Inchcape Retail has seen 20 of its business managers pass the IMI Accreditation for Finance and Insurance standards.
An ‘Incubator’ training scheme has been launched by iVendi as part of efforts to upskill its new recruits for the automotive finance sector.
Startline Motor Finance has appointed former Santander UK man John Bannerman as its new head of customer services.
Car buyers will demand greater flexibility from their car finance agreements in the event of a hard Brexit, according to Startline Motor Finance.
NextGear Capital has celebrated a significant business milestone as it surpassed £3 billion of vehicle funding.
Santander Consumer Finance (SCF) is launching a new online loan application platform with e-sign capability that can be integrated into a car dealer’s website.
Car finance marketplace Zuto has welcomed Chris Slater, co-founder and former COO of Simply Business, to its board as it secures funding for additional growth.
Cap HPI has refuted claims that PCP customers are increasingly at risk from financial difficulties as a result of their car finance agreements lapsing into negative equity.
Volkswagen Financial Services (VWFS) has appointed former Nissan fleet director Iker Lazzari as its new sales director.
Motor finance broker Evolution Funding has appointed Paul Saggar as its chief innovation officer and Adam Small as its head of operations.
Consumer car finance new business volumes fell by 3% in May compared with the same month in the previous year, according to the latest figures from the Finance & Leasing Association (FLA).
SsangYong Motor UK has appointed Northridge Finance as the exclusive provider of motor finance products to its dealers.
Evolution Funding has picked up four awards at the Car Finance Awards 2019, including being named Best Broker for the fourth consecutive year.
The Financial Conduct Authority (FCA) recently announced forthcoming changes to what has been a controversial area of consumer credit lending.
Lookers has said that it is “cooperating fully” with the Financial Conduct Authority (FCA) as the regulator announced that it was commencing an investigation into the car retail group’s sales process.
The UK automotive sector suffered its most severe downturn in business conditions for six-and-a-half years between April and May, according to a survey published by NatWest and IHS Markit today.
The motor finance sector’s prime lenders appear to be tightening their lending rules just at a point in time when used car retailers need greater flexibility from their motor finance, says Startline.
Kelly Ventham has been named as the Startline Motor Finance’s head of client relationships and acquisition in a role which will see her lead a newly-created client relationships team.
Used car operations continue to provide valuable profit opportunities for dealers of all sizes. It is clear that finance has a vital role to play in both attracting the customer and closing the sale.
Close Brothers Motor Finance has exceeded last year’s fundraising record and raised £33,500 for Make-A-Wish and Cancer Research UK.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues