Financial Conduct Authority says proposed rules on commission disclosure are designed to give buyers more clarity
A ban on interest-linked commissions will level the playing field, says Financial Conduct Authority
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).
Hi-tech entrants, new alliances and products, ongoing regulatory changes and old supply woes will make for an interesting 12 months
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”.
As technology becomes more sophisticated, the quality of enquiry follow-ups needs to improve in tandem
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.
On December 9 this year, the Financial Conduct Authority’s (FCA) Senior Managers and Certification Regime (SMCR) for consumer credit firms – including motor finance sellers – comes into effect.
Leading insurance add-on companies aren’t blinking as the FCA takes increased interest
The Financial Conduct Authority (FCA) has to be sure that any regulatory changes introduced by the in light of its recent review of the motor finance sector “don’t have unintended consequences”.
Jardine Motors' commercial director will lobby Government on electric vehicle issues in his new role as the first chairman of the National Franchised Dealers Association’s (NFDA) dedicated EV Group.
A team of fraudulent used car salesman who threatened to break the legs of one complaining customer and told another that it would “strangle” Trading Standards officers have avoided jail.
Delegates at the AM100 round table discussed FCA compliance, online sales and CI demands
