IAFN Conference breaks attendance record amid focus on digital future

The annual International Auto Finance Network Conference will have a record number of delegates when it opens this Friday with almost 300 industry leaders now signed up to take part. The conference takes place at the London Hilton Tower Bridge on January 26, 2018, with presentations and insightful commentary from nearly 60 expert speakers and panellists representing the auto and fleet finance sectors.

IAFN Conference breaks attendance record amid focus on digital future

Jan 22, 2018

The annual International Auto Finance Network Conference will have a record number of delegates when it opens this Friday with almost 300 industry leaders now signed up to take part. The conference takes place at the London Hilton Tower Bridge on January 26, 2018, with presentations and insightful commentary from nearly 60 expert speakers and panellists representing the auto and fleet finance sectors.

Aldermore forms Specialist Car Team as market growth continues apace

There have been significant changes afoot at Aldermore following Patrick Jelly’s appointment as commercial director for asset finance in January 2017. His responsibilities range from the introducer sales teams across the broker, dealer and manufacturing sectors and include all the UK-based sales support activities.

Aldermore forms Specialist Car Team as market growth continues apace

Jan 22, 2018

There have been significant changes afoot at Aldermore following Patrick Jelly’s appointment as commercial director for asset finance in January 2017. His responsibilities range from the introducer sales teams across the broker, dealer and manufacturing sectors and include all the UK-based sales support activities.

BCA Partner Finance hits new record

BCA Partner Finance has reported record demand in 2017 with funding provided for more than 100,000 vehicles. The business finance arm of remarketing giant BCA has grown rapidly and now supports 1,200 customers with finance facilities for used vehicle stocking.

BCA Partner Finance hits new record

Jan 15, 2018

BCA Partner Finance has reported record demand in 2017 with funding provided for more than 100,000 vehicles. The business finance arm of remarketing giant BCA has grown rapidly and now supports 1,200 customers with finance facilities for used vehicle stocking.

EMEA

Used cars drive UK auto finance growth as new car demand falls

Jan 11, 2018

Used cars are increasingly taking the lead in the auto finance market as the UK new car market struggles. New figures released by the Finance & Leasing Association (FLA) show that new business volumes in the point of sale (POS) consumer new car finance market fell by 8% in November 2017, compared with the same month a year ago. For the 12 months to the end of November, the number of new cars bought on finance by FLA members fell 7% year-on-year.

Americas

Consumers value role of dealers in a digital world

Jan 19, 2018

The auto dealership remains central to car buying, but the business model needs to change to meet shifting consumer preferences, according to a study from Cox Automotive. It showed that while most consumers prefer completing at least one step of the car buying process online, most car buyers want to finish the transaction at a dealership.

Asia Pacific

Volkswagen Financial Services Australia pays penalty for misleading finance ads

Nov 30, 2017

Volkswagen Financial Services Australia (VWFSA) has paid a penalty of AUD$216,000 (US$163,000) after the Australian Securities and Investments Commission (ASIC) issued infringement notices for alleged misleading advertising statements. The penalty related to VWSA’s ‘1% you can’t ignore’ advertising campaign, with ASIC issuing 20 infringement notices in total.