FLA
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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.
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Market Insight 8 FebLow APRs drive Ford and BMW finance offers
Big brands Ford and BMW are using low rate, affordable finance offers to drive consumer interest to their dealers in Q1 2021
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Finance 4 NovConsumer 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 2 NovFLA has concerns over new consumer credit deferrals
The Finance and Leasing Association has raised concerns about the new coronavirus payment deferral scheme proposed by the Financial Conduct Authority at the weekend.
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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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Finance 3 JulFCA extends demands on motor finance support for consumers
The Financial Conduct Authority is set to demand motor finance firms extend the support available to customers left short of cash due to COVID-19.
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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 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.
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Supplier News 5 JunIndustry bodies combine to provide COVID-19 unified safety guidance
Four of the UK remarketing sector's industry bodies have come together to deliver unified guidance on how to comply with safety guidance as the COVID-19 crisis eases and automotive retail businesses begin to re-open.
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Finance 17 AprFCA publishes draft coronavirus guidance on motor finance repayments
The Financial Conduct Authority (FCA) has said that it expects motor finance providers to offer “exceptional and immediate support to customers facing payment difficulties” due to COVID-19 coronavirus.
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Supplier News 26 FebFLA chairman urges consumer finance reform and clarity on EV funding
The Finance and Leasing Association’s chairman has urged the sector’s regulators and policymakers to work more closely with the industry and ensure motor and asset finance is able to help the UK reach its zero emissions goal.
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Finance 10 Dec
New FLA chief calls on next Government to reform consumer credit law
The new head of the Finance & Leasing Association (FLA) has urged reform of the 45-year-old Consumer Credit Act because it "is failing consumers" and is unfit for modern finance provision.
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People News 28 Oct
Stephen Hadrill named director general of the FLA
The Finance and Leasing Association (FLA) has appointed Stephen Hadrill as its new director general.
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Market Insight 23 Aug
Car finance market declined 3% during June, FLA reports
The point of sale (POS) car finance market posted year-on-year declines of 3% by volume and 2% by value across both new and used car sectors during June, according to the Finance and Leasing Association (FLA).
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Finance 7 Jun
FLA reports 2% April decline in consumer car finance
The Finance and Leasing Association (FLA) has revealed that new business in the point of sale (POS) consumer new car finance market fell 2% by value and 7% by volume in April.
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Finance 10 May
FLA reports 1% March decline in consumer car finance market
The Finance and Leasing Association (FLA) has revealed that the point of sale (POS) consumer car finance market fell 1% by volume in March, compared with the same month in 2018.
