Category: Trade Body Site

News – Fact sheet: future CO2 standards for heavy-duty vehicles

Europe’s truck manufacturers are willing to commit to ambitious CO2 standards, provided that these are realistic and in line with what is technologically possible and economically viable. Indeed, as this fact sheet shows, we need to ensure that the CO2 targets under discussion are also deliverable in practice. ACEA believes that the new regulatory framework… Continue reading News – Fact sheet: future CO2 standards for heavy-duty vehicles

Consumer finance new business up by 10% in August

5 October 2018
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business in August grew by 10% compared with the same month last year.
Credit card and personal loan new business together grew by 9% compared with August 2017, while retail store and online credit new business increased by 7%. Second charge mortgage new business fell 2% by value and grew 6% by volume over the same period.
Commenting on the figures, Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, said
“Growth in consumer finance new business in August reflected a strong retail sales performance over the same period. In particular, the value of retail sales made by household goods stores grew at its strongest monthly rate for more than a decade.”
Table 1: New consumer credit lending
Aug 2018
% change on prev. year
3 months to Aug 2018
% change on prev. year
12 months to Aug 2018
% change on prev. year
Total FLA consumer finance (£m)
8,172
+10
25,515
+9
102,751
+8
Data extracts:
Retail store and online credit (£m)
708
+7
2,175
+5
9,375
+9
Credit cards & personal loans (£m)
4,423
+9
13,274
+10
51,469
+9
Second charge mortgages (£m)
92
-2
282
-1
1,022
+2
Car finance (£m)
2,517
+14
8,607
+12
36,772
+8
Note to editors:
FLA members in the consumer finance sector include banks, credit card providers, store card providers, second-charge mortgage lenders, motor finance providers, personal loan and instalment credit providers.In 2017, FLA members provided £128 billion of new finance to UK businesses and households. £96 billion of this was in the form of consumer credit representing over a third of total new consumer credit written in the UK in 2017.For media enquiries, please contact the FLA press office on 020 7420 9656.

SALES OF CARS AND LIGHT COMMERCIAL VEHICLES IN SEPTEMBER 2018

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Press Releases – EU Parliament vote on CO2 targets for cars and vans: auto industry voices concerns

Brussels, 3 October 2018 – The European Automobile Manufacturers’ Association (ACEA) has voiced its serious concerns about the outcome of the European Parliament’s plenary vote on future CO2 reduction targets for cars and vans. “We remain particularly concerned about the extremely aggressive CO2 reduction targets and the imposition of sales quotas for battery electric vehicles… Continue reading Press Releases – EU Parliament vote on CO2 targets for cars and vans: auto industry voices concerns

Hanging over at Thyssen-Krupp

01.10.2018 Ι The reorganization at Thyssen-Krupp offers future prospects to the nearly 70,000 employees in Germany. IG Metall agreed to divide the group after the Supervisory Board guaranteed safe work. The employees of Thyssen-Krupp have been through a lot in recent years. Only the long conflict over the separation of the steel division. Then the… Continue reading Hanging over at Thyssen-Krupp