With research highlighting how motorists are avoiding essential car maintenance, dealers could be concerned about their ability to provide a duty of care.
Personal contract hire (PCH) has grown from 5% to 7% of the new car finance market, according to Finance and Leasing Association (FLA) data, obtained by AM.
Car finance specialist, Zuto, is planning to recruit 70 people by the end of the year after posting strong trading results.
Volkswagen Financial Services’ fleet operation has made two key management appointments with the addition of Chris Allgood and Melanie Miles.
Financial services software specialist Codeweavers will expand its headcount by 30% over the next year as it targets growth within a climate of online research.
Point of sale consumer new car finance business grew 27% by value and 22% by volume year-on-year in February. New business on new car financing exceeded the one million mark for the first time.
Franchised dealers in the USA are facing a threat to their finance sales, the chairman of the National Automobile Dealers Association told the NADA conference.
The Payment Systems Regulator (PSR) has issued guidance on new European laws surrounding payment cards which could lead to a fall in dealers’ service charges.
Volkswagen Financial Services (VWFS) has appointed Mark Forton as mobility services director.
Paragon Bank's motor finance arm has hired former Barclays Partner Finance and Close Brothers Motor Finance staff to help grow its dealer and broker base.
MotoNovo Finance is preparing to more than double its staff headcount as it relocates to all-new premises within the Central Cardiff Enterprise Zone.
Finance broker Car Loan Warehouse has revealed a brand gender divide in the results of a survey into its application data.
Close Brothers Motor Finance has appointed Chris Bosworth into its newly-created role of director of strategy.
The point-of-sale consumer new car finance market grew 20% by value and 14% by volume in January, according to the Finance and Leasing Association.
Data gathered from online finance calculators can provide dealers with an insight that can transform “suspects” into “prospects”, according to software specialist Codeweavers.
Insurers are concerned about the FCA’s definition of ‘value for money’ in add-on products.
To ‘treat customers fairly’, ask if you would be happy with how your dealerships treat your family and friends.
Point-of-sale consumer new car finance volumes grew 10% last year.
Car dealers’ sales processes are suffering from a “lethargy” which sees many customers leave the showroom without having taken a test drive, had their part-ex valued or finance offer calculated.
London-based bank Aldermore has launched a dealer services team to grow in the motor retail sector.
