Dec 18, 2017: A new sales aggregator service for UK auto dealers has been endorsed by the industry’s official body ahead of its launch. Findandfundmycar.com will launch next year backed by MotoNovo Finance and will provide a new entry into the competitive aggre...

 

Dec 15, 2017: Improving the customer experience is a key goal throughout the auto finance process, particularly as buyers become more focused on digital services. Customers are getting younger, more demanding and more willing to walk away or use online searches...

 

Dec 14, 2017: Volkswagen Financial Services will break records in its 2017 financial year as it expects to beat last year’s earnings high of €2.1 billion. According to provisional figures, the portfolio of current contracts will have increased by more than 8% t...

 

Dec 11, 2017: Georg Bauer will report on the progress of fintech start-up fair.com, a business he co-founded this year with TrueCar pioneer Scott Painter. Bauer will be speaking at the International Auto Finance Network conference in January 2018 in London. Fai...

 

Dec 11, 2017: Startline Motor Finance has secured a new £250 million credit facility from J.P. Morgan. It comes as Glasgow-based Startline has seen a 25% increase in the number of major dealer groups in its portfolio. It is currently implementing a major sales ...

 

Dec 11, 2017: NextGear Capital UK is celebrating a key milestone after funding 200,000 vehicles since its launch. The total value of vehicles financed has exceeded £1.4 billion since the company first started offering finance in 2014. ...

 

Dec 08, 2017: The UK motor trade could be heading towards a ‘clocking’ crisis amid a rise in the number of vehicles with hidden mileage because their odometers have been wound back. The rise is being blamed on greater use of Personal Contract Purchase (PCP) agr...

 

Nov 27, 2017: Startline Motor Finance is reporting a strong reception for its new mid-market ‘flexible prime’ motor finance product as it calls for a different approach to the sector. The product, called Finishline, was launched in June and has since been adopt...

 

Nov 16, 2017: New business volumes in the point of sale (POS) consumer new car finance market fell by 11% in September, compared with the same month in 2016, latest figures from the UK’s Finance & Leasing Association (FLA) show. Its research also showed tha...

 

Nov 14, 2017: Research carried out by MotoNovo Finance has revealed that 89% of consumers in the UK are positive about the dealer finance experience. The finding comes from an independently managed customer monitoring programme run on behalf of MotoNovo Fi...