finance and insurance (F&I)
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Market Insight 22 JunEV and hybrid finance offers reach parity with ICEs
Latest PCP pricing puts alternative technology on price parity with traditionally engined cars.
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Finance 18 JunAlphera Finance partners with IMI to deliver ‘quality assured’ F&I training programmes
BMW Group’s Alphera Financial Services has launched IMI-backed Quality Assured Programmes (QAPs) to ensure high standards in the sale of F&I products.
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Supplier News 14 JunEMaC launches ‘Drive Now, Pay Later’ aftersales credit offering for car dealers
EMaC has launched a partnership with payments and consumer finance provider Klarna to offer a new ‘Drive Now, Pay Later’ programme designed to deliver a flexible aftersales offering for car dealers.
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Market Insight 11 JunUK drivers considering EV ownership increased by 50% in 12 months, claims Close Brothers
The number of UK drivers considering EV ownership has doubled in the past year according to Close Brothers Motor Finance's Britain Under the Bonnet report.
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Acquisitions and deals 4 JunAssurant completes $2.5 billion acquisition of The Warranty Group
The Warranty Group has been acquired by New York-based insurance specialist Assurant in a move which aims to “further cement” its global lifestyle growth strategy.
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Supplier News 30 May
Raphaels Bank exits the motor finance sector
Raphael Finance has quit the motor finance and asset finance markets.
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Everything you need to know about... 29 MayMotor finance options
This short film from Alphera looks at building F&I performance through education and accreditation.
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Market Insight 25 MayGrowth in zero per cent finance offers may have helped April rebound
While April’s 10.4% increase in new car registrations can be partly explained by the strength of offers in Q2
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Car Model News 24 MaySuzuki offers Swift Sport savings with £1,500 June launch discount
Suzuki GB will launch its new Swift Sport performance hatchback with a £1,500 discount available to customers who buy the car before the end of June.
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People News 23 MayStartline welcomes Kevin Mooney as head of business intelligence
Startline Motor Finance has welcomed Kevin Mooney as its new head of business intelligence to provide “expert data analysis”.
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Digital Marketing 21 MayiVendi publishes first-ever Report on Online Motor Retailing
“Car dealers need to make their pretty websites into e-commerce platforms”, iVendi chief executive James Tew has insisted following the publication of the finance specialist’s first-ever Report on Online Motor Retailing.
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Supplier News 21 MayAlphera collects two finance industry awards
Alphera Financial Services has picked up two awards for its innovation and customer service at separate industry events.
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Finance 17 MayMcLaren Automotive to offer ‘flexible finance’ on supercars with Santander partnership
Santander Consumer Finance (SCF) has been selected by McLaren Financial Services to be its exclusive financial partner for the UK market - paving the way for flexible finance on the British-built supercars.
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Finance 16 MayPCPs dominate car finance sector with 21% increase in April
PCP car finance offers continued to dominate the sector in April with a 21% increase in volumes over the same period in 2017, enquiryMAX has revealed.
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Supplier News 15 MayStartline Motor Finance finds finance niche with ‘holistic’ PCP product
Startline Motor Finance has seen franchised car dealerships achieve 50% penetration with a new “flexible prime” PCP product launched only last month.
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Finance 15 MayOne-in-three used cars are sold with outstanding finance, claims HPI
The number of used car buyers saddled with outstanding finance on their new vehicle rose from one-in-four to one-in-three during 2017, claims HPI.
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Market Insight 14 MayDealers can increase customer retention despite falling market, study claims
A study of dealer sales has shown that an effective customer contact strategy could increase customer retention rates, despite a falling market.
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Supplier News 10 MayInchcape UK technicians given fully-funded free tool insurance
Inchcape UK has enhanced its technician benefits package with a personal tool insurance up to the value of £20,000.
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Supplier News 9 MayNextGear Capital funds £50million of Dealer Auction sales through partnership
NextGear Capital has provided £50million in stock funding to hundreds of UK dealers thanks to a partnership with Dealer Auction.
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Finance 30 AprCar dealers advised to improve finance retention rates through 'dedicated customer contact strategy'
Car dealers can improve business retention rates through the use of a dedicated customer contact strategy – even in a declining market.
