Some manufacturers have cut targets for Q4 if they know they are unable to get WLTP stock through to the network quickly enough
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
If businesses fail to innovate, they cease to be able to compete. But achieving innovation is tricky.
PCP accounts for more than 80% of the new car finance sold in the UK, but PCH is growing fast, mostly at the expense of hire purchase and personal loans
PCP still accounts for more than 80% of the market, but personal contract hire is growing faster than any other form of finance in new car retail
Leasing companies are increasingly appealing to more consumers through offering personal contract hire (PCH), however Arval’s UK managing director, Miguel Cabaça, has warned them not to lose sight of their corporate market.
As wider consumer trends and preferences change, successful companies such as Netflix and Spotify provide evidence of a growing move towards ‘subscription’ services.
Volkswagen Financial Services UK (VFSUK) has appointed former chief commercial officer Mike Todd as its new chief executive officer, succeeding David Maloney.
Auto Trader has reported that the average price of a used car offered for sales on a dealer forecourt reached a record high of £12,853 during September.
Cox Automotive and Grant Thornton have delivered analysis of diesel car sales, vehicle ownership trends and continued retailer consolidation ahead of Brexit after teaming-up to produce an automotive sector Insight Report.
Seat emerged as the car manufacturer offering new car customers the biggest discounts in the latest Target Price report compiled by What Car?.
Trade prices for used cars have reached such a high level that dealers relying on finance and insurance (F&I) for profitability, the Vehicle Remarketing Association (RMA) has said.
A new search tool has been added to the core Vauxhall web site, using iVendi technology to help customers find the right car for their budget.
The number of cars sold on finance grew by 9% in August, when compared to figures for the previous year.
A gang of more than a dozen car thieves have carried out a late night raid on an independent used car dealer in Sheffield – making off with 14 vehicles worth around £120,000.
Startline Motor Finance has predicted that dealers may shift their emphasis towards used cars in 2019 as a result of increased economic uncertainty.
New online motor finance broker FairSquare has launched a TV ad campaign focusing on its provision of ‘pain-free’ service online.
The Independent Automotive Aftermarket Federation (IAAF) has introduced two new trade credit insurance schemes, offering protection against the effects of bad debts.
A new range of four short animated videos about add-on products has been created by iVendi in an effort to support car dealers' online sales efforts.
Almost a third of car buyers who purchase their vehicle outright have left themselves short of cash after committing too much of their savings, an AA Populus survey has found.
Startline Motor Finance is expanding into larger offices following rapid growth over the last year.
Lawyers who led large-scale PPI mis-selling claims are poised to turn their attention on PCPs following the conclusion of the Financial Conduct Authority’s (FCA) investigation into car finance, it has been claimed.
Network Q has claimed the title of the market’s largest approved used car scheme to offer online motor finance following the adoption of technology from iVendi.
BMW retailers will be offering customers seven days of complimentary car insurance through a partnership between BMW Financial Services (GB) and insurance technology firm Wrisk.
Toyota makes £430 profit every second, according to a new tool from Staveley Head.
