finance and insurance (F&I)
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Market Insight 7 JunConsumer car finance market to grow 19% in 2021, says FLA
The Finance and Leasing Association (FLA) has said that the consumer car finance market is expected to grow by 19% in 2021 and 22% in 22% following resurgent April trading.
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Finance 1 JunLeasing.com partners Bauer Media to reach UK motorists
The UK’s biggest leasing comparison site, Leasing.com, has partnered with Bauer Media to become the exclusive provider of leasing deals with its motoring enthusiasts' brand CAR.
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Aftersales 28 MayBumper secures £10m credit facility as it targets further expansion
Bumper, formerly Auto Service Finance, has secured a £10m flexible working capital facility from Secure Trust Bank Commercial Finance.
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Opinion 24 MayFinance must not prove a hurdle for tech-savvy online car buyers, opinion
The most recent Auto Trader Market Report (November 2020) which investigates the long-term trends in digital retailing, shows that consumer appetite towards buying online is increasing.
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Latest News 20 MayVanarama launches free car insurance proposition
Vanarama has launched a leasing proposition with one year’s free fully comprehensive car insurance across its range of ‘hot offer’ cars on its website.
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Finance 17 MayFCA focuses on finance T&Cs and 'fair value' with new Consumer Duty
The Financial Conduct Authority (FCA) is set to focus its efforts on clarifying the terms and conditions of finance agreements and making it easier for customers to complain in a new Customer Duty.
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People News 7 May
Former Audi UK sales manager one of two VWFS board appointments
Former Audi UK sales manager Matt Solven and Dan James have been appointed to the board of Volkswagen Financial Services UK (VWFS).
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Finance 5 MayOEMs incentives respond to plug-in car grant cuts
UK Government’s surprise decision to cut the plug-in car grant came out of the blue in March, but there are a strong set of incentives in place for electric vehicle (EV) buyers for Q2.
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People News 27 AprAutoProtect Group appoints former Manheim and Aston Barclay MD
AutoProtect Group has appointed former Manheim and Aston Barclay managing director Tim Hudson to the newly-created role of chief sales and marketing officer.
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Aftersales 27 Apr
Bumper begins European roll-out with launch in Ireland
Bumper, which rebranded last month from Auto Service Finance, has launched its interest-free payment platform for car repairs and servicing in Ireland.
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People News 23 AprV12 Vehicle Finance appoints David Nield as managing director
V12 Vehicle Finance (V12VF) has named David Nield as its new managing director, replacing David Mercer.
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Market Insight 22 AprA quarter of drivers ready to embrace EVs by 2026, says Volkswagen Financial Services
Almost a quarter of Brits (23%) see themselves driving an electric vehicle (EV) by 2026, according to research by Volkswagen Financial Services UK (VWFS).
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Digital Marketing 20 AprDigital finance ‘shaving time’ from car sales as dealers accelerate shift online
Digital finance processes are allowing car retailers to “shave more and more time off the online motor finance process” and improve customers’ retail experience, says Startline Motor Finance.
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Market Insight 16 AprEconomic uncertainty from COVID and Brexit delays car buying plans
More than a third (38%) of drivers have delayed their car buying plans as a result of economic uncertainty caused by COVID-19 and Brexit, a report by Close Brothers Motor Finance has found.
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Finance 14 AprMore than a third of lockdown car sales completed entirely online
More than a third (37%) of used car transactions, including finance applications, took place entirely online during COVID-19 'Lockdown 3', according to iVendi.
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People News 14 Aprdrivvn appoints new client director
Automotive retail ecommerce specialist drivvn has appointed Lucy Trott as its new client director.
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Supplier News 13 AprWhite Clarke Group acquired by US-based finance firm IDS
Automotive finance provider White Clarke Group has been acquired by US-based IDS to form a single entity claiming to serve a $7 trillion secured finance end market.
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Finance 9 Apr
Car finance sector to deliver 'strong rebound' after 27% February decline
The Finance and Leasing Association (FLA) has said it expects a “strong rebound” in the automotive finance sector after car showrooms emerge from COVID-19 ‘Lockdown 3’ on Monday.
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Market Insight 25 Mar
Labour issues call for interest-free loans to support EV car sales
Labour’s shadow business minister Ed Miliband has called for interest free loans to help low and middle-income families purchase a new electric vehicle (EV).
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People News 25 MarNorthridge Finance stalwart Alan Carson to leave business after 26 years
Northridge Finance sales director Alan Carson has announced that he is departing the business after 26 years.
