The Financial Conduct Authority (FCA) is cracking down on problem firms with a larger team.
The Government is introducing a new second-hand motor vehicle export refund scheme, in October.
The Society of Motor Manufacturers (SMMT) has called for stakeholders to match the automotive industry's commitment to deliver zero emission mobility.
The Government has outlined how it will spend £1.6 billion to deliver 300,000 EV chargers, a tenfold increase in the current number of publicly available points.
HMCR is increasing its focus on reviewing Coronavirus Job Retention Scheme claims and there is an increased chance of motor retailers being selected for review.
Car retailers driving towards an omnichannel sales journey could be subject to a double-whammy of “complex” new taxation, it has been suggested.
Paragon Bank managing director of motor finance Julian Rance believes a more coherent plan on developing the charging infrastructure, plus insight into the Government’s tax agenda, should propel electric vehicle (EV) adoption.
The Independent Garage Association (IGA) is opposing a plan to move to biennial MOT testing in Northern Ireland, suggesting it would “inevitably” result in more unsafe vehicles.
New terms on buy-now-pay-later (BNPL) finance products introduced by the Financial Conduct Authority (FCA) have resulted in late payment fees being refunded to customers.
A new pay-as-you-drive road pricing system could soon be introduced to replace traditional vehicle excise duty (VED) and tax on petrol and diesel.
The future of franchised retailers’ motor finance FCA ruling on discretionary commissions has lead to greater transparency, but few dealers are reporting any noticeable variation to income as a result.
With December’s publication of the Financial Conduct Authority’s (FCA) second consultation on its new all-encompassing Consumer Duty protocols and the automotive retail sector now subject to commission disclosure regulations, motor finance has once again been reassessing how it operates.
Law firm Howes Percival is warning employers considering a ‘no jab, no sick pay’ COVID-19 policy to seek legal advice before instigating any changes.
Government’s work from home advice and the mandatory wearing of face masks will be scrapped after Prime Minister Boris Johnson announced an end to COVID-19 Plan B measures.
A quarter (25%) of UK car dealers have emerged from the festive break with staff absence of over 15% as the Omicron variant of COVID-19 continued to grow cases, an AM poll has shown.
Insurers have been banned from quoting customers a higher price for renewing their motor and home insurance, than they would pay if they were a new customer.
The latest issue of AM magazine is published today with insights into the impact of FCA changes to finance rules, Honda's next stage in its retail network redesign and a first drive of the new Tesla Model Y.
A YouGov mobility survey of 2,400 people has found that 63% of people are ‘not interested’ in taking advantage of shared mobility schemes such are ride hailing or car sharing services.
Government’s latest cuts to the plug-in car grant could derail car retail’s decarbonisation efforts and will impact less affluent electric vehicle (EV) buyers most, the National Franchised dealers Association (NFDA) has said.
Car retailers across the UK have today been alerted to more “overnight changes” to the plug-in car grant (PiCG) – delivering a further “double whammy” of reductions for electric vehicle (EV) buyers.
Firms handling large sums of cash have been reminded of their duty to combat money-laundering after NatWest Bank was fined £264.8 million in the Financial Conduct Authority's first criminal prosecution for money laundering failings.
Calls have been issued for renewed Government support for retail businesses after Prime Minister Boris Johnson re-issued “work at home” advice amid rising cases pf Omicron COVID-19 variant.
The UK must move away from “20th century thinking centred around private vehicle ownership” and towards shared mobility, Transport Minister Trudy Harrison MP has said.
The Financial Conduct Authority will set new rules for regulated financial services including motor finance by mid-2022 as it aims to “fundamentally shift the mindset of firms”.
Thatcham Research and Euro NCAP have said they are ‘encouraged’ by the results of their latest Assisted Driving Gradings.
