All articles by Richard Irvine-Brown

Richard Irvine-Brown

Mazda aims for 20% growth with higher finance penetration

Japanese carmaker Mazda aims to grow its UK business by 20% in the 2013 financial year and continue its above-average finance penetration rate.

DataBank: FLA Vehicle Recovery Scheme, April 2013

Finance & Leasing Association Vehicle Recovery Scheme statistics for April 2013, run in conjunction with the ACPO Vehicle Crime Intelligence Service and HPI CrushWatch.

Santander plans bike finance penetration rise

Santander Consumer Finance, the motor finance operation of the Spanish bank, has said it will not concentrate on rates and terms to make the most of its penetration into motorcycle finance.

Stoneacre ‘sustainable growth’ aim for finance

Steve Reynolds, group F&I manager at 29-site dealer group Stoneacre, has said the group has committed to its expansion into finance provision with the aim of “sustainable growth”.

Dealer confidence continues decline – CAP

Vehicle valuation firm CAP has said new-car finance deals are responsible for the continued problem of a lack of retail-quality stock available to independent, used dealers.

Funding Corporation names employee of the year

Independent subprime lender The Funding Corporation has named Neil O’May employee of the year for his work in refitting the company’s headquarters.

US major lenders’ growth as sales rise

Just as in the UK, US new vehicle registrations have rocketed at the start of 2013, passing five million sales by the end of April, a rise of 7.2% year-on-year, and 18.9% compared to the same period of 2011.

Subaru crossover offers through Black Horse

Following last week’s finance offer from SsangYong on the Korando, Subaru UK has announced a pair of incentives on its XV crossover model.

Autorola to remarket Volvo

Autorola has signed an agreement with Volvo Car UK to remarket the marque’s used cars online.

SsangYong launches £199/month PCP

SsangYong has made its SUV-crossover Korando model available on a three-year PCP package.