Mar 30, 2017
AVAILABLE NOW, FREE OF CHARGE The asset finance market continued to grow in 2016, in spite of fears of what might happen in the aftermath of the vote to leave the EU and shows little sign of slowing. There are genuine concerns about the potential effects of Brexit, even though the UK won’t be exiting the EU until 2019. Tariff and barrier-free trade is critical to the future UK automotive production post Brexit as the majority of components used in UK-built vehicles come from Europe. Concerns expressed in the industry include the potential impact of Brexit on interest rates, currency exchange rates and the effect this could have on pricing and inflation. Auto finance deals are expected to remain very competitive. Dealers need to ensure customers understand the benefits of finance. Keeping up with developments in finance technology is paramount. INCLUDES LEADERS' INSIGHTS Rob Abrahams, Head of Market Development, carwow Chris Bosworth, Director of Strategy, Close Brothers Motor Finance Dean Bowkett, Managing Director, Bowkett Auto Consulting Austin Collins, Managing Director, BuyaCar.co.uk Adrian Dally, Head of Motor Finance, Finance & Leasing Association Sébastien Duval, CEO, AUTOi David Hosking, CEO, Tusker Richard Jones, Managing Director, Black Horse Gerry Keaney, Chief Executive, BVRLA Alastair Kendrick, independent company car taxation consultant Jon Lawes, Managing Director, Hitachi Capital Vehicle Solutions Rupert Pontin, Director of Valuations, Glass’s Kit Wisdom, Head of Technical Services, Alphabet GB Limited
Nov 01, 2016
AVAILABLE NOW, FREE OF CHARGE New business volumes in the US equipment leasing market grew by 12.4% to $123 billion in 2015 Independent lessors experienced the strongest rate of growth in 2015, although this segment still trails banks and captives for market share. In 2015 the equipment finance market was dominated by the transportation, IT, construction, and agriculture segments, although of all market segments only transportation, IT and construction saw any growth over the previous year, and the only significant growth was in transportation. Business confidence has slumped, following a general downward trend since early 2015. Confidence among small businesses is also falling, leading to a cautious attitude to borrowing and investing in their businesses. New vehicle sales are down after 66 straight months of growth. Fleet sales are growing, as is the volume of new vehicles financed by leasing which now accounts for around one-third of the market. FULL SUMMARY OF FINDINGS - SEE PAGE 4 OF THE SURVEY INCLUDES LEADERS' INSIGHTS Gary Amos, CEO of Commercial Finance Americas, Siemens Financial Services Bill Bosco, Principal, Leasing 101 Jonathan Dodds, Chief Executive Officer – Americas, White Clarke Group Chris Enbom, CEO, Allegiant Partners Brendan Gleeson, Group CEO, White Clarke Group Dave Mirsky, Chief Executive Officer, Pacific Rim Capital Tom Partridge, President, Fifth Third Equipment Finance Bob Rinaldi, CEO, Commercial Industrial Finance Alan Sikora, CEO, First American Equipment Finance, a City National Bank company Bill Stephenson, CEO and Chairman of the Executive Board at DLL Adam Warner, President, Key Equipment Finance Marguerite Watanabe, President, Connections Insights Stephen Whelan, Partner, Blank Rome LLP
Nov 12, 2015
AVAILABLE NOW, FREE OF CHARGE There was a return to growth for the Australian equipment finance industry in 2014, with total new business volumes increasing by 2.4% to A$41.9 billion. The general equipment finance sector accounted for 17% of total NBV in 2014, of which slightly more than one-third was from operating leases, while finance leases provided the remainder. NBV for cars & light commercial vehicles continues to grow; however, the mining, earthmoving & construction sectors continue to decline. In the auto fleet sector, data shows that although the total portfolio increased only marginally over the 12 months to August 2015, this was an improvement over the previous 12 months. Market share by type of facility remains stable, with operating leases in all forms taking over 60% of the funded total. Fleet leasing NBV returned to an average quarterly total in excess of A$1 billion. FULL SUMMARY OF FINDINGS - SEE PAGE 3 OF THE SURVEY INCLUDES LEADERS' INSIGHTS John Bills, Director, Australian Equipment Lessors Association (AELA); John Dennis, Managing Director, Australian Structured Finance Group; Nino Di Bartolomeo, Partner, Norton Rose Fulbright Australia; Colin Fleischmann, Director Asia Pacific, White Clarke Group; Craig Gee, Director, Marubeni Equipment Finance (Oceania); Michelle Gibbs, Director, CFO Advisory at KPMG Australia; Helen Gordon, Executive Officer, Australian Fleet Lessors Association (AFLA); George Lagos, Senior General Manager, Canon Finance Australia; Hugh Lander, Chief Executive Officer, BOQ Finance; Carmen Luk, Manager, CFO Advisory at KPMG Australia; Chris Pearson, CEO Asia Pacific, White Clarke Group; Joel Phillips, Director, Financial Services Tax at KPMG Australia.