finance and insurance (F&I)
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Supplier News 27 JunParagon Motor Finance and CarMoney double their car retail lending
Paragon Bank’s Motor Finance division has more than doubled the amount of car retail lending during the first half of its financial year.
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People News 23 JunBumper appoints Snap-On's Nick Squire to lead international expansion
Automotive aftersales finance provider Bumper has appointed Snap-on Business Solutions’ Nick Squire as its new international sales and partnerships manager.
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Finance 21 JunConsumer spending on cars ‘expected to slow’, says FLA
The Finance and Leasing Association (FLA) still expects a Q2 rise in car buying activity, despite expectations that spending will slow amid rising inflation, interest rates, and taxes.
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Finance 17 JunNFDA welcomes move to reform ‘outdated’ Customer Credit Act
National Franchised Dealers Association (NFDA) chief executive Sue Robinson has welcomed Government’s decision to reform the Customer Credit Act – branding it “outdated”.
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Finance and insurance 14 JunHow is online retail affecting the role of car dealership business managers?
The role of the car dealership’s business manager is evolving – and digitalisation is playing its part in that change.
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Finance and insurance 14 JunKeeping car finance competitive amid BoE's rising interest rates
Car dealerships are facing a double whammy of rising overheads and diminishing consumer finances after the Bank of England (BoE) further increased interest rates this month to 1%.
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Supplier News 10 JunClose Brothers drives £35k fund-raiser for Make-A-Wish children's charity
Close Brothers Motor Finance have raised £35,000 for the Make-A-Wish Foundation and Cancer Research UK through a series of fundraising events.
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Finance 9 JunPeter Vardy's CarMoney to open Dundee office due to rising demand
Peter Vardy's CarMoney is set to open its first regional sales and administration office in Dundee in response to rising consumer demand.
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People News 8 JunMotoNovo appoints Matt Lucas as head of partnerships & transformation
MotoNovo Finance has promoted Matt Lucas to the newly created position of head of partnerships & transformation.
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People News 8 JuniVendi creates new business units and appoints country directors
iVendi has created new business units and has appointed new country directors in France and Spain.
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Finance and insurance 7 JunIs the end coming for in-showroom motor finance provision?
AM-online examines the impact of technology and e-commerce on the traditional in-showroom process of providing point of sale motor finance
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Finance 6 JunCar buyers 'not ready' to finalise finance online, says Alphera
A nationwide survey by Alphera Financial Services has found that most UK car buyers are not ready to fully finalise their car finance agreements online.
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Finance 25 MayOodle receives ‘game-changer’ accolade at Car Finance Awards
Automotive finance company Oodle has been recognised as an industry ‘game-changer’ at this year’s Car Finance Awards.
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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 May
Economic 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.
