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
RCI FS appoints Verex for insurance
RCI Financial Services (RCI FS) has appointed Verex to operate its seven day and annual motor insurance schemes for Renaults and Dacias.
UPDATED: EV manufacturer shifts away from dealer distribution model
International conglomerate and electric vehicle (EV) manufacturer Mahindra International UK has begun distributing its cars in the UK solely via a web interface.
Toyota launches remote finance management tool
Toyota Financial Services (Toyota FS) has launched a customer facing online finance monitoring and management tool, My Finance.
European car sales grow by 6.9% YoY
Car registrations across the EU grew from 1,364,858 vehicles in June 2015 to 1,459,508 in June 2016, a year-on-year increase of 6.9%, according to the European Automobile Manufacturers Association (ACEA).
BoE to holds interest at 0.5%
The Bank of England (BoE) voted to keep interest rates at 0.5% by 8-1 yesterday.
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Arval: Telematics adoption slows in UK
There has only been minimal growth in the adoption of telematics in fleets over the past three years, Arval found in its 2016 Corporate Vehicle Observatory Barometer.
New VP of global sales for Sword Apak
Sword Apak has recruited Jeff Bunch as its new vice president of global sales.
Strong finance growth in May pushes penetration near 85%
Almost 85% (84.3%) all new cars bought in the twelve months to May were bought on finance, after strong growth in the month.
Wheeler to join JLR as head of global finance operations
Graham Wheeler, formerly joint head of Volkswagen Financial Services (VWFS), is to join Jaguar Land Rover (JLR) as global director, financial services, Motor Finance has learned.
Tesla car crash potentially key moment in driverless car insurance
The fatal car accident involving a Tesla in autopilot mode, first revealed to the public last week, could potentially become the key moment in development of insurance for driverless vehicles, according to analysts from Timetrics Insurance Intelligence Center (IIC).