V12 Vehicle Finance - powered by Secure Trust Bank - has landed a new auction partnership with Scotland's Central Car Auctions, in a bid to provide a seamless used vehicle proposition.

V12 Vehicle Finance - powered by Secure Trust Bank - has partnered with Wilsons Auctions, the UK and Ireland's largest independent auction company, to launch WilPay, a stock funding proposition.

The automotive landscape is changing rapidly. The digital revolution - accelerated by the economic pressure of Covid-19 - has transformed online buying behaviours and introduced a new wave of advanced technology that'll inevitably force the automotive industry to rethink its business model.

As the automotive industry undergoes a digital transformation, assumptions about consumer habits are being challenged. With the ability to buy a car online without speaking to a single person, a new generation of customers with increasingly different buying behaviours have begun rewriting the rules for automotive sales.

The digital revolution of the automotive industry is already underway. As a result, many manufacturers and suppliers are embracing the advantages of digitalisation, benefiting from increased productivity, greater flexibility, reduced costs and shorter times to market.

Customers are also likely to benefit from more personalised, higher-quality vehicles with increased product content and connectivity.