HR Owen has launched another division of its business with a bespoke insurance concierge service for its high-net-worth clients.
Finance and insurance products face more regulation and scrutiny, but there are still ways for dealers to boost profits.
FINANCE specialist Moneyway’s Motor Finance has extended its product range to offer customers and dealers added flexibility with the option of 120 per cent loan-to-value.
Insurance companies coping with the FCA’s new GAP regulations have nevertheless seen continuing growth in the past year.
Moneyway has confirmed it will start rolling out its product aimed at prime customers at the start of next year after piloting the idea since April.
WhatCar? is advising its readers to buy a new car instead of a one-year old version of the same model due to competitive finance and low interest rates.
Welsh drivers are the most wary of driverless car technology according to a new YouGov survey.
Consumer new car finance was up 10% by volume and 16% by value in September, compared with the same month last year, according to figures from the FLA.
Miscalculated mileage on finance products and non-maintained contracts could provide claims companies with their next target once the PPI window closes.
Digital search dominates how customers find their next car, but other areas are still important, according to new research by MotoNovo Finance.
The RAC has warned that next week’s increase in Insurance Premium Tax (IPT) from 6% to 9.5% will hit young motorists hardest.
The UK automotive industry will struggle to prepare for new General Data Protection Regulation (GDPR) due to a lack of consultancy services.
A study by Hitachi Capital Motor Finance claims dealers could miss out on as much as £246 million a year in finance revenue on used vehicles.
Vanarama, the commercial vehicle leasing provider to UK trades, is expanding its business to lease cars too.
Consumer confidence, dealer expertise and support from finance houses have led to PCP success in the past 12 months.
Carfinance247 has launched a new service on its website that puts customers that have applied for finance in touch with dealers that can sell them a vehicle.
The majority of delegates at the Finance & Leasing Association’s (FLA’s) latest conference (62%) said they felt well prepared for the new FCA regulatory regime.
A new report has called into question the manner in which solicitors are providing evidence of vehicle rental rates in disputed car accidents.
Volkswagen Financial Services has appointed Iker Lazzari to the newly created role of head of sales and marketing.
John McConnell has stepped down as group finance director at Inchcape.
Dealers are likely to experience more intrusive relationships with their finance suppliers under stricter rules made by the Financial Conduct Authority (FCA).
Vauxhall has extended its insurance offer on selected Adam and Corsa models.
GAP insurance sales were flat in September, according to data from supplier AutoProtect.
Stock funding provider Next Gear Capital has said dealers’ used car buyers are becoming increasingly “discerning” stock condition.
James Tew, Ivendi chief executive, believes the industry needs to be offering more choice for motor finance at point of sale to avoid further FCA regulation.
