All articles by Jonathan Minter
Jonathan Minter
Jonathan is the editor of Motor Finance magazine. You can reach him at jonathan.minter@verdict.co.uk
Used car finance lender Oodle receives £60m equity investment
Oodle Finance, a used car finance business, has secured a £60m equity investment with the aim of becoming a major player in the motor finance space.
SMMT: January AFVs break milestone
The number of new cars sold in the UK in January reached 174,564, according to The Society of Motor Manufacturers and Traders (SMMT), 2.9% more than in January 2016, and the highest level for the month since 2005.
FCA to introduce partly contested cases process
The Financial Conduct Authority (FCA) is to introduce a process for partly contested cases, where a person under investigation wishes to agree to certain elements of a case, and contest others.
Former FCA head to join Standard Chartered
Former interim chief executive of the Financial Conduct Authority (FCA) Tracey McDermott is to join bank Standard Chartered, according to various media reports.
FLA asks for more user-friendly regulatory system from FCA
The Finance & Leasing Association (FLA) has called for a more user-friendly regulatory system from the Financial Conduct Authority (FCA), in its response to the regulators Future Mission consultation.
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British motor manufacturing reaches 17 year high in 2016
Just over 1.7m cars were produced in the UK in 2016, an increase of 8.5% on 2015, and the highest number for 17 years, according to figures realised by the Society of Motor Manufacturers and Traders (SMMT).
Epyx: Online sales values beat physical auctions in 2016 for ex-fleet
Online sales values of ex-fleet stock beat physical auctions be an average of 1%, or £220, per vehicle in 2016, technology provider epyx has claimed.
Ford launches US online dealer store
Ford has launched an online webstore in the US, allowing customers to purchase and finance new vehicles via an online dealer website.
BMW FS launches European technology program with Sword Apak
At the end of 2016, BMW Group Financial Services (BMW FS) began the roll out of its Integrated Delivery of a European Application Landscape (iDEAL) program.
Uber agrees $20m redress for misleading earning and finance claims
Ride hailing giant Uber has agreed to pay $20m (£16m) to settle FTC charges that it recruited prospective drivers with exaggerated earnings claims, and also misled drivers on their finance agreements.