The number of dealerships now recognised as ‘SAF Approved’ under the Finance & Leasing Association’s (FLA’s) Specialist Automotive Finance (SAF) initiative has reached 2,000.
Liz Grindall has been promoted at Mondial Assistance UK as the insurer restructures its organisation.
Dealers need to rethink their F&I strategy as car buyers are more likely to shop around on a much wider scale for the best finance deal in much the same way as they would for the car itself, warns Peter Landers, consumer finance expert with Grant Thornton’s Leasing & Consumer Finance advisory team.
Skurrays Group has signed up to offer the Safe & Sound warranty package from WMS.
The new car finance market grew by 48% by value and 42% by volume in July when compared with July 2011 – the strongest monthly growth so far this year.
Paper finance agreements will soon become a thing of the past in Renault and Nissan showrooms.
Grants Seat in Essex has reinstated its five year warranty deal in time for the September plate-change.
Alfa Romeo is offering 0% finance on its Giulietta for the plate-change month of September.
Take part in our survey on finance companies to win an iPad or supercar driving day which closes today.
Payment protection insurance (PPI) continues to take the top spot for complaints to the Financial Ombudsman Service with 1,500 cases each day.
The value of new car finance increased by 38% and the number of cars bought on finance rose by 27% in the Q2 this year in comparison to the same period in 2011.
Suzuki is launching a new dealer finance product in partnership with Black Horse.
Suzuki GB has pledged to continue its 20% discount, promoted as VAT free, until the end of September.
Great Wall business customers can now secure a Steed pick-up on finance with a £1 deposit.
A new report by the influential All-Party Parliamentary Motor Group (APMG), ‘Delivering opportunities: Automotive investment for growth’, calls on the government to ensure companies can access the finance they need.
Dealers that are customers of MotoNovo Finance and have websites built by Raszor or Spidersnet can now incorporate a free online finance calculator and online finance application into their websites.
The Bank of England has kept interest rates at 0.5% and will inject £50 billion into the UK economy over the next four months through quantitative easing (QE).
Payment protection insurance (PPI) made up 56% of the total complaints to the financial ombudsman between April and June.
HPI has relaunched its seven-day free insurance programme with its new partnership with Swinton.
Eastern Western Motor Group and Hartwell are the latest high-profile motor dealers to become Specialist Automotive Finance (SAF) approved.
New car sales on finance grew 41% by value and 29% by volume in April year-on-year according to the latest figures from the Finance & Leasing Association.
The June issue of AMe is now live, featuring fresh new content separate to the magazine edition.
The UK’s short-term business prospects have improved, with the consensus on current trading reaching a 12-month high.
In a bid to help make motor insurance more affordable the Royal Society for the Prevention of Accidents (RoSPA) has signed an exclusive agreement which will enable insurance premiums to be based on an accurate level of individual risk, rather than traditional proxies such as age, gender and postcode.
Hitachi Capital is to enter the UK motor finance market.
