According to a recent press report, UK
car finance company
ACF car finance have decided to withdraw from the
motorbike and
bike finance markets.
The
company reportedly made the decision following low
sales of motorbikes, with the bike
finance arm of the
business therefore also rendered non-profitable. ACF have
decided to stick doing what they do best, which is selling
vehicles and
vehicle finance .
The
sales and
marketing director of ACF
Car Finance, Norman Beaumont, was reported in
the car finance news as commenting: 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.
The group director of operations at the firm, David Challinor,
reportedly said: 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.