The FCA has revealed its intention to ban commission linked to the interest rate that customers pay on motor finance products. The new rules are likely to be put into operation next year. Currently,...

THURLOW NUNN BLAMES DMS FAILURE FOR LOSS CITROEN MOVES TO STOP FALLING RoS MERCEDES RETAIL LOSSES SWELL TO £29m JOHN CLARK PROFITS HALVE IN 2018 LOOKERS HR BOSS MOVES ON VW COULD FLOAT LAMBORGHINI...

ROCKAR HEADS TOWARD PROFITABILITY VAUXHALL TO PUSH DIESEL IN 2020 PSA RETAIL POSTS 2018 LOSS LOOKERS FCA INVESTIGATION DETAILS EMERGE TESLA ‘MAKE OR BREAK’ PRODUCTION FIGURES JLR TO STOP...

HONDA NFDA SUCCESS VALIDATES STRATEGY IMPERIAL CAR SUPERMARKETS PROFITS SLUMP GM CEO JOINS NADA SPEAKER LINE-UP LABOUR EV SCRAPPAGE SCHEME NEW JERSEY RETAILERS SUE TESLA GERMANY’S £48BN CLIMATE...

Do new car PCPs need to be investigated by the FCA? Probably not. Will they be investigated by the FCA? Maybe. There’s been rising chatter about buying (and selling) cars on PCP agreements for a few...

The Financial Conduct Authority (FCA) is to carry out an investigation into Lookers’s regulated financial sales processes over the past three and a half years. The auto retail group has told...

Warnings from analysts of complications in the proposed merger between FCA and Renault over the alliance with Nissan and the role of the French state as a Renault shareholder would appear to have been...

New car registrations continued to fall in May, with a drop of 4.6% as 183,724 new vehicles were registered, compared with 192,649 in the same month in 2018. Private, fleet and business registrations...

On 4 March the FCA published its long-awaited review on motor finance, a report that will undoubtedly signal change for the motor financing industry. The aim of this communication is to provide a...

  ACCOUNTANTS WARN RETAILERS `NOT READY’ FOR DIGITAL TAX SKODA MANDATES EV TRAINING FOR 2020 FIVE MORE MG RETAILERS IMMINENT TOOMEYS EXPECTS STRONGER 2019 AFTER CUTTING LOSSES FRANCHISED SECTOR...

In its review of the motor finance market, the FCA has thrown down the gauntlet to lenders and dealers to improve the customer proposition and experience. So says MotoNovo Finance CEO Mark Standish,...

The key messages from the publication of the Financial Conduct Authority’s (FCA) Final Findings on its review of motor finance were clear from the headline in the reports press release heading;...

The Financial Conduct Authority is considering changes to the way in which motor finance commission is structured after uncovering serious concerns about the way in which lenders are choosing to...

Sub-prime car finance could be given closer consideration in the forthcoming review into motor sales credit by the Financial Conduct Authority which is said to be considering imposing a cap in the...

  FCA MOVED TO PROTECT LOW-INCOME BUYERS RYBROOK TO BUY STRATSTONE JLR RETAILER? £23 MILLION SCRAPPAGE SCHEME OPENS FOR LONDON LCVs LOOKERS `TOP EMPLOYER’ FOR THIRD YEAR RUNNING WORLD NEWS –...

The future of dealer finance is set to be defined by three key factors in the mid-term:  the potential for growth in used vehicle finance; digitisation; and the FCA Review of Motor Finance. A 13%...

Fiat Chrysler Automobiles is looking to rebuild its fleet and business centre network after cutting numbers from 28 to 15, focusing on territories where retailers already hold all three of the...

HALLIWELL JONES PROFIT FALL ‘SATISFACTORY’, SAY DIRECTORS FCA REORGANISES FLEET RETAILER NETWORK SUV SALES MIS-MATCH LCV VALUES SHOWING STRONG GROWTH CAR SHARING CLUB GETS BIRMINGHAM CITY COUNCIL...

With fluctuating new car sales and an uncertain outlook for the second half of 2018, motor retailers are coming under increasing pressure to achieve financial budgets. Revenue derived from value-added...

  COSTS HIKE SEES ARNOLD CLARK PROFITS FALL NEW CITROEN BOSS PROMISES 1.5% ROS SUZUKI AIMS TO REGAIN HIGH NFDA SURVEY SCORE  WLTP STOCK PUSH STILL HITTING PRICES MOTORPOINT SEES MORE FLY/DRIVE...