Car retailers have been the target of a “veiled threat” from an overstretched HMRC after the Government body identified the sector as a VAT risk area, MHA has revealed.
Car retailers have been told that the “clock is ticking” on tax incentives for business customers switching to electric vehicles (EV).
The Chancellor of the Exchequer Kwasi Kwarteng has announced £45 billion of tax cuts in a ‘mini’ budget set to cost the exchequer around £100bn.
Car retailers will have their energy prices capped as part of a six-month business support plan outlined by Business Secretary Jacob Rees-Mogg today (September 21).
Car retailers have been told “there can be no compromise” when it comes to the technology leveraged to ensure compliance with the Financial Conduct Authority’s (FCA) new Consumer Duty.
AM is hosting a webinar for law firm Freeths this Thursday to give UK motor retailers insights into how they must prepare for the Consumer Duty, the new regime from the Financial Conduct Authority.
New Prime Minister Liz Truss has told the House of Commons that the “most in need” UK businesses will receive support to tackle soaring energy bills.
October’s fuel cap price increase - if implemented - would result in a safety risk for motorists as one-in-five say they plan to cut back on car maintenance.
The new prime minister Liz Truss has appointed Jacob Rees-Mogg to the post of business secretary and Anne-Marie Trevelyan to the post of transport secretary, both responsible for policies critical for the success of the UK motor retail industry.
Motorists have been advised that Government’s target to deliver the widespread roll-out of driverless cars on UK roads from 2025 are “not going to happen”, despite new investment in the technology.
There could be self-driving cars on UK roads by 2025 if the government's plans come to fruition, backed by a £100 million budget to prioritise safety through new laws and developments.
The Financial Conduct Authority has had concerns about unregulated 'buy now pay later' (BNPL) products for some time, and now it has issued a blunt warning to firms about their advertising of such offers.
Richard Barnwell, financial services advisory partner at BDO, outlines what the FCA's new Consumer Duty will mean to UK motor retailers and repairers.
Deceiving customers into believing cars it sold were compliant with London's ULEZ restrictions has led to £65,483 in charges for Hilton Car Supermarket in Hayes.
The National Franchised Dealers Association has responded to new FCA rules on appointed representatives with a warning of likely delays and increased costs passed on to consumers.
The Financial Conduct Authority has toughened its rules to help prevent consumers being mis-sold or mis-led by appointed representatives (ARs) following its concerns that many are not being managed effectively by principal firms.
The Financial Conduct Authority has shifted its expectations of finance firms and dealers from the old "treating customers fairly" principle to now an adage of "put their customers' needs first".
The Government has launched a consultation to end the sale of fossil-fuelled motorbikes and mopeds by 2035.
A new one-card system that allows electric vehicle (EV) divers to connect to Scotland’s charging network is being piloted next week.
The domestic electric vehicle (EV) smart charge points that become compulsory on UK homes from this week could usher in a new era of travel taxation and energy rationing, it has been claimed.
UK inflation reached a 40-year high of 9.1% as the pricing pressures forcing car buyers to think twice about their next purchase continued to intensify.
National Franchised Dealers Association (NFDA) chief executive Sue Robinson has welcomed Government’s decision to reform the Customer Credit Act – branding it “outdated”.
Stellantis UK boss Paul Willcox has asserted that Government’s decision to axe its electric vehicle (EV) does not support ambitions to “move to a fully electric future”.
Government’s axing of its plug-in car grant (PiCG) electric vehicle buying incentive will “heavily disincentivise EV adoption”, according to the National Franchised Dealers Association (NFDA).
The chair of the House of Commons Education Select Committee Robert Halfon MP has visited Bristol Street Motors Harlow Peugeot Service Centre to hear about a £1m investment in the site.
