Commerical vehicle finance sector reports 23% fall in new business during March


 

The commercial vehicle finance sector reported a fall in new business of 32% in March, reflecting the measures taken by the government to deal with the coronavirus crisis. New figures released by the Finance & Leasing Association (FLA) also showed that the plant and machinery finance sector saw a reduction in new business of just under a quarter (23%), compared with the same month in 2019. IT equipment finance was the only asset sector to report growth in March, with […]