Car buyers’ ‘increasing arrears and default rates for customers with the lowest credit scores’ are among areas of consumer credit which remain a concern, the FCA has stated in its annual report.
Close Brothers Motor Finance employees have raised £31,000 for the NSPCC and Cancer Research UK by completeing a series of grueling challenges for charity.
Gerry Kouris of Alphera Financial Services outlines a need for a common approach to F&I training and accreditation and
The consumer new car finance market grew by 15% by value and 10% by volume year-on-year in May, according to the latest data from the FLA.
The Financial Conduct Authority (FCA) has issued 38 final notices to dealers in the first half of this year.
Renault has announced that between July 3 and October 1 it will offer 0% PCP finance across its entire range, with an additional £1,000 off part exchange.
Kia has put together a collection of deals for Q3 this summer including £1,000 off any of Kia’s three hybrid models if customers test drive and then buy.
Latest PCP pricing puts alternative technology on price parity with traditionally engined cars.
Arnold Clark has signed up with Smart Insurances services to supply their minor damage insurance product across its 200 branches in the UK.
BMW Group’s Alphera Financial Services has launched IMI-backed Quality Assured Programmes (QAPs) to ensure high standards in the sale of F&I products.
EMaC has launched a partnership with payments and consumer finance provider Klarna to offer a new ‘Drive Now, Pay Later’ programme designed to deliver a flexible aftersales offering for car dealers.
The number of UK drivers considering EV ownership has doubled in the past year according to Close Brothers Motor Finance's Britain Under the Bonnet report.
The Warranty Group has been acquired by New York-based insurance specialist Assurant in a move which aims to “further cement” its global lifestyle growth strategy.
Raphael Finance has quit the motor finance and asset finance markets.
This short film from Alphera looks at building F&I performance through education and accreditation.
While April’s 10.4% increase in new car registrations can be partly explained by the strength of offers in Q2
Suzuki GB will launch its new Swift Sport performance hatchback with a £1,500 discount available to customers who buy the car before the end of June.
Startline Motor Finance has welcomed Kevin Mooney as its new head of business intelligence to provide “expert data analysis”.
“Car dealers need to make their pretty websites into e-commerce platforms”, iVendi chief executive James Tew has insisted following the publication of the finance specialist’s first-ever Report on Online Motor Retailing.
Alphera Financial Services has picked up two awards for its innovation and customer service at separate industry events.
The new and used car markets can be a bit of a challenge during the month of April with plenty of distraction for the retail consumer often leading to a patchy month in terms of both demand and sales.
Santander Consumer Finance (SCF) has been selected by McLaren Financial Services to be its exclusive financial partner for the UK market - paving the way for flexible finance on the British-built supercars.
PCP car finance offers continued to dominate the sector in April with a 21% increase in volumes over the same period in 2017, enquiryMAX has revealed.
Startline Motor Finance has seen franchised car dealerships achieve 50% penetration with a new “flexible prime” PCP product launched only last month.
The number of used car buyers saddled with outstanding finance on their new vehicle rose from one-in-four to one-in-three during 2017, claims HPI.
