With 1 in 8 cars seized by police because of tax or insurance evasion recorded as having outstanding finance against it, HPI’s CrushWatch is helping finance companies protect their assets by reclaiming vehicles before they get crushed. HPI CrushWatch recently recovered three vehicles worth over £100,000 to motor finance companies, including a high performance Audi [...]

The British Vehicle Rental and Leasing Association (BVRLA) has revised its Code of Conduct for brokers in a bid to increase standards of professionalism and customer service in the sector.
The BVRLA Leasing Broker Committee decided to strengthen the new code for the New Year, with the new code due to come into effect from 1 [...]

Having established itself as one of the top selling car manufacturers in the UK, Hyundai has now set its sights on conquering India.
Hyundai Motor India Ltd has signed a Memorandum of Understanding with the Central Bank of India, one of the leading public sector banks with a nationwide presence for car loans for its entire [...]

Given the plight of the automotive industry over the last 12 months, sometimes what appears on the surface to be more bad news can actually be turned into a positive.
So if you hear that motor finance business volumes remain lower than last year, you might assume this marks more doom and gloom for the industry. [...]

Hopes that the car sales market may be rejuvenated have taken a blow after the Finance and Leasing Association (FLA) warned that there is a shortage of dealer finance available to customers.
Though banks have received substantial Government aid to assist them during the recession, motor finance providers, which are usually divisions of car firms, have [...]

The latest statistics released by the Finance and Leasing Association (FLA) show the impact of the recession on motor finance providers in the UK; consumers purchased 21 per cent fewer new cars and 21 per cent fewer used cars with dealer finance in February 2009 compared with February 2008.
Consumer leasing of new cars also fell 36 [...]

The future of London as a financial centre could be decided by this week’s G20 Summit.  The summit which opens on Thursday, will address how world leaders expect to tackle the global downturn. The Association of British Insurers is warning that the host city has the most to lose if any overly onerous regulatory framework [...]

Lord Mandelson says he wishes talks to boost the car finance sector had ‘gone quicker’, the BBC reports.
The Business Secretary told the BBC that the Bank of England and the Treasury were ‘doing their best’ but it is a ‘very complex area.’
Pressure has been growing on the government to assist finance arms of the motor [...]

Contract hire experts Acorn Finance have issued advice to fleets and car leasing clients to explain the forthcoming changes to vehicle taxation.
From 1st April 2009, important changes are being made to the tax treatment of cars which will impact all organizations that buy, own or lease cars. These changes are the most significant changes to [...]

The results for new and used cars sold at Hatfileds Chrysler Bury have improved dramatically in 2008! 630 units have been sold this year compared to 368 units in 2007 which has led to the dealership being noted as the best performing Chrysler, Jeep and Dodge dealer in the country. A forward thinking marketing strategy [...]