Online motor finance broker Carfinance247 has been authorised by the Financial Conduct Authority (FCA) under its new regulatory scheme.
The first motor retailers received ‘landing slots’ for FCA credit authorisation in January of this year. Eight months on, dealers seem unfazed by the changes
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.
The Financial Conduct Authority has begun a thematic review of staff remuneration and incentives at firms offering consumer finance, such as car dealers.
Automotive Compliance will be holding free Gap Rule Change Roadshows for retail motor dealers to cover the forthcoming regulation change in September
The Financial Conduct Authority (FCA) is proposing that automotive retailers must show a claims ratio on all general insurance add-on sales as part of new measures it is looking to introduce.
Newbury car dealer Daniel Stokesberry was fined more than £20,000 after selling five unroadworthy vehicles.
Despite being billed as the biggest change to consumer law for more than a century and with the spotlight on car dealers, why is the impending Consumer Rights Act barely raising an eyebrow?
The Financial Conduct Authority has begun a probe into Quindell, the insurance claims processing and connected car telematics provider.
Central government and local authorities should look at the facts before making major policy changes in the name of achieving 'green' environmental improvements.
Car dealers selling GAP insurance have until September 1 to ensure new add-on sales rules are applied.
A car service sting by Trading Standards found "multiple failings" at a Halfords Autocentre site and led to fines and costs totalling almost £47,000.
The Financial Conduct Authority (FCA) has fined Lloyds Banking Group £117m for failing to treat its customers fairly when handling Payment Protection Insurance (PPI) complaints.
Consumer spending patterns are reflecting a rising desire to buy cleaner cars, according to the National Franchised Dealers Association (NFDA).
AutoProtect is encouraging car dealers to take a positive approach toward added value products such as MBI and RTI insurance, alongside FCA requirements.
The deadline for the implementation of the ADR Directive into UK law is July 9, 2015, yet few dealers, if any, have heard of it let alone implemented it.
The Financial Conduct Authority is due to announce its view on how complaints about mis-sold loan insurance are being handled at the end of the summer.
Car dealers are being warned of the impact of forthcoming EU law on their freedoms to contact consumers – and the massive financial risk of ignoring them.
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 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.
