The Financial Conduct Authority has analysed loan data from 20 motor finance providers, plus its own mystery shop exercise and a survey of lenders that examined how they assess affordability and exercise control over credit brokers including car dealers.
Many UK franchised dealers continue to have a crisis of confidence in Fiat, Alfa Romeo and Jeep, as the latest NFDA Dealer Attitude Survey reveals the FCA Group trio as the worst performers on overall average satisfaction score.
Marshall Motor Holdings is claiming the title of the UK’s largest Skoda dealer after its takeover of Progress Group.
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The Financial Conduct Authority is considering banning certain commission models in the motor finance sector due to its concerns about harm to consumers.
Groupe Renault UK has appointed Jean-Philippe Roubes as its new customer experience and dealer network development director.
The HMRC has announced a policy change in the VAT treatment of PCP vehicle sales which is likely to have a major impact on the future of the car retail market.
The results of the latest Auto Trader Market Report have revealed that a third of the UK potential car buyers are being put off a purchase due to the uncertainty surrounding Brexit.
Kia is celebrating 14 years of operating an apprentice programme.
HR Owen is implementing a new electronic customer relationship management (eCRM) and digital remarketing campaign to boost sales of new and used cars and to enhance retention of aftersales customers.
Mackie Motors has opened a new MG Motor UK franchised dealership in Brechin to become the latest dealer group to join the brand's growing UK retail network.
Vauxhall has established a UK-wide network of specialist LCV Business Centres as part of its plans to double its share of the van market to around 15% over the next two years.
Manheim has renewed its partnership with Hendy Group, marking the renewal of a 17-year partnership.
A survey of over 100,000 company car drivers has voted Swansway Motor Group as the best fleet dealer group for new vehicle sales in the ExpertEye 2019 awards.
Motorvogue has officially opened the doors at its new Renault and Dacia dealership on the outskirts of Bedford – creating a second stand-alone Dacia facility in the process.
Vertu Motors chief executive Robert Forrester has said that the group is “well positioned to take full advantage of tougher markets” in a trading update for the AM100 car retail group.
Tesla’s plan to close many of its physical retail stores as it shifts towards an online sales model will “force the whole industry to accelerate the move to online car sales”, it has been claimed.
Westover Group has completed a £200,000 investment in its Lexus Poole showroom on West Quay Road.
Renault’s marketing spend in 2018 placed it top Sophus3’s ranking of the manufacturers who made the biggest product exposure push on television and in print throughout last year.
BMW and Mercedes-Benz parent company Daimler have announced plans to embark on a “long-term strategic cooperation” to boost their respective development of autonomous vehicle technology.
UK car manufacturing suffered another decline in productivity during January as the volume of vehicles rolling off production lines fell by 18.2% to 26,858.
The days of car buyers paying large deposits for a new car could be numbered, according to Concept Vehicle Leasing.
Mercedes will launch a facelifted GLC this year with a range of new engines that are more efficient.
Europe experienced its fifth consecutive month of new car sales decline during January, but still managed to register the month’s highest volumes for a decade.
Inchcape’s growing profitability from global vehicle distribution were offset by a challenging retail sector during 2018 – with revenues up 3.6% but underlying profit before tax down by 6.5%.
The new Honda CR-V, Seat Tarraco and Mercedes-Benz G-Class SUVs have all been awarded the top five star safety rating from Euro NCAP.
Arnold Clark Vehicle Management (ACVM) has won the 2019 FleetEye CSI Award for customer service - its first ExpertEye accolade.
City West Commercials has revealed exciting growth plans for its Exeter depot, including a new MOT bay and additional recruits.
Vauxhall may emerge as “the survivor” of a post-Brexit car manufacturing sector in the UK, according to PSA Group chief executive Carlos Tavares.
Jaguar has promised that XE saloon buyers will benefit from better value for money and ‘more assertive styling’ when a revised version arrives in UK showrooms.
