Latest News 7 Feb
Subscription demand to double revenues for Mycardirect in 2023
Mycardirect is expecting to double its revenues this year as demand for vehicle subscriptions continues to grow.
Supplier News 19 Oct
Leasys Rent becomes Drivalia as FCA Bank moves away from Stellantis
FCA Bank Group has launched a new rental and mobility division called Drivalia to replace Leasys Rent.
Market Insight 8 Sep
Increasing number of Brits don’t want to be 'locked in' to car ownership
Car subscriptions services are expected to become more popular as living costs increase, causing more consumers look for greater flexibility with their finances.
People News 16 Aug
Former ASE CCO goes ‘all-in’ with Karzoom car subscription business
Former ASE chief commercial officer Mike Fazal has left the automotive retail advisory business to go “all-in” with his car subscription business Karzoom.
Market Insight 21 Jun
EV uptake twice as high among subscription customers, finds Mycardirect
Car subscription provider Mycardirect has an overall vehicle mix of 28%, which is double the share seen in the UK car market overall.
Manufacturer 26 May
JLR re-launches online buying, subscription and rental propositions
Jaguar Land Rover (JLR) has launched a new dedicated website to combine its online purchase, subscription and rental services into one place.
Car Dealer News 18 May
Subscription provides alternative revenue streams from used stock
Car subscription software provider Loopit is witnessing increased demand from retailers looking at alternative revenue stream solutions for their used car inventory.
Acquisitions and deals 17 Nov
Cazoo acquires Spanish subscription firm Swipcar
Cazoo has acquired Swipcar, a Spanish digital car subscription business.
Car Dealer News 3 Jun
Mycardirect expands into van market with new subscription service
Car subscription provider Mycardirect has launched a new van business, called Myvandirect.
Car Dealer News 1 Jun
Car e-retailer Cazoo expands into new car offers including Tesla and Ford
Cazoo has begun targeting new car customers with an all-inclusive new car subscription service, marketing models from Fiat and Ford to Mercedes-Benz and Tesla.
Car Dealer News 29 Mar
Cazoo to be listed on New York Stock Exchange with £5bn valuation
Cazoo is set to be listed on the New York Stock Exchange following the signing of a definitive business combination agreement with US-based acquisition company AJAX.
Digital Marketing 18 Feb
Wagonex makes it easier for dealers to offer cars via subscription
Wagonex has launched an updated version of its plug-and-play subscription platform, making it easier for dealers to unlock the potential of vehicle subscriptions.
Opinion 23 Jun
Could COVID-19 cash crisis feed car subscription trends? Guest opinion
Could a shortage of cash and heightened consumer caution in the wake of the COVID-19 coronavirus crisis help to fuel a shift towards car subscription?
Finance 9 Jun
Flat rates, EV funding and PCH growth drive changes in motor finance
Government’s ‘travel by car’ advice fuels hope for market revival
Supplier News 23 Jan
Mercedes-Benz A-Class was most popular lease car of 2019
The Mercedes-Benz A-Class attracted more enquiries from leasing customers than any other vehicle during 2019, according to data compiled by Leasing.com.
Market Insight 6 Sep
Online car sales to exceed a million in 2020, says Frost & Sullivan
Online car sales will number over a million across the globe in 2020 as rapid growth drives a further six-fold growth by 2025, according to research conducted by Frost & Sullivan.
Manufacturer 7 Jun
Lexus launches £619 per month Drover car subscription service
Lexus claims that it has unlocked the doors to motorists’ dream garage with the launch of a new vehicle subscription mobility service delivering access to a CT200 hybrid hatchback from £619 per month.
Market Insight 17 May
Automotive leaders see benefits of subscription models
Subscription and membership-based models are seen as a major revenue opportunity by three-quarters of automotive industry leaders.