MotoNovo has announced the arrival of Phil Morgan as the head of its newest venture; findandfundmycar.com.

MotoNovo Finance has issued a strongly worded rebuttal of comments about car financing made by Confused.com in the Daily Mail.

MotoNovo, who might just turn out to be the challenger to the all-powerful classified cars for sale website Auto Trader, have appointed Phil Morgan to head up their new online classifieds venture which is being called findandfundmycar.com.

Phil Morgan, former chief finance and operating officer at GoCompare.com, has become as head of a new business at MotoNovo Finance.

MotoNovo reaches out to students at Cardiff University's Grad Fair.

1,700 dealers have been recruited for findandfundmycar.com so far, which goes on beta testing this summer.