Lombard

News

Industry jobs: Roles filled at Bosch, Lombard, Pave, National Windscreens, Tracker and DMN Group

The latest industry appointments, including Steffen Hoffmann appointed as MD of Bosch for the UK and Ireland.

appointments 1 Aug

electric vehicle funding, plug-in car grant

News

NatWest Group bond issue raises £631m to finance electric vehicles

The cash will be exclusively used to finance or re-finance electric vehicles by the bank’s asset finance arm, Lombard.

Fleet funding 30 Jul

News

Lombard enters salary sacrifice market with new product

Lombard has launched a new salary sacrifice solution for fully electric and plug-in hybrid electric vehicles.

Salary Sacrifice 17 Jul

row of electric cars outside houses of parliament

News

Speed of EV technology leaves fleets hesitant to invest

The demand for electric vehicles (EVs) is beginning to grow, but businesses are hesitant to ‘take the plunge’, according to Lombard’s managing director Ian Isaac.

24 Jun

News

Europcar refinances rental fleet

Europcar has signed a funding agreement with Lombard, the asset finance arm of the Royal Bank of Scotland.

19 Feb

News

Hitachi acquires 9,000 vehicles from Lombard

Lombard Vehicle Management (LVM) has wound down its contract hire and leasing business earlier than expected with the sale of 9,000 cars and LCVs to Hitachi Capital Vehicle Solutions for an undisclosed sum.

22 Apr

News

Funders commit in the wake of ING's departure

Funders are reiterating their commitment to the UK asset finance market following the announcement by ING Lease that it is shutting down its UK leasing business.

8 Nov

News

Lombard and ALD Automotive launch Lombard Vehicle Solutions

ALD and Lombard have confirmed they will launch Lombard Vehicle Solutions (LVS), a vehicle contract hire and fleet management service that will offer a wide range of leasing options, from a single vehicle to large corporate fleets in July.

26 Jun

News

RBS signs deal with ALD as it closes Lombard Vehicle Management

The Royal Bank of Scotland (RBS) will wind down its car and van leasing business Lombard Vehicle Management (LVM) over the next few years.

7 Feb

News

New MD at Lombard Vehicle Management

Simon Recaldin has been named as the new managing director of Lombard Vehicle Management replacing Stuart Houlston, who moved to a new role in April.

4 Oct

News

RBS calls off talks with GE over Lombard

Royal Bank of Scotland (RBS) has pulled the plug on talks to sell Lombard Vehicle Management to General Electric (GE) after failing to agree on the price and structure of a deal, according to Sky News.

28 Jul

News

Seismic changes in store for contract hire industry

Two of the country’s biggest contract hire companies are believed to be very close to being sold. ING has confirmed it is talks to sell its Car Lease division in a deal reported to be worth £3.5 billion, while the Royal Bank of Scotland (RBS) is keen to offload Lombard Vehicle Management.

7 Jul

News

Fleet Efficiency grows thanks to Lombard

Lombard has provided a funding solution that it says has helped to enable Fleet Efficiency to both expand its business and reduce costs at the same time.

19 Apr