Finance and Leasing Association (FLA)
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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.
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Finance 5 JulMay 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.
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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.
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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.
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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 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.
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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.
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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.
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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).
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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.
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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).
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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).
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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).
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Market Insight 22 Sep
FLA calls on Government not to ‘prematurely end’ COVID-19 finance support
The Finance and Leasing Association (FLA) has urged Government to not ‘prematurely end’ its COVID-19 finance support for UK business in a co-signed letter to Chancellor of the Exchequer Rishi Sunak.
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Market Insight 17 Sep
FLA urges extended Government loan scheme and EV tax breaks
The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
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Market Insight 7 Sep
Car finance market growth returned in July but recovery 'remains in doubt'
The new and used car finance markets returned to growth in July as showrooms across the UK re-opened their doors following the COVID-19 lockdown period, the Finance and Leasing Association (FLA) has confirmed.
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Finance 6 Aug
Used car finance led the market recovery in June, reports FLA
The Finance and Leasing Association (FLA) has said that the consumer used car finance sector’s 9% growth by value and 2% by volume drove a market “bounce back” in June.
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Opinion 2 Jul
Non-bank finance lenders left 'out in the cold' in COVID-19 crisis, opinion
Hardly a year goes by without the role of regulation in the economy being reconsidered. Even now, in the midst of a national crisis, the debate continues.
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Finance 19 Jun
FCA proposes three-month extension to COVID-prompted payment deferrals
The Financial Conduct Authority (FCA) has extended the availability of payment freezes and interest-free overdrafts for a further three months in a bid to help consumers mitigate against the impact of the COVID-19 coronavirus.
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Finance 15 Jun
FLA says Government support non-bank lenders is 'needed now'
The Finance and Leasing Association (FLA) is calling for the Government and the Bank of England to take immediate action to support the non-bank lending market, as forbearance requests reach 1.6m.
