored boxer Michael Jennings during his world welterweight fight at New Yorks Madison Square Garden.
Signs of life bring relief for CV lessors
In the first months of 2009, auction houses in the CV sector are finally seeing signs of recovery after what has been dubbed the toughest year in a decade for van and truck sales.
NetSol signs JV with Saudi group
NetSol Technologies, the global leasing software provider, has signed a joint venture with Saudi Arabias Atheeb Group to operate in the Middle East.
Latvian leasing market back to 2004 levels
Latvias leasing market has returned to 2004 levels, according to Nordea Finance Leasing, one of the leasing subsidiaries of the Scandinavian-based banking group.
Fighting on all fronts
The commercial vehicle sector might be struggling to survive in these challenging times, but there is some room for optimism as resale values begin to grow. Antonio Fabrizio reports,