Jan 16, 2019: Ford and Volkswagen have announced a broad vehicle alliance to develop commercial vehicles and pickups for global markets. The alliance is designed to provide scale and efficiencies through shared vehicle platforms, starting in 2022. The collabor...

 

Jan 14, 2019: Alphera Financial Services, BMW Group’s independent motor finance division, has launched a new online portal for its UK car finance customers. Called My Alphera Finance, the platform gives customers a way to access information about their finance ...

 

Dec 18, 2018: PSA Finance has announced its second car subscription partnership in a month after signing a deal with UK-based Drover. The pilot will enable drivers to subscribe to a variety of cars from PSA Group brands covering Citroen, Peugeot and DS. Earlie...

 

Dec 17, 2018: There is a strong desire for car ownership, especially amongst the young, despite the growth of alternative mobility services, according to a new global report. The study of more than 8,000 people in 13 countries, carried out by consultants Arthur...

 

Dec 12, 2018: Volkswagen has revealed radical plans that will mark the end of the fossil fuel era, as it focuses solely on developing electric vehicles with the next decade. As part of a €11 billion development programme, Volkswagen will spend €9 billion on its...

 

Dec 10, 2018: BNP Paribas Personal Finance has launched a new motor finance solution for the UK market. The consumer finance provider, part of global bank BNP Paribas, currently works with more than 1,800 dealers in 11 countries, as well as partnering a network...

 

Dec 05, 2018: Wagonex, the car subscription service, has announced a pilot partnership with PSA Finance to offer the manufacturer’s cars on its UK platform. Wagonex offer cars on subscription through its partners as an alternative to ownership or leasing. Cust...

 

Nov 26, 2018: The total assets of Volkswagen Financial Services have exceeded €200 billion for the first time, the company has revealed. The rise to €200.79 billion at the end of Q3 2018 compares to a total of €75 billion 10 years ago. The landmark in the comp...

 

Nov 23, 2018: The used vehicle market in the UK promises to be the automotive industry’s sales growth engine next year as demand for vehicles and finance grows, according to industry experts. While the new car market is enduring what experts are calling “a perf...

 

Oct 26, 2018: Volkswagen plans to overhaul its dealership and sales organization by April 2020 to enable online sales and over-the-air software updates for its new electric cars. ...