Finance and insurance
Finance and insurance News
- FCA gives firms extra Consumer Duty guides as review finds laggards
- Zuto starts 2023 with surge in enquiries for used car finance
- Vehicle supply shortages ‘continue to weigh’ on finance sector recovery
- Stability will be key as EV revolution accelerates in 2023, opinion
- Renault Group dealers to support new Lease&Co finance subsidiary
- Thatcham to investigate EV collision repair costs
- AM's December magazine: Livingstone's ambition, AM Awards launch, Ora Funky Cat & future of finance
- Chinese EVs spark finance concerns for used car dealers
- Consumer car finance registered 2022’s fourth month of growth in October
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Change ahead for point of sale motor finance
Car finance sales opportunities remain for motor retailers despite tougher economic conditions, new business models and the upcoming FCA Consumer Duty requirements
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When will car subscriptions become mainstream?
Digitalisation and flexible monthly payments or usership plans could pave the way for further innovation in the field of vehicle finance
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UK recession is shifting the goal posts for consumer car finance
Armed with the right motor finance solutions, dealers are well placed to help buyers into their next used car despite the storm of high vehicle prices, rising interest rates and squeezed budgets.
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Tight deadline for FCA Consumer Duty plan approaches
As the October 31 deadline for implementation plans for FCA Consumer Duty looms, compliance experts share their advice for UK motor retailers.
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How is online retail affecting the role of car dealership business managers?
The role of the car dealership’s business manager is evolving – and digitalisation is playing its part in that change.
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Keeping car finance competitive amid BoE's rising interest rates
Car dealerships are facing a double whammy of rising overheads and diminishing consumer finances after the Bank of England (BoE) further increased interest rates this month to 1%.
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Is the end coming for in-showroom motor finance provision?
AM-online examines the impact of technology and e-commerce on the traditional in-showroom process of providing point of sale motor finance
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Supply and demand imbalance restrains car brands' Q1 finance offers
As Q1 draws to a close with what is likely to be a quieter than normal March plate change month, AM took a look at the new car finance offers being served up by some of the sector’s leading brands.
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Fixed rate finance model makes franchised car retailers 'transparent and fair'
The future of franchised retailers’ motor finance FCA ruling on discretionary commissions has lead to greater transparency, but few dealers are reporting any noticeable variation to income as a result.
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Independent car dealers' flexibility paid dividends after finance regulation changes
Independent used car dealerships and supermarkets have been best positioned to adapt to the Financial Conduct Authority (FCA) rule banning discretionary commission models that was brought into force last January.
