BMW Financial Services has added another insurance solution, Excess Protection Insurance, to its suite of motor insurance products.
F&I systems provider Frontline Solutions has appointed Christian Ingrey and Steve Lees to senior roles.
Despite a bigger compliance burden, finance levels have grown strongly, but what can dealers do to make sure volumes, values and penetration continue to rise?
To ‘treat customers fairly’, ask if you would be happy with how your dealerships treat your family and friends.
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.
Dealers are likely to experience more intrusive relationships with their finance suppliers under stricter rules made by the Financial Conduct Authority (FCA).
The first motor retailers received ‘landing slots’ for FCA credit authorisation in January of this year. Eight months on, dealers seem unfazed by the changes
Car manufacturer data can help franchised dealers spot the right time to target finance renewals.
AM has today announced it will once again host its popular F&I Compliance Conference following its hugely successful first one in 2014.
Car dealers selling GAP insurance have until September 1 to ensure new add-on sales rules are applied.
Motor finance provider Alphera Financial Services has appointed Spencer Halil as its new director.
The Financial Conduct Authority (FCA) has fined Lloyds Banking Group £117m for failing to treat its customers fairly when handling Payment Protection Insurance (PPI) complaints.
BMW Group Financial Services is simplifying motor finance from today, with the core finance package (at any BMW or MINI) for each product being the same.
Point-of-sale consumer new car finance was up 11% by volume and 17% by value in April, compared with the same month last year.
The Financial Conduct Authority is due to announce its view on how complaints about mis-sold loan insurance are being handled at the end of the summer.
Black Horse managing director Chris Sutton is to retire from the motor finance provider this summer.
Ford is targeting young drivers with an added value tie-up with insurance provider Marmalade.
Ageas and Volkswagen Financial Services have signed a contract to provide a branded motor insurance from Volkswagen, Audi, Skoda, Seat and VW CV dealerships.
Consumers choosing a new car on a PCP will expect some equity to remain towards their next car when the motor finance term ends.
The practice of requiring consumers to opt-out of purchasing add-on products is to be outlawed by the Financial Conduct Authority.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues