Northridge Finance sales director Alan Carson has announced that he is departing the business after 26 years.
Car manufacturers have responded to Government’s decision to cut its plug-in car grant with a mixture of frustration and tweaked finance offers to maintain their March sales.
MotoNovo has urged dealers to ‘be prepared’ for car buyers' greater levels of interest in a dealer’s finance commission.
Manchester-based car finance company Zuto has hired 100 new staff members since June 2020 to increase its workforce by 40% during the COVID-19 pandemic.
Marshall Leasing managing director Peter Cakebread is set to retire from the former AM100 PLC operation on April 30 – ending his 30 years at the helm.
The Finance and Leasing Association (FLA) has predicted a “strong recovery” from the consumer car finance sector after volumes declined by 35% as COVID-19 ‘Lockdown 3’ stalled trading in January.
Automotive ecommerce specialist iVendi has helped UK car retailers to facilitate £1.3 billion in vehicle sales in the past 12 months – up £200m despite the impact of COVID-19.
Automotive retail ecommerce specialist drivvn has appointed Sian Cutter as its new head of finance to support software as a service (SaaS) delivery to the sector.
UK accounting watchdog the Financial Reporting Council (FRC) has opened an investigation into Deloitte audit of Lookers PLC’s financial statements for 2017 and 2018.
Demand for subprime lending has more than doubled in the last year, according to motor finance broker Caerus Capital.
Alphera Financial Services has launched a new online finance and insurance (F&I) training programme, ‘Funding Essential Skills'.
Staff headcount at iVendi is set to “almost double” over the next three years, in support of expansion plans in the UK and Europe, says chief executive James Tew.
The FCA has told Lookers does not intend to apply any sanction against the car retail group following the decision to close its investigation into the ‘possible mis-selling’ of regulated products.
Daniel Glenn has joined iVendi as vice president of technical operations, responsible for building an IT team that will expand to support the company’s growth plans over the next three years.
The Financial Conduct Authority (FCA) has made a number of senior appointments, including naming a new chief operating officer.
Arval UK has appointed Lakshmi Moorthy as its new managing director, replacing Miguel Cabaca who is moving to role in Spain.
Jaguar Land Rover (JLR) will transform the Jaguar brand into a purely electric vehicle (EV) brand by 2025 and expects 60% of new Land Rovers to be zero-emissions capable by 2030.
ICDP has set aside a “pragmatic approach” to the evolution of motor retail in a new whitepaper which explores the impact of a ‘clean-slate’ shift omnichannel car distribution.
Kia president and chief executive Ho Sung Song has said that the Korean carmaker will be “reborn in 2021” with the launch of new mobility solutions and 11 new electric vehicles (EVs).
Mercedes-Benz commercial vehicle dealer group Rygor Commercials has promoted Tim Smith to the role of finance director.
Big brands Ford and BMW are using low rate, affordable finance offers to drive consumer interest to their dealers in Q1 2021
The Bank of England (BoE) has said that 70% of consumers will hold on to any savings they managed to accrue during COVID-19 lockdown.
Finance and Leasing Association’s (FLA) members feel there are ‘opportunities for growth’ this year – if the COVID-19 vaccination programme proves successful.
Mazda UK has added its new MX-30 electric vehicle (EV) to the list of cars eligible for savings of up to £4,000 in its CO2 emissions-reducing car scrappage scheme.
Volvo Car Financial Services UK has been launched as a joint venture between Volvo Cars and Santander Consumer UK.
