A third of dealers are leaving their business exposed to online finance brokers by not offering motor finance on their website.
The Financial Conduct Authority (FCA) marks six months since the start of the Senior Managers’ and Certification Regime by proposing ways to strengthen it.
Close Brothers Motor Finance has expanded its Scottish team with the appointment of seven new members of staff.
BMW Financial Services has added another insurance solution, Excess Protection Insurance, to its suite of motor insurance products.
F&I systems provider Frontline Solutions has appointed Christian Ingrey and Steve Lees to senior roles.
Finance software specialist Codeweavers is celebrating is most successful month ever after introducing its systems into 51 dealer websites in August.
Motor finance provider Moneyway has strengthened its team with the appointment of Stewart Cox as commercial director.
The results of Paragon’s latest Car Finance Headlight Survey show that 62% of brokers have experienced growth in used car applications as 48% highlighted growth in new during H1, 2016.
Dealers should consider pricing non-prime motor finance lower in order to win more business and question whether deals which demand high APR should be done, says Startline Motor Finance.
Finance providers should be offering short-term motor finance products available to EU nationals in the UK to prevent Brexit uncertainty from hampering new car sales, according to Buyacar.co.uk.
Auto Service Finance (ASF), an interest free payment plan aimed at the aftersales market, has rolled out at its 320th dealership in the UK.
An ever increasing number of used car buyers are moving towards mobile devices to access dealer web, according to new figures from iVendi.
Alphera Financial Services has released the second instalment of its industry research report, ‘Financing the Car of the Future’.
Point-of-sale new car finance grew by 10% by value and 5% by volume in June, according to the latest figures from the Finance & Leasing Association (FLA).
Motor finance specialist Moneyway has seen its lending balances rise by 35% in the last 12 months, according its latest financial results.
Black Horse is expecting to see increased challenges in the second half of this year as the regulatory and economic climate becomes more uncertain.
Startline Motor Finance has appointed Kelly Ventham as its northern regional sales manager as the business continues in its “growth phase”.
Peugeot is hoping its facelifted 2008 SUV will give its 66-plate registration sales campaign a boost in September.
Motor finance technology specialist iVendi has appointed Phil Harding to head up its marketing operations after expanding its client base from less than 3,000 to over 7,000 in the past year.
Close Brothers Motor Finance is looking to grow its business this year with the help of used car PCPs in the independent dealer market.
