The FCA is replacing its Gabriel regulatory reporting system with RegData starting from October 17 and 18.
Forthcoming Financial Conduct Authority (FCA) changes to the motor finance sector should be embraced as a “promotional and profit opportunity” by used car dealers.
The Department for Business, Energy and Industrial Strategy (BEIS) will aim to help automotive and retail businesses to prepare for Brexit as part of a series of webinars taking place this month.
Cambria Automobiles were given an opportunity to discuss the challenges facing the automotive retail sector with the Secretary of State for Transport, the Rt Hon Grant Shapps, during a recent showroom visit.
Some UK based car manufacturers – especially Japanese ones - could end up facing export tariffs with or without a Brexit free trade deal with the European Union (EU).
Car buying consumers are largely unaware of the green numberplates and Government's plug-in car grant (PiCG) in-place to boost the take-up of electric vehicles (EV) across the UK.
Car retailers have been urged not to not put their preparations to comply with the Financial Conduct Authority’s (FCA) Senior Manager Certification Regime (SM&CR) “on the back burner” as a result of the recent deadline extension.
The National Franchised Dealers Association (NFDA) has welcomed a “Skills Speech” by Prime Minister Boris Johnson, expressing hope that it may indicate a move towards jobs generating reforms.
Car retailers are among businesses across the UK which must now display QR codes to allow the NHS COVID-19 ‘track and trace’ app to monitor the movement of their staff and customers.
Chancellor of the Exchequer Rishi Sunak has outlined details of a new COVID-19 job support scheme to replace the furlough option offered by the current Coronavirus Job Retention Scheme (CJRS).
Banning the sale of new petrol and diesel cars by 2030 puts motorists and automotive industry workers at risk, warns the IMI.
A Trade Centre Group radio advert said to have placed PCP finance terms at the start in an effort for added prominence has been banned by the Advertising Standards Authority (ASA).
The National Franchised Dealers Association (NFDA) has urged car dealers across the UK to ensure all staff comply with Government’s new face masks rules for retail sector staff.
Car retailers across the UK will be donning face masks after Prime Minister Boris Johnson announced more stringent measures to keep the COVID-19 infection rate in check this lunch time.
A survey from Rivervale Leasing has found that 63% of drivers do not trust their infotainment system, despite using them almost daily.
The Finance and Leasing Association (FLA) has urged Government to not ‘prematurely end’ its COVID-19 finance support for UK business in a co-signed letter to Chancellor of the Exchequer Rishi Sunak.
Tesco is the latest business to join the UK Electric Fleets Coalition, a group of 27 companies calling on the Government to bring forward a ban on the sale of new petrol and diesel cars and vans to 2030.
The Financial Conduct Authority (FCA) has identified £3.7 billion in potential car and home insurance sector reforms being considered as part of a new consultation.
The motor finance sector must reinvent itself in light of the Financial Conduct Authority’s (FCA) new regulations which will ban all discretionary commission models from January 28.
The Finance and Leasing Association (FLA) is set to make submissions urging Government to extend its COVID-19 business lending and introduce tax incentives to boost the adoption of alternative fuel vehicles (AFV).
Insurers will have to pay out claims on business interruption insurance policies amounting to hundreds of millions of pounds after a High Court ruling this week.
Ford of Britain chairman and managing director Andy Barratt has called for the UK Government to appoint a Minister for Electrification to “kick-start” and coordinate a comprehensive electric vehicle (EV) strategy.
The Society of Motor Manufacturers and Traders (SMMTS) has called for a Government incentives and binding charge point infrastructure commitments to boost electric vehicle take-up on the ‘Road to Zero’.
Car retailers should be compelled to familiarise and educate customers with new in-car technology as part of new responsibilities towards road safety, according to IAM Roadsmart.
Dealers need to ensure their technology is keeping up with new Financial Conduct Authority (FCA) regulations on commission unveiled recently, iVendi is warning.
