Mann Island Finance has hit the £1 billion lending milestone, which it says cements its position as a “significant player” in the UK motor finance sector.
Car finance sales opportunities remain for motor retailers despite tougher economic conditions, new business models and the upcoming FCA Consumer Duty requirements
Click the thumbs up >Super-fit automotive sector fund-raisers walked, cycled and ran their way to a £159,000 charity windfall as part of the Breakout For Ben initiative.
The fund-raising effort, which previously took the form of a cross-continent driving challenge run by AM100 car retail group TrustFord, saw 986 people take part in a 10-day exercise challenge to help the automotive sector charity bridge a £1 million funding shortfall brought about by the COVID-19 pandemic.
In total, over 80,000 miles were travelled by employees from across the sector who embarked on a virtual journey visiting motor racing circuits across the UK, starting at Pembrey Circuit in north Wales and taking in all four home nations, before ending at Silverstone.