The Retail Motor Industry Federation has urged major clearing bank and finance houses to continue to support MG Rover’s used vehicle stock financing branch as well as other parts of the business.

Alan Pulham, RMI franchise dealer director, says: “There is some evidence that general unease in the aftermath of the MG Rover collapse has damaged the relationship between the finance industry and dealers.

“It is vital that the finance industry and the retail motor sector continue to work together.”