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Click the thumbs up > Digital finance processes are allowing car retailers to “shave more and more time off the online motor finance process” and improve customers’ retail experience, says Startline Motor Finance. The automotive finance provider’s chief executive, Paul Burgess, claims that the sector has begun to see real, measureable results from the digitalisation of processes during the COVID-19 coronavirus pandemic and insists there is “no going back”. Burgess said: “Almost month-by-month, we’ve seen an increasing impetus to shave more and more time...

13 people found this useful GForces and Autofutura have vowed to connect car manufacturers, automotive finance providers, car dealers and consumers to optimise the entire customer journey with a merger announced today. The two UK-based automotive retail software providers have been brought together with backing from Inflexion Private Equity to create a global business which already serves 20 OEMs and 10,000 car retail locations in 96 countries. The new group will combine the online retail expertise of automotive e-commerce and omnichannel supplier, GForces with Autofutura’s data-driven busi...

9 people found this useful A shift from traditional showroom-based car sales to a wholly-online retail solution would cut dealers cost-per-sale by over 40% - saving the sector over £950m a year. That was the claim made by GForces after it undertook research to establish the potential benefit of wholeheartedly embracing the accelerated digital shift which has swept through the sector during the COVID-19 coronavirus pandemic. Paul Stokes, head of ecommerce at the automotive ecommerce software provider, said that a change in staffing structure, job roles and skillset would be need to make th...