Auto finance news - Europe

 

Mar 31, 2023: A unique and broad alliance of consumer groups, automotive suppliers, leasing and rental industries, aftermarket operators, vehicle dealers, authorised and independent workshops, data publishers, and insurers have joined forces to call on Commissio...

 

Mar 30, 2023: Stellantis and Crédit Agricole Consumer Finance (CACF) have announced a joint venture to acquire ALD’s activities in Ireland, Norway and Portugal, as well as LeasePlan’s activities in the Czech Republic, Finland and Luxembourg. ...

 

Mar 28, 2023: The majority of dealers are continuing to only buy higher value used cars to order rather than for stock according to the latest Aston Barclay desirability index. Eight out of the ten used cars in the March desirability index are higher value prem...

 

Mar 22, 2023: Stellantis and Crédit Agricole Consumer Finance have announced that they have signed a binding agreement for the acquisition of ALD and LeasePlan’s activities in Portugal and Luxembourg, respectively, following ALD’s proposed acquisition of 100% of...

 

Mar 21, 2023: With used stock supply remaining tight and dealers looking to optimise the opportunities created by the cost-of-living crisis to purchase older stock, buyers are keen to engage with physical auctions. This is the conclusion of an in-depth assessmen...

 

Mar 17, 2023: The three key findings from a detailed research project on the cost-of-living crisis undertaken for MotoNovo Finance involving dealers and consumers are: Consumers are undertaking greater pre-purchase analysis of running and reliability costs. ...

 

Mar 14, 2023: Demand for public transport, which plummeted during the lockdown, has not fully recovered. Falling demand for buses has seen bus networks shrink. At the same time, consumer confidence in trains continues to come under strain due to regular rail str...

 

Mar 13, 2023: Britain’s ability to compete as an electric vehicle (EV) production leader is at risk unless government responds urgently to increasingly fierce international competition, the Society of Motor Manufacturers and Traders (SMMT) warns in a new bluepri...

 

Mar 13, 2023: Electric vehicle (EV) sales will continue their upward trend in 2023 as consumers embrace buying new EVs as a “virtual no-brainer.” Meanwhile, little evidence supports national newspapers' recent spate of “doom and gloom” stories about EVs. That’s ...

 

Feb 27, 2023: Stellantis has announced a US$155 million investment in a project located in Argentina, which will make a major contribution to the company’s plan to become carbon net zero by 2038. Stellantis is acquiring a 14.2% equity stake in McEwen Copper, a s...

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