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Tax changes given lukewarm welcome

Tax changes given lukewarm welcome

Car finance experts have told Motor Finance that changes to the top and bottom personal taxation in Wednesday’s Budget will minimally impact retail.Free

Ignition Credit takes on two new faces

Ignition Credit takes on two new faces

The motor finance division of Ignition Credit has appointed Melanie Moyle and Lisa Daniels to its team, each returning after a break from the industry.Free

Wholesale upturn for GMAC

Wholesale upturn for GMAC

Ally Financial subsidiary GMAC has added wholesale financing for MG Motors to its UK portfolio, weeks after being named Best Auto Finance Company 2012 by the Institute for Transport Management.Free

Fuel duty dominates UK fleet Budget response

Fuel duty dominates UK fleet Budget response

Leading figures from the fleet sector have given a mixed response to the UK coalition government’s 2012 budget on Wednesday, although displeasure at the coming rise in fuel duty was unambiguous.Free

Outstanding finance on 10% of motorbikes – HPI

Outstanding finance on 10% of motorbikes – HPI

A tenth of all motorbikes reviewed by vehicle checker HPI in 2011 had outstanding finance on them, while 7% had been written off by insurers and 7% had a number plate change in their history.Free

BCA and Lex hit 103% CAP in convertibles sale

BCA and Lex hit 103% CAP in convertibles sale

Over 500 cars have been sold at the latest of British Car Auction’s convertible car sales, averaging nearly £9,000 per car and 103% of CAP clean.Free

Motors.co.uk bought by Manheim

Motors.co.uk bought by Manheim

Car services provider and auction specialist Manheim has acquired Motors.co.uk, the second-largest online used vehicle classified trader in the UK.Free

Alphabet and BMW launch new car share scheme

Alphabet and BMW launch new car share scheme

Fleet lessor Alphabet has launched a new type of corporate car-sharing scheme in the UK, designed to cut the cost of pool car fleets.Free

New car sales down further in EU than UK

New car sales down further in EU than UK

February new car sales fell 9.7% year-on-year across the EU, according to the European Automobile Manufacturers’ Association, and by 9.5% across all European nations according to information supplier Jato.Free

Fleet Friday: Ryder, Asset Alliance, Citroën

Fleet Friday: Ryder, Asset Alliance, Citroën

Commercial vehicle hire company Ryder has announced a £25m upgrade of its rental fleet in the UK, fleet lessor Asset Alliance has received a £25m funding injection and Citroën has signed a contract hire deal.Free


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