‘Failure to embrace trends could cost motor finance players market share’
Consulting firms Capita and Finativ have co-authored a whitepaper highlighting the need for disruption in the motor finance industry similar…
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New car finance market records largest contraction since February 2021
In June 2022, the UK new car finance market recorded its ‘largest contraction’ in new business volumes since February 2021…
Rental and leasing firms to retain ‘end user’ status post-Brexit
The Competition and Markets Authority (CMA) has formally clarified the legal status of rental and leasing firms in the vehicle…
UK car production fell by almost 20% in first half of year
Car production in the UK fell 19.2% in the first six months of 2022 primarily due to a shortage of…
Germany to slash electric car subsidies from next year
The German government has decided to cut subsidies offered on electric vehicles as the growing number of battery-powered cars makes…
Car retailers face tough times ahead as market slows in 2022
Car retailers in the UK will have to deal with increased competition and reduced margins as the market slows in…
Vehicle price hikes damaging manufacturer-fleet relationships, warns AFP
Association of Fleet Professionals (AFP) has cautioned that that increasing prices and discount rollbacks on new cars and vans are…
UK used car prices record sixth consecutive monthly fall in 2022
INDICATA Market Watch insights’ latest report reveals that the UK is the only market in Europe where used car prices…