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.
Delegates at AM Live will learn how new finance technology can be used to help boost customer acceptance rates and increase Finance Conduct Authority (FCA) compliance at the same time.
The AM Awards 2021’s Best Finance or Leasing Brokerage award winner is a business looking to capitalise on the growth of the personal contract hire market and, since its launch, has grown rapidly.
Keyloop has completed the acquisition of automotive finance software specialist FISC to help car manufacturers and retailers better manage customer experience and retention.
A new data product from Starline designed to maximise finance opportunities is being rolled to dealer groups in Q4.
PIB Group is urging retailers to enhance the customer experience with unaccompanied test drives, whilst mitigating financial risk.
The Financial Conduct Authority has new powers to remove unused permissions from the Financial Services register more quickly.
The impact of car supply shortages has been blamed for a 20% decline in the volume of new business in consumer car finance in July.
V12 Vehicle Finance (V12VF) has provided £50m worth of stock funding for independent and franchised car dealers in the UK, achieving a finance milestone.
Alphera Financial Services has launched its new website to help improve the user experience for customers looking to self-serve their car finance online.
CarMoney has launched its new CarFinder service to help buyers secure the car they want at the they price they want to pay.
Arnold Clark has rolled out Bumper’s aftersales payment services across its network of 160 dealerships in Scotland and England.
Car manufacturers have cut back on discounting in Q3 this year, with average deposit contributions falling by 18% to £1,704 quarter-on-quarter, according to the latest data from AM.
MotoNovo has promoted Karl Werner to managing director after its chief executive Mark Standish left the business as part of a restructure of the business.
The car retail sector’s well-considered the acceptance of Government’s COVID-19 support have left many businesses on a sound footing to deliver a successful 2021.
V12 Vehicle Finance (V12VF) and Moneyway have partnered with Codeweavers, to launch a new digital finance calculator to support dealers and their customers.
CarFinance 247 plans to hire more than 125 additional people to meet the growing needs of the company as it responds to significant consumer demand.
Faster and more assertive decision making in relation to non-compliance issues are at the heart of a series of changes proposed by the Financial Conduct Authority (FCA).
Haydock Stock Finance, a new division developed by Haydock Finance, have welcomed Andy Poole as its new regional manager.
Used car buyers are paying higher deposits on their motor finance deals to combat rising prices, according to new data from iVendi.
