Cox Automotive claims that a mixed market in October has resulted in an increase in retail and stock funding sectors as wholesale divisions continue to show signs of slowing down.
Santander Consumer Finance is beginning a full national rollout of a wholesale stock funding facility for dealers at Manheim Auctions.
Motorpoint could be poised for a £240 million stock market float as soon as the end of the week.
Stock funding provider Next Gear Capital has said dealers’ used car buyers are becoming increasingly “discerning” stock condition.
