GAP insurance sales were flat in September, according to data from supplier AutoProtect.
James Tew, Ivendi chief executive, believes the industry needs to be offering more choice for motor finance at point of sale to avoid further FCA regulation.
Renault is the first manufacturer to subscribe to Motor Codes’ new Consumer Rights Act online training programme.
iVendi has updated its recently-unveiled online motor finance decisioning tool to make sure it meets new Financial Conduct Authority (FCA) requirements.
UK car dealers have recorded an 11% reduction in guaranteed asset protection (GAP) insurance sales this September.
Taxpayers who own Volkswagen Group cars will not incur higher VED if they are are found to be fitted with illegal software that manipulates emissions.
The Financial Conduct Authority is considering a deadline for claims over mis-sold payment protection insurance (PPI).
The Consumer Rights Act is set to change the way car dealers and retailers sell used cars to the public with a super-charged version of the Sale of Goods Act.
Most motorists are unaware of a new law allowing them to get a full refund on a faulty car within 30 days of purchase.
Car manufacturers have no intention to back down and allow franchised dealers the right in law to operate multi-brand dealerships.
Changes to rules governing the sale of GAP insurance introduced on September 1 have already influenced consumer behaviour.
Online motor finance broker Carfinance247 has been authorised by the Financial Conduct Authority (FCA) under its new regulatory scheme.
The greatest problem for the industry is of reputational damage to VW and possible erosion of consumer confidence in other brands, warns lawyer Nicholas Yapp
Jaguar Land Rover has been fined for safety breaches discovered during an investigation into a death of a worker at its Merseyside plant.
BEN recently took delivery of a new Suzuki Celerio from Suzuki as part of the manufacturer’s support for the automotive charity.
BMW Group has launched a new shortfall insurance product for BMW, Mini, BMW Motorrad retailers and Alphera partners.
Car buyers are to continue to get £5,000 off the cost of an electric car after the Government announced today it would extend the plug-in grant scheme.
Confidence levels amongst car buyers is “buoyant” with customers replacing financed vehicles more often - and they are willing to pay more each month.
Dealers are being reminded of new regulations on how guaranteed asset protection (GAP) insurance is sold to consumers is due to come into force on September 1.
Legislation labelled as the biggest change in consumer rules to affect the motor trade for decades, is about to come into force
Victims of keyless car thefts should sue car manufacturers who kept quiet about technology flaws and return the vehicles to dealers, the lawyer known as Mr Loophole says.
Car dealers are being warned of a rise in sales scams.
The Financial Conduct Authority has begun a thematic review of staff remuneration and incentives at firms offering consumer finance, such as car dealers.
Motor Codes, the consumer watchdog for the motor industry, warns the October 1 deadline to register with Alternative Dispute Resolution provider is nearing.
