Dec 06, 2019: Kew Vehicle Leasing is to openly disclose the amount of finance commission it receives on all regulated Personal Contract Hire (PCH) agreements. The move is a bid to lead the industry with transparent processes as other finance sectors come under ...

 

Nov 21, 2019: Fleet Alliance Group, the UK-based vehicle leasing and fleet management company, is calling for an education drive to help improve public understanding of car finance. The call comes after the Financial Conduct Authority began consulting on plans ...

 

Nov 18, 2019: OEMs and their finance captives have never had a better opportunity to harness data and use it to drive growth in the auto finance industry, but they risk missing out unless they develop a better understanding of what AI and machine learning is, an...

 

Nov 18, 2019: Auto finance captives and their OEMS are grappling with a range of challenges which are stretching their development resources to the limit and are having the effect of putting the brakes on development of servitized auto finance. If they allow in...

 

Nov 18, 2019: Auto finance companies currently expect the transition to servitized auto finance to happen gradually over the next 10 years, but connectivity and electrification may accelerate the changeover. This is one finding from a new research report Gearin...

 

Nov 04, 2019: The boards of Groupe PSA and Fiat Chrysler Automobiles have unanimously agreed to work towards a merger that would create one of the world's largest vehicle manufacturers. Their respective teams are working to finalise a binding Memorandum of Unde...

 

Oct 15, 2019: The Financial Conduct Authority (FCA) is consulting on plans to ban the way in which some car retailers and other brokers in the motor finance sector receive commission. Currently, some motor finance brokers receive commission which is linked to t...

 

Oct 14, 2019: Nearly half of UK consumers who recently purchased a car with finance were unable to identify what type of finance deal they signed up for, according to new research by peer-to-peer lender Zopa. The lender warns that consumers are more confused th...

 

Oct 11, 2019: Automotive dealer group Inchcape has sold its leasing and fleet management business to Toyota for £100 million as part of a strategic review. The sale of Inchcape Fleet Solutions to the manufacturer’s Toyota Fleet Mobility arm will see Inchcape fo...

 

Sep 30, 2019: Two divisions of the BNP Paribas Group in the UK – BNP Paribas Personal Finance and car leasing specialist, Arval – are joining forces to launch a new stock financing solution for motor dealers across the UK. Dealerships can purchase and finance t...