F&I
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Finance 26 Jan
Dacia encourages Duster buyers now to 'flex' into new model this winter
Dacia UK is hoping a new lease product, 'Flex', will tempt its Duster buyers into taking two bites of the cherry in 2024, by allowing them to minimise their commitment to long-term vehicle ownership.
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Finance 24 Jan
FCA sends in independent expert to car loans firms for commission probe
The Financial Conduct Authority has appointed a third-party independent expert to consult with car loans firms as the regulator progresses its review of historic discretionary commission arrangements.
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Finance and insurance 24 Nov
Help for dealers on making every F&I revenue stream count
While watched by the Financial Conduct Authority, finance and insurance still delivers welcome profit for car dealers. Debbie Kirlew reports
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Opinion 24 Nov
Executive View: Car usership versus car ownership the future of mobility?
Mike Todd, chief executive of Volkswagen Financial Services UK, ponders the need for motor retail to offer options which cater for all preferences, now and in the future.
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Finance 3 Nov
Unlock the value of automotive finance at AM Live
This month’s AM Live will feature an interactive panel discussion that will explore how to unlock future opportunities through automotive finance.
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Finance 31 Oct
FCA scrutiny of buy-now-pay-later contracts prompts action
The Financial Conduct Authority (FCA) has moved to protect those in financial difficulty by requesting unregulated buy-now-pay-later BNPL firms to make changes to potentially unfair and unclear contract terms as new research reveals a significant increase in the use of short term financing.
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Technology 25 Oct
ATG and Vyne drive down transaction fees by over 70% with open banking tech
ATG and account-to-account payment specialist Vyne have been able to cut retailers’ transaction fees by up to 73% with open banking technology.
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Opinion 24 Oct
Executive view: Strong RVs crucial to new Chinese OEMs' success
Darren Sinclair, iVendi chief customer officer, shares his views on some of the crucial factors that will determine Chinese OEM success in the UK.
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Finance 20 Oct
Monthly maintenance subs set to become go-to payment method: EMaC
Monthly subscriptions are becoming the preferred payment method for car buyers purchasing maintenance plans, according to a business specialising in managing manufacturer service plans
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Manufacturer 12 Oct
Chinese car brand Zeekr signs up car finance, leasing and insurance partners
Geely's electric vehicle brand Zeekr has signed a pan-Europe deal with BNP Paribas Personal Finance and Arval for motor finance, full-service leasing and insurance services.
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Finance 25 Sep
Online GAP insurer brands FCA warning ‘irresponsible’
Gap insurance experts are calling for the Financial Conduct Authority (FCA) to clarify its stance, citing its recent blanket warning as “irresponsible”.
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Finance 22 Sep
FCA warns GAP insurers to provide fair value or risk action
The FCA has given insurers a three-month ultimatum after recent data revealed that guaranteed asset protection (GAP) products could be failing to provide fair value.
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Car Dealer News 15 Sep
With FCA Consumer Duty, TC Harrison invests to support vulnerable customers
TC Harrison Group is investing in systems and training to help its workforce identify and support vulnerable customers in line with Financial Conduct Authority demands.
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Market Insight 13 Sep
Four in 10 do not understand car finance: Jato Dynamics
New research by JATO Dynamics, has found that a large proportion of consumers across EU5 (France, Germany, Italy, Spain and the United Kingdom) are confused by car finance packages – unable to understand and differentiate between the details of finance products.
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Car Dealer News 12 Sep
EV lease firm Onto collapses into administration
Electric car subscription firm Onto, which has a fleet of 7,000 EVs and a customer base of 20,000 subscribers, has collapsed as it ran out of cash.
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Opinion 11 Sep
Executive View: Why you should expect increasing competition for motor finance in 2024
As the UK's new car market climbs towards its more natural level, and the flow of used cars onto forecourts increases, motor retailers should be prepared to see more innovation from finance firms and even new entrants, writes Darren Sinclair, chief commercial officer at iVendi.
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Car Dealer News 8 Sep
Stimulate used EV demand to soak up oversupply or watch uptake crash: industry
The fleet sector’s concerns over the fall in value of used electric cars could be pivotal to the UK’s success in phasing out fossil-fuel models.
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Finance 8 Sep
CA Auto Bank and McLaren team on retail motor finance
International banking group CA Auto Bank and British supercar manufacturer McLaren Automotive have launched McLaren Financial Services in key European markets.
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Digital marketing 6 Sep
The FCA could crack down on social media “wild west” with finance risk warning labels
The Financial Conduct Authority wants to reduce the risks of finance promotions on social media. AM examines what it means for motor retailers' marketing.