Dealers can improve their used car sales performance during lockdown by offering buyers a simple online transaction process.
Tributes have been paid to MotorNovo head of strategic partnerships Peter Landers after he died following a three-week battle with COVID-19 coronavirus.
Coronavirus has driven an uplift in motor finance digital applications this year, but 2021 looks set to bring further effects for dealerships regulated by the Financial Conduct Authority (FCA). Here AM examines three key impacts.
In early 2021 the Financial Conduct Authority's ban on discretionary commission in motor finance will kick in. AM examines the impact on motor retailers.
The Financial Conduct Authority is keen for motor retailers providing consumer credit to be upfront about earning finance commission
As PCPs continue to dominate in the marketplace, OEM's new car finance offers for Q4 2020 are examined
The quarterly AM Motor Retail Review webinar on January 7 will discuss 2020's car market outcome, the FCA motor finance rules revision and the Brexit aftermath.
Cazoo is set to acquire Drover, the UK's best-known car subscription platform, in a step set to boost Cazoo's growth in the UK and into Europe.
Technology and processes that allow for real-time online decisioning are set to be a key factor for the motor finance sector in 2021, Startline is predicting.
Volkswagen Financial Services (VWFS) has recorded a double digit jump for Millennial and Gen Z customers switching to vehicle finance during the pandemic.
The car leasing comparison site, Moneyshake, has secured investment to fuel further growth of its business.
Online motor retail is dividing into a market of simple and complex transactions in an emerging trend heightened by the COVID-19 pandemic, says iVendi.
iVendi has signed a deal to provide motor finance technology for new and used car platform YesAuto.
New consumer car finance volumes declined 3% in October to leave the sector 20% down year-to-date, according to the latest data from the Finance and Leasing Association (FLA).
V12 Vehicle Finance has secured a new auction partnership with Central Car Auctions in a bid to provide a "seamless" used vehicle proposition.
BMW Group Financial Services general manager for digital, sales channels and insurance, Preston Rogers, has been appointed as the new head of Alphera Financial Services.
Codeweavers has appointed Andrew Gill as its head of lender products to help automotive sector lenders identify new opportunities to support their business.
Volkswagen Financial Services (VWFS) has launched a new car leasing platform, VWFS Drive, to help speed up the new car finance process.
Vehicle Vision has formed a partnership with Auto Service Finance (ASF) to offer motorists interest-free instalment payment option for repairs.
Alphera Financial Services is partnering with BuyaCar to launch Alphera Zero, a finance product that allows consumers to offset carbon emissions from used hybrids and plug-in hybrids.
