The long-awaited FCA update on the motor finance industry has sharpened the sector's focus on Difference in Charge (DiC) arrangements that can lead to higher interest rates for consumers.
Finance companies may be required to fully disclose the commissioned paid to dealers and brokers, following the FCA’s review of motor finance.
The role of technology in the car buying process has been fraught with both opportunities and challenges for a number of years.
Carwow has responded to its recently acquired manufacturer partnerships with the appointment of Hasan Nergiz as director of OEM and Jon Davies head of OEM.
Rockar has defended the omni-channel approach to car retail following an announcement by Tesla’s Elon Musk that the brand intends to move its sales entirely online.
Renault's Kadjar SUV was February’s fastest selling used car on Auto Trader – capturing car buyers’ attention in an average of just 17 days.
February has not served to install car retailers’ used vehicle operations as “the shining star” in their business in recent months and news of HMRC VAT reforms will only make life tougher, according to Cazana.
The results of the latest Auto Trader Market Report have revealed that a third of the UK potential car buyers are being put off a purchase due to the uncertainty surrounding Brexit.
HR Owen is implementing a new electronic customer relationship management (eCRM) and digital remarketing campaign to boost sales of new and used cars and to enhance retention of aftersales customers.
Manheim has renewed its partnership with Hendy Group, marking the renewal of a 17-year partnership.
Used car values declined during February for the first time since 2008 as car retailers begun to show signs of "reluctance" to squeeze their profit margins any further, according to Cap HPI.
Car manufacturers’ YouTube video content gained greater traction than their own websites for the first time in 2018, according to a new study by digital marketing specialist Sophus3.
Carwow has created an online tool to predict car costs after no deal Brexit, which motorists fear will make vehicles more expensive.
JudgeService has encouraged dealers to invest in their online platforms, as new research reveals 50.54% of sales for car dealerships come through online referrals.
Shoreham Vehicle Auctions (SVA) has revealed that demand for used electric cars and vans (EVs) at auction has increased significantly.
Two-thirds of UK car dealers believe that the Government’s proposal to ban on petrol and diesel powered non-alternative fuel vehicles (AFVs) by 2032 is too early.
Oodle Car Finance has celebrated that processing of over £3bn of car finance applications across its 168 car retailer partners during 2018.
The Mercedes-Benz GLC-Class appeared to flood the UK used car sector in January as Auto Trader revealed that the premium SUV had been its fastest selling used car during the first month of 2019.
EMaC believes combining its automated quote function with a self-serve option will help it to maximise dealers' service plan sales and customer retention.
Evolution Funding has secured investment to support its expansion from mid-market private equity investor LDC, which will take a significant minority stake.
