Car leasing firm Octopus Electric Vehicles has introduced a salary sacrifice program focused on pre-owned electric vehicles (EVs).
AAM Group, the vehicle leasing and rental group, is restructuring its Best Car Finder division to collaborate with its MyCarDirect vehicle subscription service which competes with car dealers.
Car finance products are amongst the most confusing automotive terms for car buyers and it could be hampering sales, according to new research.
AutoProtect is urging automotive retailers that are offering PCH finance to consider how consumers can be better protected in the event of a vehicle write-off.
Vertu Lease Cars, part of AM100 motor retailer Vertu Motors, has been sold to UK Carline for an undisclosed sum.
Stellantis has set its sights on becoming the automotive sector’s “European leasing leader” after restructuring its finance and leasing operations.
Lookers has acquired £3.8 million turnover fleet and leasing business Fourways Vehicle Solutions to grow its customer base in the corporate sector.
A naming dispute with another firm has led website and CRM software brand Motorlease to be relaunched as MotorComplete. The business is part of Auto Platforms
Helen Lumb, chief finance officer at Shire Leasing, has joined The Finance and Leasing Association (FLA) board.
Carparison general manager Matthew Woodward has described how the leasing broker’s operations were propelled to new heights following its AM Awards win.
Onto has raised a new credit funding line of £100m from global investment group CDPQ and independent asset manager Pollen Street.
Digitalisation and flexible monthly payments or usership plans could pave the way for further innovation in the field of vehicle finance
Renault Group’s Mobilize Financial Services has launched Lease&Co, a new leasing subsidiary that will specialise in flexible, use-based contracts, which will be promoted and supported by the dealer networks of its Alliance brands Renault, Dacia, Alpine and Nissan.
Electric, plug-in hybrid and hybrid vehicles accounted for more than half (53%) of business lease enquiries in Q3 2022, according to Leasing.com.
DriveElectric has launched its new website which allows personal and business customers to lease an electric vehicle (EV) online.
A new tax-efficient short subscription scheme for electric vehicles has been launched to target company employees.
FCA Bank Group has launched a new rental and mobility division called Drivalia to replace Leasys Rent.
A new Kia app has “paved the way” for more of its franchised car dealerships to offer short-term car rental services ranging from hourly to weekly vehicle loans.
Automotive retail business have been reminded that they have until the end of October to ‘make a plan and do what it says’ to comply with the Financial Conduct Authority’s (FCA) new Consumer Duty regulations.
Car subscription provider Wagonex has become the recipient of Admiral Group’s first investment from its new venture building business Admiral Pioneer.
