In a year dominated by the Covid-19 pandemic and its lockdown conditions, car sales fell back. However, while new car registrations fell 29.4% in 2020, used car sales only reduced by 14.9%. The trend...
Read moreRELIEVED RETAILERS REOPEN SAFELY TWO RETAILERS CELEBRATE LANDMARKS GLASGOW MOTORPOINT SOLD CLAIMS MANAGEMENT COMPANY COMMISSION WARNING POLESTAR RETAILER SUSTAINABILITY DECLARATIONS SPAIN...
Read morePARTNER FEATURE Findandfundmycar.com has celebrated its third birthday and does so by digging into some data The idea of a dealer-centric car aggregation service that offered an integrated finance...
Read more28 January is a pivotal opportunity for motor finance to reinvent itself and create a new level of consumer trust and confidence in the dealer finance model. It is also a significant opportunity to...
Read morePARTNER FEATURE Finance sales from dealer switching to the MotoRate pricing model show year-on-year growth of over 70% Approaching 2,000 dealers are now live on MotoNovo’s innovative MotoRate...
Read moreThe Financial Ombudsman Service (FoS) set out its five-year strategy in early June. In its three strategic priorities, the Ombudsman highlights the prevention of complaints and unfairness prominently....
Read morePARTNER FEATURE MotoNovo has launched a new approach to finance that has seen a large pilot group of nearly 200 dealers increase their finance penetration by 40%. I hope this has caught your...
Read moreNO AUSTERITY BUT NO VAT RATE CUT UK ‘CHAPTER 11’ BECOMES LAW DELAY HARMS SCOTTISH RETAILERS VW LOOKS TO BUY EUROPCAR AUTO TRADER TO WORK WITH EBBON-DACS FRENCH CAR SALES RECOVER INCHCAPE...
Read morePARTNER FEATURE Over the past eight weeks, Team MotoNovo has never worked harder or arguably achieved more. We have become crisis-fit and ready for the challenges ahead. I hope our experience might...
Read moreThe FCA has acted to protect those buying motor finance, with the announcement that it intends to ban the way in which some car retailers and other brokers in the motor finance sector receive...
Read morePressure on motor finance companies looks set to see changes in the months ahead and lenders and dealers must adapt. This is the view from MotoNovo CEO Mark Standish as he surveys a number of pressure...
Read moreIn its review of the motor finance market, the FCA has thrown down the gauntlet to lenders and dealers to improve the customer proposition and experience. So says MotoNovo Finance CEO Mark Standish,...
Read moreWith the pace of digitisation accelerating fast, MotoNovo Finance is encouraging more dealers to look again at how they can benefit from finance technology and prepare for a greater integration of...
Read more