The Government has recently started consulting on bringing forward the ban on petrol and diesel cars from 2040 to 2035...or perhaps even 2032.
The Financial Conduct Authority (FCA) has fined automotive finance provider Moneybarn £2.77 million for failing to treat "vulnerable" customers fairly when they fell behind with loan repayments while in financial difficulties.
Motor traders have faced a dual challenge in the last year or so, reviewing their affordability assessments to meet new guidance from the FCA at a time of economic uncertainty.
The National Franchised Dealers Association (NFDA) has urged Government to safeguard the plug-in car grant (PCIG) in order to “ensure a consistent and successful transition to electric vehicles” by 2035.
The announcement that the UK government is bringing forward the final date for the sale of fossil fuel powered vehicles to 2035 is without a doubt a laudable commitment.
Lookers Group will target “improved operational execution” in 2020 following the appointment of Mark Raban as its new chief executive and Cameron Wade as chief operating officer.
The UK Government is poised to ban the sale of all hybrid, petrol and diesel cars from 2035, Prime Minister Boris Johnson will announce at today’s launch of the COP26 United Nations climate summit.
The National Franchised Dealers Association (NFDA) has called on the Driver and Vehicle Agency (DVA) to allow franchised car dealers to carry out MoT tests as part of a reform of testing legislation in Northern Ireland.
The Financial Conduct Authority (FCA) said, as part of its 2018/2019 Business Plan, it would strive to investigate the effectiveness and impact of its interventions into certain markets and industries.
Government’s decision to double its funding of residential, on-street electric vehicle (EV) charge points to £10 million next year has been hailed as “a positive move” by the NFDA.
Lookers has appointed former Capital One chief operating officer Victoria Mitchell as a non-executive director and Phil Kenny as its new general counsel and company secretary.
The Financial Conduct Authority is looking into 'open finance' which would make it easier for consumers and businesses to compare price and product features and switch product or provider.
Kew Vehicle Leasing claims to have become the first leasing broker to openly disclose the amount of finance commission it receives on all regulated Personal Contract Hire (PCH) agreements.
Consumer interest in electric vehicles (EV) grew by 126% in Q3 of 2019 according to data compiled for a Europe wide ‘EV Index’ to determine various markets’ progress in the adoption of alternative fuel vehicles (AFV).
Over a third of car retailers (34%) believe that half of the new cars sold in the UK will fall into the Government’s ultra-low emission vehicle category by 2030.
The National Franchised Dealers Association (NFDA) has called for a “targeted and consistent approach” to addressing urban air quality and the adoption of electric vehicles (EV) following Bristol City Council’s decision to ban diesel vehicles from its streets.
With the Financial Conduct Authority having just issued its proposals to outlaw certain commission models and encourage commission disclosure, the presenters of The Future of Motor Finance session at Automotive Management Live this Thursday are raring to share their insights and analysis.
The volume of customer enquiries made to UK dealerships rose by 20% year-on-year during Q3 of 2019, according to new data published by Marketing Delivery.
Saxton 4x4 have been fined £27,375 and ordered to pay £37,375 in costs after a Trading Standards investigation uncovered evidence of “deliberate mis-selling” and “very poor business practices”.
The Institute of the Motor Industry’s (IMI) TechSafe standards for car technicians working with electric vehicles (EV) have been officially endorsed by the Government’s Office for Low Emission Vehicles (OLEV).
Pure electric vehicles (EV) could soon sport green number plates as part of Government plans to "turbo-charge" the adoption of zero emissions vehicles.
The Financial Conduct Authority has considered whether to force car dealers to tell their customers about the way they earn commission from selling motor finance and the amounts they earn.
The Financial Conduct Authority (FCA) has opened a consultation in a bid to ban car retailers’ discretionary finance commission model – saving UK car buyers an estimated £165 million a year.
The AA and AX have partnered to provide an improved accident aftercare initiative.
Research from Zopa has shown that UK car buyers are confused when picking which car finance option is the best to fund their next purchase.
