Aug 15, 2019: Heycar has launched into the hyper competitive online used car and van classifieds market in the UK. The heycar.co.uk brand is backed by Volkswagen Financial Services AG and Daimler Mobility AG who are joint shareholders. The site has already ama...

 

Aug 01, 2019: The number of electric car models on sale in Europe is forecast to more than triple to more than 200 by 2021 as manufacturers accelerate their zero-emission vehicle programmes. There will be 92 battery electric and 118 plug-in hybrid cars on sale ...

 

Jul 22, 2019: Vehicle subscription provider Lynk & Co will launch in Europe next year as it targets a generation of motorists who don’t want to own their vehicles. The European launch is planned for mid-2020, with the first store in Amsterdam. A small numb...

 

Jul 12, 2019: Northridge Finance has agreed its first OEM partnership to provide motor finance throughout SsangYong’s UK dealer network. The finance company says the partnership, which will trade as SsangYong Financial Services, is a “key milestone” for its UK ...

 

Jul 08, 2019: Peer-to-peer lending pioneer Zopa has launched a new car finance operation in the UK as it seeks to expand its share of the market. Zopa has been providing auto finance as part of its personal loans service since the business launched the first pe...

 

Jul 03, 2019: Vehicle data provider Cazana has announced a new partnership with consumer credit reporting company Experian. Experian will be the exclusive provider of Cazana data to the financial services and banking sectors for the next five years. Cazana’s v...

 

Jul 01, 2019: Auto lender Startline Motor Finance is one of the top 10 fastest growing private companies in Europe, according to analysis by global business magazine Inc.com. The business intelligence company reported that Startline had grown by 8,475% over thr...

 

Jun 27, 2019: UK dealer group Lookers is being investigated by the Financial Conduct Authority over the company’s sales processes for regulated activities. The investigation will focus on the period between January 2016 and June 2019 and follows disclosure in t...

 

Jun 18, 2019: Secure Trust Bank is creating a financial services hub for UK auto dealers with the launch of V12 Vehicle Finance. The launch is part of a strategy to treble the bank’s motor lending by 2023 to around £1 billion through a range of innovative servi...

 

Jun 12, 2019: Car manufacturer Skoda has developed a pioneering car-sharing platform for students who don’t want to commit to outright car ownership during their studies. Uniqway has been developed together with students from three Czech universities. Both stu...