finance and insurance (F&I)
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Supplier News 20 MayFinance digitalisation explored in new AM magazine, plus AM Awards winners
The May Issue of AM magazine is here, packed with the latest news on the digital disruptors, insights into motor finance's digitalisation, and the full citations of all the 2022 AM Awards winners.
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Used Cars 19 MayCandid vehicle descriptions a 'key lesson' from digital disruptors, says iVendi
Candid online used car and van descriptions that highlight scratches, dents and other minor damage are a key lesson from digital disruptors for dealers, says iVendi.
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Market Insight 16 MayEconomic pressures mean ‘single-digit growth’ for car finance sector in 2022
The squeeze on household incomes and continued new car supply constraints mean that the UK’s car finance sector is likely to be restricted to ‘single-digit growth’ in 2022, the FLA has said.
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Finance 10 MayZuto to support growth with 150 new recruits
Zuto plans to recruit 150 new team members this year, following a period of rapid growth.
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Finance 9 MayFCA warns dealers over ‘misleading’ credit adverts
Dealers are being warned to stop using misleading terms in their adverts, by the Financial Conduct Authority (FCA).
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People News 28 AprOodle announces new leadership line-up
Motor finance company, Oodle, has announced changes to its leadership team, including the appointment of Richard Gaskin as chief executive designate.
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Opinion 26 AprWhat's next for dealers' Appointed Representative status?
Tara Williams, chief risk and compliance officer, AutoProtect Group, shares some insights into the likely impact of the Financial Conduct Authority shining the spotlight on finance and insurance's appointed representatives and their principals.
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Used Cars 22 AprV12 Vehicle Finance urges used car dealers to ‘take stock’ of EV growth
Used car retailers have been urged to focus on accelerating their electric vehicle (EV) stock holding to around 10% of their forecourts in a bid to embrace an inevitable rise in demand for pre-owned EVs.
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People News 21 AprClose Brothers appoints Alex Griffin as director of product
Close Brothers Motor Finance has appointed Alex Griffin as director of product.
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Technology 19 AprOmnichannel car retail: six areas where customer experience is being 're-shaped'
As the car retail sector becomes increasing digital-savvy, AM's Debbie Kirlew took a look at six key areas where strides are being made towards a true omnichannel customer journey.
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Opinion 19 AprCOVID-19, two years on - business agility and consumers’ EV appetite
It’s just over two years since the UK first went into lockdown and it’s safe to say we’re all continuing to feel the impacts of the pandemic.
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People News 12 AprAlphera appoints Daniel Temple as head of sales development
Alphera Financial Services has appointed former BMW Motorrad Financial Services and MINI Financial Services regional manager Daniel Temple as its head of sales development.
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Finance 12 AprFCA will ‘pull no punches’ with car retail’s Appointed Representatives
The Financial Conduct Authority (FCA) will “pull no punches” when its sets new guidelines for the car retail sector’s Appointed Representative (AR) model for financial services.
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Market Insight 11 Apr
FLA ‘revises down’ car finance’s 2022 market growth prospects
The Finance and Leasing Association (FLA) has revised down its 2022 car finance market growth projections as the squeeze on household incomes and vehicle supply restrictions bite.
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Finance 8 AprBritish-Ukrainian car finance start-up Carmoola attracts £27m funding
An online car finance start-up created by a team of British and Ukrainian former Movebubble and Zoopla executives has attracted £27 million in venture capital funding.
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Acquisitions and deals 8 AprFortegra Group acquires ITC Compliance
ITC Compliance, a UK intermediary Financial Conduct Authority (FCA) Network, has been purchased by Fortegra Group, a global speciality insurer.
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Finance 7 Apr
FCA expands team to target ‘problem’ firms
The Financial Conduct Authority (FCA) is cracking down on problem firms with a larger team.
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People News 6 AprBumper appoints Carwow’s James Hind as non-executive director
The online automotive aftersales payment specialist Bumper has appointed carwow founder and chief executive James Hind as a non-executive director.
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Finance 31 MarEvolution Funding and Codeweavers announce partnership
Evolution Funding has partnered with Codeweavers to help dealers deliver a ‘more streamlined’ finance journey to customers.
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Finance 29 MarLeasing makes electric cars more affordable than PCP, study finds
A leasing business has analysed pricing data and found that driving a battery electric car on a lease is cheaper than funding the EV on PCP (personal contract purchase).
