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Car Finance: ING withdrawal sees Bridford & DSG merge

The withdrawal of ING from the UK car finance market has led to the merger of Bridford Financial Solutions and DSG Financial Services. The resilience of the UK’s luxury car market is, to a great degree, driven by the availability of decent finance deals to secure a sale, and much of that business was underwritten by ING. But ING has withdrawn from the UK car finance market.

70% of premium brand cars stolen are taken with the car’s own keys

High-end SUVs – like the new Range Rover (pictured) are a prime target for car key thieves There was once a time when all it took to steal a car was a wire coathanger and the ability to hotwire the ignition. But as car makers have got better at securing the second most expensive asset most of us will ever own, car thieves have had to look for a different approach, and that approach is increasingly to relieve owners of the keys to their pride and joy. Cobra – the vehicle tracking firm – are reporting that a massive 70 per cent of all premium brand cars stolen in 2014 – with an average value of £40k, up £6k on 2012 – are being parted from their owners using that owners keys.

Saab fans gather outside GM headquarters

The 60-plus-year history of Saab may come to an inglorious end in the next few days if General Motors and Dutch supercar maker Spyker--or perhaps a dark-horse bidder--fail to reach an agreement to save the iconic Swedish maker of premium cars. But the potential death of yet another GM brand raised some voices of dissension--and passion--as a crowd of about 30 Saab enthusiasts braved temperatures in the 20s and snow flurries to show their support for Saab at a gathering near GM's global headquarters in downtown Detroit. The event was organized by the Ryan Emge, editor of a Saab.History.com, and was part car show, part rally and part family gathering.