All articles by Richard Irvine-Brown

Richard Irvine-Brown

Brokers full of spirit in the month of May

Motor finance brokers Mann Island Finance, DSG Financial Services and Car Loan 4U have been busy this month, targeting a finance tool at customers on the edge of prime, separating regional business, and appointing a non-executive director, respectively.

Tesla improves US finance deal on electric sedan

Tesla Motors has reshaped the finance offering on the Model S sedan announced last month to a mix of praise and criticism.

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.

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”.

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.