Our new December 2020 issue of AM magazine is out now here with vital insights into January's FCA motor finance changes and a study of lockdown 2's impact on car dealers.
UK Prime Minister Boris Johnson has revealed Government’s plan to ban the sale of new purely petrol and diesel-powered cars and vans by 2030 as part of a 10-point “green recovery” plan.
Government is expected to announce a ban on the sale of new petrol and diesel cars from 2030 this week as Chancellor of the Exchequer Rishi Sunak also considers roads pricing regime.
Car retailers fell short of lobbying their local MP over the 'Lockdown 2' car showroom closures delivering a blow to Q4 car sales, an AM survey has revealed.
HMRC has opened its claims period for the newly-extended Coronavirus Job Retention Scheme (CJRS) as officials “grapple with its regulatory control” to prevent erroneous and fraudulent claims.
Growing interest in electric vehicles (EV) suggest that motorists may be gearing up for Government’s anticipated announcement of a 2030 ban on new petrol and diesel car sales.
A data breach at Sandicliffe Motor Group could affect “thousands” of staff and customers of the AM100 car retailer, according to a legal firm.
Chancellor of the Exchequer Rishi Sunak has extended the Government’s Job Support Scheme (JSS) to the end of March.
The Independent Garage Association (IGA) has welcomed Government’s decision not to offer motorists another MOT extension and allow aftersales operations to remain open during ‘Lockdown 2’.
The Finance and Leasing Association has raised concerns about the new coronavirus payment deferral scheme proposed by the Financial Conduct Authority at the weekend.
Lookers has reported that trading in Q3 resulted in underlying PBT “significantly ahead of last year” to largely offset losses recorded in a COVID-19 impacted first half of 2020.
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.