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Car Finance: ING withdrawal sees Bridford & DSG merge
Thu, 22 Nov 2012The withdrawal of ING from the UK car finance market has led to the merger of Bridford Financial Solutions and DSG Financial Services. The resilience of the UK’s luxury car market is, to a great degree, driven by the availability of decent finance deals to secure a sale, and much of that business was underwritten by ING. But ING has withdrawn from the UK car finance market.
CPP comments as investor Vladimir Antonov loses his bank. Arrest warrant issued.
Thu, 24 Nov 2011Vladimir Antonov - Arrest warrant issued over Snoras Bank collapse Russian businessman Vladimir Antonov has been busy buying up a raft of car companies (and Portsmouth FC) in recent years. But there are now big questions about how he financed that. Vladimir Antonov is the main shareholder in Lithuanian Snoras bank (he owns 68 per cent) and in Latvijas Krajbanka via a 60 per cent stake owned by Snoras.
CAR reader Lokinen remembers going eight up in a Woody
Wed, 23 Sep 2009By Lokinen Motoring Issues 23 September 2009 17:35 When dad's old farina Morris Oxford could be bodged through an MOT no more, he returned home one day with an Old English White 'Woody' Mini Traveller. Trouble was, there were four of us kids, aged from six to 11. On shopping nights we'd sit four abreast on the rear seat, at other times I'd choose the rear compartment and a couple of pillows.
