News - Page 4
DVLA findings highlight mixed views on classic car EV conversions
Current guidelines for converting classic cars to electric are overly restrictive making it difficult for owners to retain a vehicle’s original identity and registration, according to responses to the long-awaited DVLA call for evidence focusing on the future of the classic car industry.
Supreme Court grants appeal in car finance commission case, expedited hearing set
The Supreme Court has granted permission for two car lenders to appeal a landmark ruling on motor finance commission payments that has raised concerns over a potential £30 billion compensation bill.
Car loan crisis could rival £50bn PPI scandal, FCA chief warns
The financial crisis brewing in the UK’s motor finance sector could rival the infamous £50 billion Payment Protection Insurance (PPI) consumer scandal, the Financial Conduct Authority's (FCA) top legal chief has conceded.