Startline Motor Finance has warned that an uplift in used vehicle prices prompted by WLTP-sparked new car shortages “will not resolve quickly”.
Peugeot UK has launched a range of ‘Black Friday’ new car offers via its Order Online car retail portal – with offers available from today.
AutoProtect’s founding management partners have sold a 50% interest in the business to their joint-venture partners Correlation Investments Limited (CIL).
With the Financial Conduct Authority (FCA) set to publish the findings of its review of the motor finance sector in November, it’s fair to say that car dealer sales practices have never been under greater scrutiny than over the last 12 months.
Car sharing marketplace Turo claims to have launched the “Airbnb of cars” in the UK and claims it will help UK car owners earn more than £6,000 a year from their idle vehicles.
The Finance and Leasing Association’s (FLA) latest published figures showed that consumer car finance business volumes declined by 16% at the point of sale during September.
Dealer’s trialling Santander Consumer Finance (SCF)’s newly-launched free online finance calculator have reported strong customer demand.
Nissan announced a variety of new PCP offers including 0% APR representative, deposit contributions and cost-saving service plans.
London Fire Brigade dispatched 125 firefighters to tackle a blaze at the Imperial Cars supercar showroom in Romford.
The days of owning a car are numbered. It’s not about ownership anymore – it’s about usership.
Alphera Financial Services comments on the upcoming FCA findings of the motor finance sector and urges dealers to be more transparent with financial information
Changing appetites towards risk in unsecured lending could open opportunities for used car dealers in a £58bn market.
Some manufacturers have cut targets for Q4 if they know they are unable to get WLTP stock through to the network quickly enough
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
If businesses fail to innovate, they cease to be able to compete. But achieving innovation is tricky.
Leasing companies are increasingly appealing to more consumers through offering personal contract hire (PCH), however Arval’s UK managing director, Miguel Cabaça, has warned them not to lose sight of their corporate market.
As wider consumer trends and preferences change, successful companies such as Netflix and Spotify provide evidence of a growing move towards ‘subscription’ services.
Volkswagen Financial Services UK (VFSUK) has appointed former chief commercial officer Mike Todd as its new chief executive officer, succeeding David Maloney.
Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
Cox Automotive and Grant Thornton have delivered analysis of diesel car sales, vehicle ownership trends and continued retailer consolidation ahead of Brexit after teaming-up to produce an automotive sector Insight Report.
Seat emerged as the car manufacturer offering new car customers the biggest discounts in the latest Target Price report compiled by What Car?.
Trade prices for used cars have reached such a high level that dealers relying on finance and insurance (F&I) for profitability, the Vehicle Remarketing Association (RMA) has said.
A new search tool has been added to the core Vauxhall web site, using iVendi technology to help customers find the right car for their budget.
The number of cars sold on finance grew by 9% in August, when compared to figures for the previous year.
A gang of more than a dozen car thieves have carried out a late night raid on an independent used car dealer in Sheffield – making off with 14 vehicles worth around £120,000.
