• Car finance market enjoys healthy growth

    • 11 October 2022
    • Posted by: Alan Feldberg
    • Category: News
    Consumer car finance new business grew by five per cent in August, according to new figures released by the Finance & Leasing Association (FLA) Meanwhile, the value of new business grew by 13% during the same period In terms of finance for new cars, the FLA reported that the consumer market grew by two per [...]
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  • Car finance market suffers summer slowdown

    • 9 September 2022
    • Posted by: Alan Feldberg
    • Category: News
    Consumer car finance new business volumes fell by three per cent in July 2022 compared with the same month in 2021, according to the Finance & Leasing Association However, the value of new business increased by five per cent over the same period The consumer new car finance market reported a fall in new [...]
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  • Volvo Cars names new financial chief

    • 1 September 2022
    • Posted by: Alan Feldberg
    • Category: News
    Volvo Cars has appointed Steve Catlin as new managing director of Volvo Car Financial Services UK (VCFSUK) He takes up the reins of the business which provides wholesale funding to Volvo Cars’ UK retail network and competitive finance products for customers purchasing new and used cars VCFSUK was established [...]
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  • New digital solution launched for CV buyers

    • 16 August 2022
    • Posted by: Alan Feldberg
    • Category: News
    Volkswagen Commercial Vehicles has launched a new online finance calculator to help buyers select the finance plan most suitable to them The new digital tool enables private or business customers to view and compare available finance plans when buying their next van It offers them the option to adjust deposit, [...]
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  • VWFS reveals record finance levels

    • 8 August 2022
    • Posted by: Alan Feldberg
    • Category: News
    Volkswagen Financial Services UK (VWFS) has financed a record 100,000 used cars so far this year It activated more than 10,000 used finance cases in July alone and is now financing every other used car sold through its retailer network These figures mean that Volkswagen Financial Services UK has seen significant [...]
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  • Car finance market contracts further

    • 5 August 2022
    • Posted by: Alan Feldberg
    • Category: News
    The consumer car finance market is continued to struggle through June with growing demand for used car finance failing to offset declines in demand for new car finance According to new figures released by the Finance & Leasing Association (FLA), new business volumes fell in June 2022 by 12% compared with the [...]
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  • Growth slows for car finance market

    • 16 May 2022
    • Posted by: Alan Feldberg
    • Category: News
    The Finance & Leasing Association (FLA) has reported that the consumer car finance market saw new business volumes up in March 2022 by two per cent compared with the same month in 2021 The corresponding value of new business grew by eight per cent over the same period In the first quarter as a whole, new [...]
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  • Appetite increases for used cars

    • 28 April 2022
    • Posted by: Alan Feldberg
    • Category: News
    Seven out of ten consumers (70%) say that used cars have become more appealing purchases than new in the last month This is according to the very first monthly Startline Used Car Tracker The high cost of new car prices is the number one factor mentioned behind this developing trend (47% of consumers), followed by [...]
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  • Car finance makes strong start to 2022

    • 14 March 2022
    • Posted by: Alan Feldberg
    • Category: News
    New figures released by the Finance & Leasing Association (FLA) show that the consumer car finance market reported new business volumes up in January 2022 by 43% compared with the same month in 2021 The corresponding value of new business increased by 60% over the same period In the 12 months to January [...]
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  • FLA reports dip in car finance

    • 12 October 2021
    • Posted by: Alan Feldberg
    • Category: News
    The Finance & Leasing Association (FLA) has round that the consumer car finance market reported a fall in new business volumes of 10% in August 2021 compared with the same month in 2020 In the eight months to August 2021, new business volumes remained 16% higher than in the same period in 2020 The consumer [...]
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