The HMRC online portal allowing businesses to register employees for Government’s Coronavirus Job Retention Scheme (CRJS) is set to feel the strain when applications flood-in following its launch today (April 20).
One in two UK car retailers fear they will be forced to make redundancies before the end of 2020 as a result of the impact of the COVID-19 coronavirus outbreak.
The Financial Conduct Authority (FCA) has said that it expects motor finance providers to offer “exceptional and immediate support to customers facing payment difficulties” due to COVID-19 coronavirus.
Chancellor Rishi Sunak has written to Simon Bailes Peugeot to praise the car retailer from its support of the NHS during the COVID-19 coronavirus outbreak.
The number of complaints about motor vehicle insurance products fell 13% to 242,041 in the second half of 2019 from 277,363.
Rising unemployment could hamper retail business’s ability to recover from the COVID-19 coronavirus lockdown as the prospect of longer-term disruption threatens to leave the UK economy “scarred”.
The Finance and Leasing Association (FLA) wants Government and the Bank of England (BoE) to take urgent action to support the non-bank lending market durin the ongoing COVID-19 coronavirus lockdown.
Finance houses will soon ramp up help for customers struggling to pay their loans and motor finance contracts during the ongoing coronavirus crisis.
Father and son directors of a used car dealership have been banned from running companies after they put Car Place Birmingham into liquidation without paying fines incurred in Trading Standards prosecutions.
The Independent Motor Dealers Association (IMDA) has celebrated the inclusion of regular commission payments in the calculation of their income in revisions to the Government’s Job Retention Scheme.
The Financial Conduct Authority (FCA) may allow businesses to defer their subscription fees as they battle to minimise outgoings during the COVID-19 coronavirus crisis, the National Franchised Dealers Association (NFDA) has said.
Car retail groups with revenues of up to £500 million are now eligible to apply for funding from the Government's Coronavirus Business Interruption Loans (CBIL) scheme in a bid to drive support during the COVID-19 lockdown.
MoT centres could be transformed into COVID-19 coronavirus test facilities to help meet Government’s aim to ramp-up its diagnosis of the virus, it has been claimed.
The Financial Conduct Authority (FCA) has proposed a three-month temporary payment freeze on loan and credit card repayments to help consumers cope with the “unprecedented financial shock” triggered by the COVID-10 coronavirus lockdown.
The arrival of the connected car, with its incredibly valuable dataset, will see OEMs encroach on the retailer’s patch even more, but dealers are unlikely to give ground lightly.
After initial panic and confusion, has the industry got to grips with data collection?
A petition arguing that commission payments from car sales should be included in the Government’s Coronavirus Job Retention Scheme wage calculations has attracted almost 8,000 signatures in less than two days.
With the UK government considering whether to bring forward a ban on the sale of petrol, diesel and hybrid cars to 2032, Ana Ramirez Aguirrezabala, international head of auto at market research company Simpson Carpenter, argues that the UK’s political leaders need to do more to persuade consumers to give electric vehicles (EV) a try.
Car retail staff will be among the UK employees whose commission-led monthly salaries will be detrimental to their income as “furloughed workers” as part of the Government’s Coronavirus Job Retention Scheme.
Companies House has announced a three-month extension to the to the year-end accounts filing deadline in response to the impact of COVID-19 coronavirus.
Cars, motorcycles and vans will all be subject to a temporary six-month MoT exemption in an effort to maintain essential travel during the COVID-19 coronavirus outbreak, the Department for Transport (DfT) has announced.
The National Franchised Dealers Association (NFDA) has called for a three-month MOT moratorium during the Government-imposed lock-down of non-essential retail businesses.
Coronavirus-prompted car dealership closures resulting from Prime Minister Boris Johnson’s lock-down of non-essential retail businesses will see ‘80% of car dealership employees’ placed on Government salary support.
Several franchised dealer groups had announced on Monday the temporary closures of their car showrooms just hours before Prime Minister Boris Johnson announced a lockdown of all non-essential workers and businesses tonight.
Government will only reimburse up to 80% of the monthly wage of car dealership employees if their jobs have been put “at risk” by the current COVID-19 coronavirus outbreak.
