The High Court has ruled in favour of the Financial Ombudsman Service (FOS) in a dispute concerning a discretionary commission arrangement (DCA) within a motor finance agreement.
The High Court has ruled against Mercedes-Benz in the ongoing 'dieselgate' legal action, rejecting the manufacturer's argument that the decision of the German regulator, Kraftfahrt-Bundesamt (KBA), should prevent related claims in the UK.
The UK financial watchdog plans to consult on extending the time motor finance firms have to respond to consumer complaints involving non-discretionary commissions
Manufacturers struggled to hit October new car sales as they scrambled to comply with the recent Court of Appeal ruling on the duty of car finance providers to disclose detailed commission arrangements and secure clear consent from the car buyer, according to industry insiders.
Dealer tech provider Mad Devs has swiftly updated its iStoreDOCS platform to support dealer compliance in response to a recent Court of Appeal ruling on finance commissions.
The motor finance industry is urgently calling for a pause on regulatory action and court cases over motor finance commission.
Clear, upfront disclosure of commission to ensure informed consent will be critical for providers of motor finance following last week’s shock Court of Appeal decision which saw several major industry names suspend lending in order to take stock of the implications of the ruling.
Tony Jolly, a manager at a Halfords tyre workshop, racially harassed and bullied a 17-year-old apprentice and set the Polish teenager's trousers on fire.
A former sales consultant has been fined after pleading guilty to unlawfully retaining and selling thousands of customer records from the car leasing company he worked for in Hertfordshire.
CECRA, the European Council for Motor Trades and Repairs, has applauded a significant ruling by the Austrian Cartel Court, which found Peugeot Austria (PSA) guilty of abusing market power.
An Essex-based tyre refurbishment company has been fined £54,000 after a worker was severely injured after being dragged into a machine.
A technician who insisted he was owed payment from a Leicester workshop he'd worked at stole an expensive toolbox in a fit of anger.
Staff at a branch of car repair chain Kwik Fit have been praised for alerting police to a customer who was drunk when he dropped his car off for maintenance.
The former CEO of Volkswagen has appeared in court facing charges of fraud, market manipulation and perjury, nearly a decade after the car manufacturer was discovered to have rigged emissions tests.
A car dealer has been sentenced after being convicted of selling the same dangerously defective car on two separate occasions.
A car dealer has been fined £1,000 by magistrates after an investigation by trading standards officers prompted by complaints from members of the public.
A former manager of an independent Porsche specialist was given three months to repay tens of thousands of pounds to his former employer or face going to prison.
A father and son who took the law into their own hands and assaulted a man who had vandalised cars at their dealership have been fined thousands of pounds.
The financial watchdog at the heart of the finance mis-selling probe has hit back at Barclays’ bid to quash a key ruling.
An employee of a used car dealership who had been sacked for petty thieving returned at night with two accomplices and stole four cars.
