Finance and Leasing Association (FLA)
-
People News 9 NovClose Brothers Retail CEO Rebecca McNeil to be new FLA chairperson
The Finance and Leasing Association (FLA) has announced the appointment of Rebecca McNeil as the new chair of the association, with effect from November 30.
-
Finance 8 NovConsumer car finance volumes slumped by over a fifth in September
New consumer car finance volumes remained up on 2020 in the first nine months of this year despite slumping by over a fifth in September, the Finance and Leasing Association (FLA) has revealed.
-
Latest News 22 OctFLA calls on Government to help businesses ‘finance decarbonisation’
The Finance and Leasing Association (FLA) has called for Chancellor of the Exchequer Rishi Sunak to announce a Green Finance Wholesale Guarantee and reform corporation tax to make green investments more affordable.
-
Market Insight 11 OctVolume of used car finance dropped in August, FLA reveals
The volume of used car sales on point-of-sale motor finance was 7% lower than in Augut 2020, in a further sign of the lower levels of stock available to used car dealers.
-
Finance 9 Sep
Car supply shortages deliver 20% decline in consumer car finance
The impact of car supply shortages has been blamed for a 20% decline in the volume of new business in consumer car finance in July.
-
Market Insight 13 Aug
Car brands reduced finance deposit contributions by 18% in Q3, AM analysis finds
Car manufacturers have cut back on discounting in Q3 this year, with average deposit contributions falling by 18% to £1,704 quarter-on-quarter, according to the latest data from AM.
-
Market Insight 3 Aug
UK's motor finance recovery set to slow after June's 12% volume growth
Car buyers boosted the consumer motor finance sector’s volumes by 12% in June – a year on from the 2020’s easing of the UK’s first coronavirus lockdown.
-
Finance and insurance 13 JulHave dealers and funding providers cleared COVID-hit car buyers' finance hurdles?
Motor finance companies and car dealers have borne the brunt of the COVID-19 pandemic, but how well have they overcome the challenge of motorists' 1.8 million requests for finance forbearance.
-
Finance 5 Jul
May growth fulfils FLA’s ‘strong rebound’ for car finance prediction
Consumer car finance growth of 327% by volume and 385% by value in May brought more evidence to back-up the Finance and Leasing Association’s (FLA) prediction of a “strong rebound” for the sector.
-
Market Insight 7 Jun
Consumer 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.
-
Market Insight 16 AprSuper Deduction taxation changes could deliver ‘shot in the arm’ to car leasing
The Finance & Leasing Association (FLA) and British Vehicle Rental and Leasing Association (BVRLA) have called for changes to the UK Government’s taxation Super Deduction to provide a “shot in the arm” for car leasing.
-
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.
-
Market Insight 15 Mar
FLA predicts ‘strong recovery’ in consumer car finance market
The Finance and Leasing Association (FLA) has predicted a “strong recovery” from the consumer car finance sector after volumes declined by 35% as COVID-19 ‘Lockdown 3’ stalled trading in January.
-
Finance 4 Feb
Finance providers see ‘plenty of opportunity’ for growth in 2021
Finance and Leasing Association’s (FLA) members feel there are ‘opportunities for growth’ this year – if the COVID-19 vaccination programme proves successful.
-
Finance 14 JanFLA welcomes FCA decision to resume car finance repossessions
The Finance and Leasing Association (FLA) has welcomed changes to Financial Conduct Authority (FCA) legislation which will allow motor finance firms to resume car repossessions from motorists who miss regular repayments.
-
Finance 13 Jan
Consumer car finance volumes fell 24% in November, FLA reports
Consumer car finance business volumes declined by 25% during November according to the latest market data from the Finance and Leasing Association (FLA).
-
Supplier News 24 Dec2021 prospects debate - register now
NFDA chief executive Sue Robinson and Finance & Leasing Association head of motor finance Adrian Dally will join AM's Motor Retail Review webinar on January 7.
-
Market Insight 7 Dec
FLA predicts 2021 car finance recovery after 3% October decline
New consumer car finance volumes declined 3% in October to leave the sector 20% down year-to-date, according to the latest data from the Finance and Leasing Association (FLA).
-
Finance 4 Nov
Consumer car finance defies September registrations dip with 7% growth
Consumer motor finance defied September’s 4.4% new car registrations dip to record a 7% year-on-year rise in volumes and 11% growth by value, according to the Finance and Leasing Association (FLA).
-
Finance 9 Oct
Consumer car finance market grew 8% by value in August, reports FLA
The UK’s consumer car finance market grew 1% by volume and 8% by value during August, according to new data from the Finance and Leasing Association (FLA).
