Struggles with his mental health and the demise of one of his businesses were cited as causes for motor retailer and racer Dan Kirby to take his own life, an inquest has determined.
The Financial Conduct Authority is reminding motor finance firms about their requirement to maintain adequate financial resources at all times, in the light of several lenders reserving millions of pounds in case of widespread compensation demands after the review of car loan commissions.
Efforts to fulfil new Consumer Duty requirements are paying off with new research suggesting car buyers are more than satisfied when buying finance online.
The Motor Ombudsman has entered into a partnership with insurance broker Howden
The UK financial watchdog has told several online providers of GAP insurance that they can continue to sell their products until the end of April.
A worker who was processing catalytic converters was left with life-changing injuries by an incident at her Essex workplace, which has now incurred a large fine.
Gaurav Jain, UK commercial director, Get Your Car, Carwow, discusses the opportunities for dealers as car buyers seek more guidance on finance options
A bid to drive the UK Government to introduce mandatory licensing of motor retailers is being prepared by consumer protection groups who are concerned about high levels of complaints in the marketplace.
The Financial Conduct Authority (FCA) has identified shortcomings in how some motor insurance firms are valuing written-off or stolen vehicles.
Dundee-based vehicle technician Gary Campbell was killed in a work incident just 11 days into his new job, Kirkcaldy Sheriff Court has been told.
Tickets are now available for this year’s Ben Ball, which is being held on December 11 at Old Billingsgate Market in London.
Martin Lewis has confirmed over 1.2 million are seeking compensation for overcharged interest when funding a vehicle on PCP or HP finance between 2007 and 2021.
Close Brothers has confirmed that it has set aside up to £400 million ahead of the FCA’s regulatory review into the motor finance sector.
The FCA has said it will start the process of reviewing firms’ treatment of vulnerable customers as it set out its plans for the next year.
Nearly half (48%) of those looking to buy a used car reckon visiting an established bricks-and-mortar seller provides them with added reassurance
Genuine environment protecting measures are welcome but politicians should be honest when their new policies are really designed to mitigate for lack of planning and investment, argues AM's regular columnist Professor Jim Saker, emeritus professor of Loughborough University's business school and president of the Institute of the Motor Industry.
Any action taken on car loan discretionary commission complaints will be much swifter than that implemented for payment protection insurance (PPI) misselling last decade, according to the chief executive of the Financial Conduct Authority.
A new partnership between credit information provider CRIF and BMW Financial Services will help make the purchasing experience smoother.
A man from Bolton has been arrested a week after after a "runaway" Jaguar I-Pace electric car had to be boxed in by police on the M62 to force it to a stop.
The UK Government will apply trade sanctions if the UK's new car market becomes at risk of a flood of cheap electric vehicles from China's state-backed manufacturers, transport secretary Mark Harper has warned.
The majority of car buyers are satisfied with their experience buying finance from dealers, according to research by JudgeService.
A National Tyres and Autocare technician has been fired, and the firm has offered to pay for a service at a Seat dealership, after a customer's car was logged at 18mph above the speed limit during the technician's test-drive.
Consumers who have witnessed new and used cars become significantly more expensive since 2020 are unlikely to beat a path to dealerships as a result of the National Insurance cut in Jeremy Hunt's 2024 Spring Budget.
The absence of any measures in the Spring Budget targeted at jumpstarting market demand for EVs has been widely condemned as a missed opportunity.
AM's latest Spotlight on Finance and Insurance Report has just been published and it can be read or downloaded here.
