By Bart Vanham, TCOPlus As of January 1, 2013, the application of the deduction rules on (a.o.) cars changed in Belgium. Where before 50% of the VAT on cars could be deducted, the deduction is now limited to only the professional use of the car with a maximum of 50%. The authorities have proposed 3 […]
Chinese Reportedly Eyeing Stake in Daimler AG China’s sovereign wealth fund is reportedly looking to acquire a significant stake in Daimler AG, the German parent of automotive brands Mercedes-Benz and Smart. A report in the well-placed Communist Party newspaper the Peoples Daily is citing anonymous sources indicating that the China Investment Corp. is negotiating the […]
Ecofrotas manages more than 520,000 fleet vehicles for more than 9,000 clients in Brazil. Their focus is on improving their customers' operational efficiency while reducing their environmental impact. Luiz gives us some insight into how they do this and introduces us to their unique Carbon Credit Project.
The end of 2012 saw strong performance for US prime auto asset backed securities (ABS) while subprime loans again took a step back, according to the latest index results from Fitch Ratings. Subprime auto ABS performance has declined over the past six months, driven by the typical weak fall season going into late 2012, as […]