Automotive industry charity BEN has launched an action plan encouraging those affected by the recent demise of Carcraft to turn to them for support.
A firm has been fined £159,300 by the Financial Conduct Authority for failures relating to its sale of commercial vehicle add-on insurance products.
Three new VED bands should be introduced to reflect the most efficient cars, while a new emissions tax should be introduced for vans.
The Employment Tribunal has ruled that UK law can be rewritten to reflect commission in holiday pay - but has left car dealers with unresolved issues.
The exit of the Chrysler brand from the UK will be managed steadily, now that holders of the franchise have received two years notice of contract termination.
The Government has announced a reduction in the beneficial interest loan rate from 3.25% to 3% from April 6.
Motor Codes has launched its Garage of the Year 2015 competition and is encouraging consumers to rate their garage.
By supporting managers with a clear policy and procedure, examining in advance the staffing requirements of the business will assist them in consistently dealing with requests and justifying their decisions.
The practice of requiring consumers to opt-out of purchasing add-on products is to be outlawed by the Financial Conduct Authority.
Vertu Motors is one of 48 employers named by the Government for failing to pay workers the national minimum wage.
A car dealer has been jailed for five years and eight months after being convicted of ripping off thousands of pounds from customers.
Given the changing face of status it is important those looking to engage workers outside of the normal employment method do take proper advice.
Technology provider HPI has warned dealers of a major new credit card scam being used to target used car retailers across the country.
Car dealers are being urged not to sacrifice tends of thousands pounds in rating refunds and savings.
Given the lack of HMRC activity employers who operate this arrangement may have not reviewed their processes to ensure that these meet fully with what is required. Getting this wrong could lead to an unwelcome tax bill on the part of the employer.
Overzealous, target chasing sales departments are encouraging sales staff to take the customers seven digit card number and conclude an off-premises contracts without playing by the rules or regulations.
HM Revenue & Customs is stepping up its investigations of the way car dealerships, vehicle rental firms and other businesses implement rules to average out benefit in kind tax charges on staff using multiple company cars.
A survey has revealed that 43% of dealers think that new Financial Conduct Authority (FCA) rules will have no impact on finance sold in showrooms, with a further 19% expecting the impact of the changes to be positive.
Alphera Financial Services has revealed the details of the new pricing structure for its dealer and broker partners across the UK. The new approach will be rolled-out across its partner network from January 1.
AM and Auto Trader’s Digital Marketing Conference will be back for the third year running when it takes place at Birmingham NEC on 12 February 2015.
Motor Codes launched a new code of practice for warranty providers this summer, after several high-profile failures. Automotive Management asked suppliers about its impact
Dealers should embrace the new era of the Financial Conduct Authority (FCA) or risk the imposition of a stricter structure which other industry sectors have been forced to adopt, delegates at AM’s new F&I Compliance Conference will be told.
The Financial Conduct Authority (FCA) may seek to remove the point-of-sale advantage from used car motor finance if similar moves with GAP insurance are successful, said James Tew, director at iVendi.
Financial Conduct Authority guidelines and new customer rights legislaton could force dealers to pass on higher prices to customers.
