The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
Insurers will have to pay out claims on business interruption insurance policies amounting to hundreds of millions of pounds after a High Court ruling this week.
Startline Motor Finance is expanding its team with 10 new positions, following a record three-month trading performance.
The new and used car finance markets returned to growth in July as showrooms across the UK re-opened their doors following the COVID-19 lockdown period, the Finance and Leasing Association (FLA) has confirmed.
Car retailers should be compelled to familiarise and educate customers with new in-car technology as part of new responsibilities towards road safety, according to IAM Roadsmart.
Mervyn Stewart has launched a new Select Used Cars business after £2 million in new funding allowed the business to acquire and redevelop the site of its former Infiniti dealership in Belfast.
The NFDA has published a new consumer-facing car buying guide to help boost market confidence ahead of the crucial September number plate change month for retailers.
Car dealers and automotive businesses are being urged to apply for the Government-supported Coronavirus Business Interruption Loan Scheme (CBILS) before the window closes in September.
Alphera Financial Services has appointed BMW/Mini national leasing manager Adam Harley as its new head of key accounts.
The PSA Group will add a Free2Move Rent offering to its cross-brand mobility division in a bid to take advantage of growing demand from customers for flexible rental.
Circle Leasing has promoted Sarah Minogue as the its new head of sales after demonstrating her "leadership skills" in COVID-19 lockdown.
Volkswagen UK has introduced a 0% APR finance payment option on aftersales work and accessories across the majority of its retail network.
The Finance and Leasing Association (FLA) has said that the consumer used car finance sector’s 9% growth by value and 2% by volume drove a market “bounce back” in June.
More than a quarter of PCP buyers are concerned about meeting future monthly payments on their next vehicle due to the impact of COVID-19, according to What Car?.
The AA has become a potential takeover target as it looks to raise funds to re-balance its books in light of a £2.65 billion debt.
Many will still need time to fully consider the content of the Financial Conduct Authority’s (FCA) final ruling from its motor review and the impending ban on discretionary commission models, published earlier this week.
Mercedes-Benz Financial Services (MBFS) has become the first car manufacturer finance house to be approved as a fully-accredited Coronavirus Large Business Interruption Loan Scheme (CLBILS) lender.
Auto Trader is targeting further automation of the car sales process following the acquisition of finance, insurance and compliance software platform AutoConvert.
The September plate-change campaign will be the next big test for new car finance offers
A new iVendi product provided to coronavirus crisis-hit vehicle retailers for free has been used to manage and negotiate more than £63m of vehicle finance deals in the last 10 weeks.
The Financial Conduct Authority (FCA) has confirmed its move to ban all discretionary commission models in motor finance to save car buyers £165 miilion-per-year and eliminate “conflicts of interest” in the sector.
Demand for low mileage car leasing deals has grown by 40% since the coronavirus lockdown measures were eased at the beginning of June.
Jaguar Land Rover (JLR) is introducing an interest free payment option for aftersales work across its retail network, following the appointment of Auto Service Finance (ASF).
A new integration between iVendi and RAPID RTC means 'improved lead generation and management' for dealers.
Durham’s Pulman car retail group has become the latest VW retailer to roll-out Volkswagen Financial Services’ new Rent-A-Car daily rental offering to customers.
