Car Dealer News 27 Feb
NextGear Capital launches StockMaster for ‘on-the-go stock management’
NextGear Capital has launched the ‘first mobile wholesale funding platform’ enabling dealers to manage stock on-the-go.
Market Insight 26 Jan
Online businesses help boost Cox Automotive’s annual growth
Cox Automotive has enjoyed a year of growth, driven by demand for its online businesses.
People News 22 Jan
Secure Trust Bank appoints David Mercer as managing director of motor finance arm
Secure Trust Bank has targeted growth in the in the near-prime and prime car finance sector after appointing former NextGear Capital boss David Mercer as managing director of its motor finance division, Moneyway.
Used Cars 16 Jan
Used car prices end 2017 on high for Cox Automotive's Manheim and Motors.co.uk businesses
Cox Automotive reported a strong end to 2017 as average used car prices rose across its Manheim auctions, Dealer Auction, NextGear Capital and Motors.co.uk businesses.
People News 22 Dec
Nextgear Capital welcomes new managing director
Cox Automotive has appointed Liam Quegan as managing director of NextGear Capital as the business looks to realise the next stage of its growth plan.
Market Insight 16 Nov
Stocking sector grows as wholesale market continues decline, reports Cox Automotive
Cox Automotive claims that a mixed market in October has resulted in an increase in retail and stock funding sectors as wholesale divisions continue to show signs of slowing down.
Supplier News 25 May
NextGear Capital funds 150,000th vehicle in three years
Wholesale stock funding provider NextGear Capital has celebrated its third birthday by funding its 150,000th vehicle.
Used Cars 10 May
Used car prices up as sold volumes fall in April
Used car prices increased year-on-year in April in wholesale and retail markets.
Market Insight 10 Apr
Average used car prices rise in record breaking March
Average used car selling prices increased in March, fuelled by high buyer activity, according to Cox Automotive brands.
Supplier News 21 Mar
NextGear Capital funds more than £1bn of vehicles since 2014
NextGear Capital has funded more than £1 billion worth of vehicles since its launch in 2014.
Finance 24 Feb
NextGear Capital to fund 100,000 vehicles in 2017
NextGear Capital UK expects to fund a total of 100,000 cars sales in 2017 after a record start to the year saw it fund 8,000 wholesale vehicles for its dealer customers in January alone.
Supplier News 17 Mar
New franchised dealer funding product launched by NextGear Capital
A new funding product has been launched by NextGear Capital for franchised dealers.
Finance 14 Dec
Aston Barclay and NextGear Capital deliver auction boost with new funding initiative
Aston Barclay has teamed up with NextGear Capital with an innovative funding initiative designed to boost auction sales during some of the quietest months on the sales calendar.
People News 1 Dec
NextGear Capital recruits Pamela Halliday as sales and marketing director
NextGear Capital has appointed Pamela Halliday, formerly of White Clarke, as its new sales and marketing director.
Used Cars 7 Oct
Dealers getting picky with used car stock
Stock funding provider Next Gear Capital has said dealers’ used car buyers are becoming increasingly “discerning” stock condition.
Market Insight 25 Aug
Van dealers' 'unhealthy focus' on price damaging customer service levels
Van dealers have been accused of having an ‘unhealthy focus’ on price that is damaging the quality of stock and customer service standards.
Market Insight 24 Aug
Customer service offered by car brands getting worse
The quality of customer service provided by car brands has gone into reverse.
Supplier News 30 Jul
Trade buying habits are changing, says NextGear Capital
The way trade buyers operate is changing, NextGear Capital learned on its recent UK wide auction tour.
Supplier News 15 Jul
Wilsons Auctions in NextGear Capital stock funding deal
Wilsons Auctions is to offer NextGear Capital stock funding facilities.
Supplier News 2 Jun
NextGear Capital embarks on anniversary car auction tour
NextGear Capital is celebrating its first year anniversary by embarking on a tour across many of its independent auction partners in the UK, from June 1 – 12.