Jon Lawes, the managing director of Novuna Vehicle Solutions, has been named the new chair of the BVRLA
BNP Paribas Rental Solutions and its contract hire business in the UK has been acquired by Novuna Vehicle Solutions
LEASING brokers funded by Hitachi Capital Vehicle Solutions will need to update their websites in spring next year: the leaseco is rebranding to Novuna Vehicle Solutions. Why the change? The change in trading style follows the merger earlier in the year of Hitachi Capital Corporation with Mitsubishi UFJ Lease and Finance Company Limited, forming Mitsubishi HC Capital Inc. The new name is…
A GROWTH in personal leasing contracts has helped Hitachi Capital Vehicle Solutions post a £25.7m pre-tax profit for FY19/20, increasing annual growth by 4%. The broker funder’s personal leasing book – marketed through brokers and dealers – grew by 20%, taking the fleet to over 26,000 vehicles. Further growth came from a £136m contract signed with Network Rail in May 2019. This…