The Q1 2021 Industry Outlook Survey by the Finance & Leasing Association shows that the asset finance, consumer finance and motor finance industry see opportunities for growth over the next year despite the heightened uncertainty caused by the latest restrictions to deal with the Covid-19 pandemic and the UK's lowest January registrations for 50 years. Respondents were divided on the outlook … [Read more...]
PCP users paying for poor repairs
PCP users are facing unexpected bills for sub-standard repair work to contracted cars, says the Vehicle Remarketing Association. The organisation, which represents companies that between them handle, sell, inspect, transport or manage more than 1.5 million used vehicles every year, says that more and more cars are being presented for sale online and at auction with what the industry terms … [Read more...]
Motorsport and automotive crowd-sourcing
A new crowd-sourcing website has gone live that allows customers to publish tenders or source quotes and credentials from a range of suppliers within motorsport and the automotive sector. Users are able to create Project Briefs containing a description of what work is required, deadlines, budgets and even file uploads, providing suppliers interested in the opportunity with a level playing … [Read more...]