Failing to report early suspicions of fraudulent activity to the finance regulator has left Bank of Scotland with a £45.5 million fine.
Franchised dealers and manufacturers have a great opportunity to lead a proper consumer education initiative on electric vehicles
The Financial Conduct Authority is freeing consumers from full back-dated interest charges when they partly pay amounts owed under ‘buy now, pay later’ (BNPL) finance deals.
Secure Trust Bank hopes to bring more independent and small franchised dealers on board after launching a new proposition blending wholesale finance, stock sourcing and consumer finance for car purchase and repairs.
Peugeot UK MD David Peel believes his brand can grow share in 2019’s falling new car market, but he says it won’t be at the expense of dealer profits
Independent repairer Strasse Garage has had a promotion in 911 & Porsche World Magazine banned by the advertising watchdog for using an image which "objectified women".
Glasgow-based near-prime lender Startline Motor Finance has secured a new £325 million credit facility from multinational investment bank J.P.Morgan.
Vauxhall has adopted Free2Move Lease as its dealer network's new business contract hire funder.
Halfords reports that sales at its workshop chain, Autocentres, rose 2.2% to £161.4 million in the 12 months to Mar 29, reflecting growth in its provision of servicing, tyres and MOT.
The UK’s used car market was down just 0.6% or 11,517 sales in the first quarter of 2019, compared to the same period in 2018.
Toyota GB boss Paul Van der Burgh, BMW Group UK MD Graeme Grieve and Prodrive's David Richards have received Autocar awards for leadership.
UK consumers will be given their first glimpse of Polestar 2 in July.
Dealer management system provider CDK Global is reaching the end of a two-week partner roadshow which it hopes will ultimately lead to efficiencies for dealer staff.
Mike Jones, chairman of ASE, is the latest industry expert lined up to help dealer and manufacturer directors better understand the opportunities ahead at the Automotive Retail Congress.
Customers are more satisfied with their franchised dealers, according to an NFDA survey, which hints at the opportunity for manufacturer-trained workshops to secure more custom, as the technology and powertrains of cars becomes increasingly complex, according to Mark Squires, president of the National Franchised Dealers Association.
