Auxiga UK & Ireland, formerly Vehicle & Asset Solutions (VAS), is entering a new phase as a pan-European audit and risk partner for the motor and asset finance industry.
The rebrand reflects the company’s evolution from a UK-focused vehicle audit provider into a broader specialist in asset audits, dealer oversight and risk management across multiple asset classes.
Auxiga’s MD and Commercial Director, Paul Neal and Grant West, recently spoke to Finance connect about the company’s evolution, and the resulting article is available here.
Auxiga profile in Finance Connect: A quick summary
Today, Auxiga audits £28.6bn of assets annually, supporting funders with independent verification and in-life asset inspection across everything from vehicles and construction equipment to agricultural machinery and specialist plant. As lending markets become more complex and risk visibility becomes more important, independent asset finance audits are increasingly seen as a core part of lender governance frameworks.
The regulatory environment is also driving greater focus on broker and dealer oversight. With lenders accountable for how products are distributed, structured governance and consistent audit processes are becoming essential to protecting both customers and brand reputation. Auxiga supports this through a combination of digital oversight tools and targeted physical audits, giving funders clearer insight into intermediary practices and asset risk.
Looking ahead, the future of asset auditing is likely to be data-led and hybrid. Technology can deliver scale and faster analysis, but physical inspections still provide the contextual insight that data alone cannot capture. By combining both approaches, Auxiga aims to continue supporting lenders as a trusted partner in audit, oversight and asset risk management.
Read the full article on the Finance Connect website.