With rising consumer debt and customer confusion about motor finance products such as PCP and PCH, Lauren Pamma, head of commercial management at Black Horse warns that the industry is coming under...
Read moreThe UK new car market achieved a 12-year high in January, with 174,564 registered vehicles representing a 2.9% year-on-year uplift and the highest level since 2005. Private registrations led the...
Read moreThe UK new car market achieved another record year in 2016 despite a fall in the December figures Annual registrations climbed for the fifth year in a row to reach almost 2.7 million, but the growth...
Read moreWhile the 66-plate change saw registrations in the UK top the two million mark, with overall growth in September of 1.6% compared with the same month in 2015, all of this came from the fleet sector,...
Read moreNone of the rhetoric about anticipated stability or moderate growth could hide the fact that decline in retail registrations is appearing to be accelerating, falling in July by 6.1% after the...
Read moreDemand for new cars in the retail sector continued its decline in June, down 4.5% after a fall of 3% in May. With a drop of 25% in business registrations as well, the over all figures for June...
Read moreRetail registrations fell in May for the second month in a row, dropping by 3.0% after the fall of 2.5% in April. Overall private registrations for the year-to-date are still up on 2015, but the lead...
Read moreBlack Horse Finance managing director Richard Jones has hit out at some rival lenders that he believes have yet to comply with last years FCA changes. Speaking exclusively to Auto Retail Bulletin,...
Read moreThe views of Black Horse chief Richard Jones on the subject of the captive finance house model as reported in Agenda are, Im guessing, likely to resonate with many in the auto retail industry....
Read moreManufacturers captive finance houses are putting undue pressure on retailers to sell their products to customers, potentially making it difficult for franchised retailers to offer the best schemes...
Read moreCAPTIVE FINANCE HOUSES UNDER FIRE CITROEN TO REVEAL DS NETWORK DETAILS AT RETAILER CONFERENCE FORD WANTS TO BE YOUR FRIEND AUTO-SPECIFIC WEB DOMAINS GO PUBLIC ZEROLIGHT NAMED AUDI’S OFFICIAL VR...
Read moreThe emissions scandal may be beginning to bite for VW retailers, with November registrations in the UK down by almost 20%, in the month, which saw registrations of new cars more broadly return to...
Read moreThe new car market recorded its 42nd consecutive month of growth in August according to the latest SMMT figures. New car registrations increased 9.6% to 79,060 for the month, taking year-to-date...
Read moreCar retailers are anticipating strong sales in the coming months following reports that March had the highest rates of new car sales this century. To ensure retailers can take advantage of the current...
Read moreMay is often a quiet month for new car sales, in the lead up to the summer plate change, but the UK market continued the trend of growth. It might have been on a more modest scale than earlier in the...
Read moreAre car sales about to roar ahead? That seems to be the positive message circulating within the sector this autumn. The UK has been feeling the benefit of a record 42-month unbroken run of growth in...
Read moreNew car registrations in the UK reached their highest ever September total last month, with 462,517 cars registered as buyers took advantage of a range of competitive deals on the latest 65-plate. The...
Read moreMotor vehicle sales are on the rise. This has led to an increase in vehicle finance take-up rates, and three quarters of new cars are now sold using point of sale finance. So significant is this...
Read moreAs the UK economy and consumer confidence remains on a steady path we are likely to see consumers feeling more confident about their personal finances and the prospect of taking on credit. We would...
Read moreRetailers must build trust with their customers in order to succeed selling cars on finance, according to Chris Sutton, managing director of Black Horse. And given that the vast majority of new car...
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