Two recent car loan misselling cases heard by the Financial Ombudsman Service (FOS) against Black Horse Motor Finance and Barclays Partner Finance have been mentioned by the FCA as particularly influencing its decision to dive deeper into this issue.
Richard Balshaw has returned to Toyota GB to take on the new role of director of strategy, business transformation and people.
TrustFord has appointed its fleet and commercial vehicle director Mark Wilkie, passenger vehicle sales director David Cox and aftersales director Stuart Cresswell onto its main board of directors,
Tyne and Wear-based independent dealer group Redgate Lodge has hired Paul Keighley as its operations director.
Employees are rarely hired as a team, so effective leaders must ensure they gel together and understand their purpose, says Dr William Holden, chairman of Sewells,
The Financial Conduct Authority could implement a simplified claims process if it deems there has been widespread unfair treatment of car buyers due to discretionary commission agreements between lenders and car dealers or brokers.
The Financial Conduct Authority has announced it is looking deeper at historical agreements between motor finance companies and their brokers or car dealers because of mounting complaints, some of which have been upheld by the Financial Ombudsman Service. But what is causing its concern?
Historical arrangements used by motor finance firms to pay commission to car dealers and brokers are being reviewed by the Financial Conduct Authority in case consumers have not been treated fairly.
At the CES Show Kia has revealed a concept range of electric vans that will be the foundation of its commercial vehicle sales from 2025.
While car buyers will have more choice of new and used car stock in 2024 the challenges and uncertainties for OEMs and franchised dealers will only continue to mount.
The AM100 leader, Sytner, now owns a sixth of the entire UK network of BMW and Mini dealerships, following the completion of its latest takeover.
AM editor Tim Rose reviews the Nio EL6 electric SUV that is now on sale in some European markets
Results for 2023's new vehicle market show that although Ford has firmly lost its crown overall it can still proudly claim to produce the UK's biggest-selling car and van.
Full year 2023 new car sales data shows Volkswagen dominated the UK’s new car market in 2023, ending the year with 162,087 registrations and market share of 8.52%, almost a whole percentage point ahead of nearest rival Ford’s 7.57%.
With so much going on in 2023 it's impossible to say for certain what one event had the most impact on the UK's franchised networks. Yet our analytics has enabled us to identify the top 15 AM-online articles that were most-read by our core audience of franchised motor retailers.
