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Volkswagen migrates to Miles platform for fleet contracts

Volkswagen has chosen Sofico’s Miles platform to manage the fleet contracts of Volkswagen Pon Financial Services NL (VWPFS).The joint venture…

Volkswagen China ploughs $180m into AI startup, joins forces

Volkswagen Group China has invested $180m into artificial intelligence start up Mobvoi, and entered a strategic partnership.The funds will be…

Hyundai launches Hyundai Finance, shifts from independent motor finance providers

Hyundai has launched Hyundai Finance, a captive motor finance, just months after launching Hyundai Capital Bank Europe (HCBE) in January.HCBE…

FLA: Car finance down 2% in February

New business volumes in the point of sale consumer car finance fell 2% year-on-year in February, according to the Finance…

Alphabet appoints Oswald as CFO

Fleet provider Alphabet GB has appointed Stefan Oswald to the role of chief financial officer, replacing Albert Vissers, who returned…

NFDA: Half of consumers have not used the internet to research maintenance services

Nearly half, 49%, of consumers have not used the internet to research typical car maintenance services such as tyres, service,…