All articles by Antonio Fabrizio
Antonio Fabrizio
BVRLA launches new website
The British Vehicle Rental and Leasing Association (BVRLA) has launched a new website to provide more information and better services to its members.
1car1 goes into administration
UK car and van hire business 1car1 has gone into administration, leaving 200 people without a job, and with another 600 at risk.
LeasePlan continues growth despite RV drop in the UK
Despite LeasePlan facing significant pressures in its key country businesses, particularly the UK and France, the Dutch lessor expects profits to grow year-on-year. A spokesperson for the company said: Next to the ongoing credit crunch we see a deterioration of residual value developments in some of the larger countries of the group, especially in the UK and Spain. Notwithstanding that, the outlook for the whole year is positive and the expectations are that the net profit of the continuing operations will exceed the level of year-end 2007.
Volvo Financial Services sign string of deals despite credit crunch
Volvo Financial Services sign string of deals despite credit crunch In early October, fresh-produce distributor Fowler Welch Coolchain signed a service-inclusive contract-hire deal with Volvo Financial Services for the provision of 10 articulated FH-480 trucks, with a further 30 to be delivered in December.
Italian leasing arm of GE bolstered by giant swap deal
GE Capital has bolstered its Italian leasing arm with the long-awaited acquisition of Interbanca.
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Porsche’s majority buy of Volkswagen sparks questions over leasing arms
Have the worlds of car and commercial vehicle manufacturing and also their respective finance businesses changed forever?
All change in Italian leasing as market plummets 21%
Real estate takes biggest hit, plunging 34%, leading to calls for strong and well-constructed action from government to help relaunch investments of businesses and the SME sector.
Banks’ merger triggers leasing restructuring
The merger between Commerzbank and Dresdner Bank has triggered a major reorganisation within the leasing activities of the group.
Bus registrations hold out, coaches drop
Bus registrations in the UK showed a positive trend in February, while coaches and minibuses continued to decline, according to figures from the Society of Motor Manufacturers and Traders (SMMT).
All change in Europe’s M&A in 2008
European M&A activity within the financial sector (FS) in 2008 was characterised by increased government involvement and more focus on domestic priorities, a report from PricewatershouseCoopers has found.