Finance provider Black Horse has reported year-on-year net lending growth of 45% to £6.8 billion in 2014 delivering its strongest year yet.
Car dealer Stoneacre Motor Group has revealed it has written £1.6 million worth of finance through its lending arm.
High street lenders shied away from car finance during the recession, but are beginning to flex their muscles. How can car dealers use the point-of-sale advantage to see them off?
Motor finance provider Alphera Financial Services has unveiled a new seven-day underwriting solution to further support its retailer and broker partners.
The Financial Conduct Authority has conducted a study into the handling of vulnerable consumers by the finance and insurance sectors.
Fiat has enhanced the finance offers on the 500 until March 31, 2015.
Consumer new car finance volumes grew 13% in 2014 year-on-year and by 10% in December to reach a record annual level of 897,593 units.
HM Revenue and Customers (HMRC) is understood to be about to target motor repairers across the UK to identify incorrect VAT returns and target suspected suppression of sales.
Startline Motor Finance has appointed Kevin Haddock as southern regional sales manager.
JBR Capital, the UK’s only independent finance provider dedicated solely to high end vehicle finance, has been acquired by an affiliate of Cabot Square Capital, the specialist financial services private equity investor.
The latest finance offers available to car dealers to help entice customers into buying a new car are listed on AM-online.
Regulatory changes have required finance providers to shift their priority from car dealers to car buyers
Two experienced executives are key players in new enterprises that will challenge established providers of car dealer finance in 2015. Blue Motor Finance is targeting the prime car loan market and George Banco is going after sub-prime customers.
Regulatory changes set by the Financial Conduct Authority last year 'could cost businesses more than £100 million by 2020'.
For dealers who invest in the right people and specialists, implement clearly defined sales processes and have a culture of monitoring and managing the sales of F&I the outlook is bright.
Automotive lenders are urging car dealers to grasp new opportunities in 2015, while warning of dangers ahead for those who fail to react to change.
A survey has revealed that 43% of dealers think that new Financial Conduct Authority (FCA) rules will have no impact on finance sold in showrooms, with a further 19% expecting the impact of the changes to be positive.
Advice from the expert speakers at AM's F&I Compliance Conference on meeting and conforming to industry-regulating bodies
Complying with FCA requirements could lead to an increase in sales. This is the conclusion from consumer research undertaken by MotoNovo Finance.
Alphera Financial Services has revealed the details of the new pricing structure for its dealer and broker partners across the UK. The new approach will be rolled-out across its partner network from January 1.
