The number of complaints about motor vehicle insurance products fell 13% to 242,041 in the second half of 2019 from 277,363.
Moneypenny and Inductus have joined the list of suppliers offering services for free in a bid to help car retail businesses cope better with the impact of COVID-19 cornoavirus.
The internet has changed the way we act as consumers with digitally delivered convenience becoming a game-changer in how we expect products and services to be supplied.
The Financial Conduct Authority (FCA) said, as part of its 2018/2019 Business Plan, it would strive to investigate the effectiveness and impact of its interventions into certain markets and industries.
All new Minis will be sold with three months’ free insurance after BMW Group extended its partnership with fintech firm Wrisk to create a new Mini Flex Car Insurance product.
Only one in five car buyers understand the extra cover they get from insurance add-ons, despite the average driver paying for two additional services.
Car retailers in South Yorkshire have shown resilience with a series of rapid clean-up operations after a month’s rainfall fell in just one day last week – triggering severe flooding throughout the region.
Leading insurance add-on companies aren’t blinking as the FCA takes increased interest
The importance of the car for everyday mobility has been highlighted by a survey in which 79% of motorists claimed that owning a vehicle was “essential for everyday life”.
Volvo Car UK has awarded Verex a new, long-term contract for the provision of Volvo Car Insurance (VCI) dealer driveaway and annual insurance services.
A suspected hammer attack has caused an estimated £25,000 worth of damage to more than 30 vehicles on a used car retailer’s forecourt.
PPI continued to account for the vast majority of complaints received by the Financial Conduct Authority (FCA) as the overall number of consumers demanding redress declined by 5% in the second half of 2018.
The Financial Conduct Authority (FCA) has opened consultation on new rules which would require firms to publish General Insurance (GI) value measures data in a bid to improve transparency for consumers.
AutoProtect’s founding management partners have sold a 50% interest in the business to their joint-venture partners Correlation Investments Limited (CIL).
Car sharing marketplace Turo claims to have launched the “Airbnb of cars” in the UK and claims it will help UK car owners earn more than £6,000 a year from their idle vehicles.
London Fire Brigade dispatched 125 firefighters to tackle a blaze at the Imperial Cars supercar showroom in Romford.
Car retailers have been warned not to breach the Financial Conduct Authority’s new Insurance Distribution Directive, which demands increased staff training in a bid to enhance consumer protection.
If businesses fail to innovate, they cease to be able to compete. But achieving innovation is tricky.
A gang of more than a dozen car thieves have carried out a late night raid on an independent used car dealer in Sheffield – making off with 14 vehicles worth around £120,000.
Toyota makes £430 profit every second, according to a new tool from Staveley Head.
