Mitsubishi and its global leasing division have disposed of their stakes in one of Turkey’s biggest car leasing companies, as foreign investors start hedging against the country’s currency…
Private equity firm to buy trailer lessor TIP from Chinese owners
British private equity firm I Squared Capital has agreed to buy truck trailer lessor TIP from Chinese conglomerate HNA.…
VW in talks to manage, supply fleet for China’s Didi
The Volkswagen group is in talks to manage and supply part of Chinese ride-hailing company Didi Chuxing’s fleet, it has been reported.…
Volvo’s leasing revenues down by 30% in first quarter
Geely-owned Volvo reported a slowdown in revenue from subscription, leasing and rental business, which decreased 30% year-on-year during the first quarter.…
Santander taps into China’s Road and Belt for trade finance
Santander will provide trade finance to enterprises involved in China’s “Road and Belt” cross-country infrastructure initiative.…