UK
car finance provider, ACF
Car Finance, has announced plans to move out of the
bike
finance and bike sales
markets .
The
company said its strategic
business decision was taken as a result of low volume sales in
the bike
market, making the bike finance area of the business
unprofitable, while adding that the move will allow the
company to focus all of their resources into serving new and
existing customers with
car credit and sales options.
Norman Beaumont, the group’s sales and
marketing director, commented: It is important for us to
focus our energy on the core business and the market place that we
understand inside out,
cars and
car finance .
David Challinor, director of operations at ACF, added: The
decision was made earlier this week and we’ve endeavoured to
communicate the message as quickly as possible to ensure everyone
is made aware of the situation.
ACF Car Finance began
trading in the
car sales and
car loan market back in 2001 and has since seen their customer
base rise considerably thanks to its nine
UK branches.
