The UK's motor industry is awaiting the outcome this month of April's Supreme Court case concerning car loans commission and dealers' responsibility to customers, but firms have been urged to prepare.
Insurers expect to just about break even this year – but fear sliding in to the red in 2026
Guaranteed Asset Protection (GAP) insurance payouts almost tripled in 2024 when compared to three years ago, according to new data.
AX Innovation has rebranded to Innovation 24 after Total Specific Solutions (TSS) acquired the business from AX Group.
Tech giant NTT Data has launched its Digital Automated Remediation solution to help banks and lenders efficiently process large volumes of consumer redress claims.
A new white paper from iVendi sets out three strategies for dealers and finance providers to modernise their motor finance operations.
The Financial Conduct Authority has set out some of the factors it will consider if it launches a UK-wide consumer redress scheme as part of its review into car loans commission.
MotorEasy has launched a new GAP insurance product tailored specifically for leased vehicles offering cover if the car is written off and the insurance payout falls short of covering the remaining lease balance.
iVendi is partnering with customer engagement specialist Barbuck to help dealers connect with potential finance customers by turning online interest into real-time conversations.
A car dealer operating illegally in Croydon has had one of his vehicles crushed after repeatedly ignoring council warnings to cease trading on public roads without a licence.
Fires involving electric cars have surged by 77% in just two years, highlighting mounting safety concerns over the lithium-ion batteries.
Rowes Garage fined over £200k after staff diagnosed with Hand Arm Vibration Syndrome from overuse of tools.
Regulatory investigations and authorisations expert Andy Smith has joined the team at Auxillias, the specialist legal and compliance firm.
Brussels is proposing an overhaul of current rules to bring Europe’s MOT standards in line with the rapid rise of electric vehicles.
From September, the EU Data Act will require manufacturers to give vehicle owners control over their data, allowing them to share it with third parties, writes Marcel Wendt, CTO and founder of Digidentity.
Ford’s motor finance subsidiary FCE Bank has set aside £61 million to cover potential compensation claims as it awaits a crucial Supreme Court judgment on car finance mis-selling practices.
Banco Santander is reportedly considering separating its car finance division from the rest of its UK operations, as fears mount over potential redress on motor finance commission
Used car marketplace Motorway has announced a significant upgrade to its insurance offering, Motorway Protect to cover over 90% of vehicles sold on the platform.
Business employees are among the target customers of a new venture which promotes nearly new electric vehicles on leases.
The Supreme Court now faces the complex task of weighing consumer protection against the operational realities of the motor retail industry
The UK's motor finance industry must wait until the summer to hear whether the Supreme Court will overturn the notion that lenders and their partner car dealerships have been unfair with their customers because of the finance commission paid to dealers.
The National Franchised Dealers Association (NFDA) today fiercely countered accusations that its members have engaged in bribery for decades as the Supreme Court appeal continues
Vehicle inventory funding bank Distribution Finance Capital has increased its annual profits from £4.6 million to £19.1m.
A landmark Supreme Court case could determine the fate of a potential £44bn compensation bill linked to undisclosed dealer commissions.
LKQ Euro Car Parts is calling on technicians to ensure that they’ve completed their 2024/25 MOT CPD training before the end of March, ahead of changes to the testing process designed to prevent fraud.
