Dealers are being warned that claims made through self-funded warranties could well exceed the any funds set aside.
New data released by the Finance & Leasing Association (FLA) reveals an 8% increase in consumer car finance new business volumes in April
Vik Hill, the long serving chief executive of Santander Consumer UK, is retiring this week after more than two decades heading the automotive finance business.
Aston Martin has selected Lloyds Banking Group as its retail finance provider for UK car sales.
The UK financial watchdog, the FCA, has moved to allow a ‘significant’ number of firms to recommence sales of GAP insurance to car buyers, following its action to improve fair value.
Go.Compare and Carwow have launched a strategic 12-month partnership to help inform customers on insurance.
JLR says it has made progress in addressing some of the rocketing insurance costs its customers are experiencing because of theft concerns from the motor insurance industry.
Multi-brand rental business Leasys UK is expanding to offer short-term rental services.
Close Brothers Motor Finance is now running remote identity checks into finance applications.
Used car finance is expected to fall by 5% this year to £21 billion while new car purchases are forecast to grow by 5% to £18bn
Efforts to fulfil new Consumer Duty requirements are paying off with new research suggesting car buyers are more than satisfied when buying finance online.
The Motor Ombudsman has entered into a partnership with insurance broker Howden
The UK financial watchdog has told several online providers of GAP insurance that they can continue to sell their products until the end of April.
The Financial Conduct Authority (FCA) has identified shortcomings in how some motor insurance firms are valuing written-off or stolen vehicles.
Martin Lewis has confirmed over 1.2 million are seeking compensation for overcharged interest when funding a vehicle on PCP or HP finance between 2007 and 2021.
The FCA has said it will start the process of reviewing firms’ treatment of vulnerable customers as it set out its plans for the next year.
Corporate general insurance provider Protector Insurance has selected AA Business Services as its accident management supplier.
Mel Bebbington has been appointed managing director of claims management and mobility business, Auxillis.
AM's latest Spotlight on Finance and Insurance Report has just been published and it can be read or downloaded here.
Cardiff-based Tandem Motor Finance has won a prestigious FLA ESG Award for exemplary commitment in consumer funding
Consumer champion Martin Lewis’s free tool for consumers to probe whether they were victims of discretionary commission agreements (DCAs) has logged the filing of over half a million complaints.
Older drivers are more likely to buy extended warranties, service plans and breakdown cover in the knowledge that repair bIlls could run into four figures.
Eight out of ten insurance firms have agreed to pause sales of Guaranteed Asset Protection (GAP) insurance at the request of the financial watchdog.
Dacia UK is hoping a new lease product, 'Flex', will tempt its Duster buyers into taking two bites of the cherry in 2024, by allowing them to minimise their commitment to long-term vehicle ownership.
