News - Page 3
FCA reminding motor finance firms about maintaining adequate resources
The Financial Conduct Authority is reminding motor finance firms about their requirement to maintain adequate financial resources at all times, in the light of several lenders reserving millions of pounds in case of widespread compensation demands after the review of car loan commissions.
Supplier news
12 Apr
Peugeot makes debut as Dealer Auction top profit earner
Both premium and mainstream brands offered opportunities for profit last month, according to Dealer Auction’s latest Retail Margin Monitor with a new entry from Peugeot underlining the importance of holding a varied stocklist.
Used car data
8 Apr