AM's regular columnist Professor Jim Saker, president of the Institute of the Motor Industry, notes that external factors are increasingly forcing a change of thinking in a traditionally insular motor industry.
Opteven has launched a ‘next-level’ insurance product designed to help car owners get back on the road with a similarly priced vehicle if their car is written off
Start-up Jigcar has completed a £750,000 pre-seed funding round.
Lex Autolease has reported a staggering drop in pre-tax profits of over £400 million, according to newly-filed accounts.
Many insurers and brokers are still failing to demonstrate fair value despite industry efforts to improve governance and oversight regarding Guaranteed Asset Protection (GAP) products.
Pendragon Vehicle Management (PVM) has appointed Phil Wilbraham as its new group vice president, following its acquisition by Lithia.
While there are positive signs of an industrial strategy for automotive and investment in EV infrastructure, the new government's actions will be determined by political uncertainty and competing national priorities.
New car finance business volumes and value both dropped by 3% over the first half of 2024, according to data from the FLA.
NatWest Group has announced that Paul Edwards has been appointed to lead the banking group’s business asset finance business, Lombard
The Financial Conduct Authority has found "issues" in the ways that motor finance was offered or incentivised in the past and the ongoing review will determine the breadth of those issues, and what system of redress will be needed. That's according to FCA chief executive Nikhil Rathi.
The insurance giant Admiral Group is preparing to enter the UK's point of sale motor finance market and it will soon be looking for car dealer partners.
Short-term insurer Tempcover and Cap HPI are joining forces to help dealers close more sales with insurance cover ranging from one hour to 28 days.
Mike Todd, chief executive of Volkswagen Financial Services UK, says the automotive sector needs to ensure the Consumer Duty standard remains a driving force for continual improvement as it looks to meet the changing demands of customers.
The leasing sector is increasingly turning to used car leasing to adapt to volatility in the electric vehicle (EV) market.
Asset finance provider Lombard, is launching a new leasing offering specifically for electric and plug-in hybrid vehicles.
Motor industry organisations have reacted to suggestions that dealerships and garages should be able to do more to deter motorists from driving off in a car or van that has unresolved safety-critical faults identified by vehicle technicians.
Car ownership remains crucial for young people, with the need for a vehicle increasing among 17-24-year-olds, Auto Trader's latest consumer analysis reveals.
The financial watchdog at the heart of the finance mis-selling probe has hit back at Barclays’ bid to quash a key ruling.
Steve Salvin, chief executive of Milton Keynes-based tech firm Aiimi, discusses how motor retail companies can ready their data for an influx of Data Subject Access Requests (DSAR) from consumers hoping for a payout from historic car loans.
EV adoption is to be at the heart of Motability Operations which is committing to keep pricing low for it 760,000 disabled customers.
BNP Paribas Personal Finance UK and Arval UK have won a competitive tender process to help Britain's drivers with their purchases from the Chinese car brands Omoda and Jaecoo.
Car subscription service Dribe reports a surge in interest from British car distributors in its digital end-to-end platform and subscription model.
Gates Ford which operates nine sites across Essex, Hertfordshire and Greater London has launched the iStoreDOCS platform
Three-quarters of car buyers are considering finance options offered by dealers, despite only half of them feeling comfortable with the process.
Shawbrook Group plans to broaden its portfolio by buying specialist motor finance lender JBR Auto Holdings.
