The Supreme Court now faces the complex task of weighing consumer protection against the operational realities of the motor retail industry
The UK's motor finance industry must wait until the summer to hear whether the Supreme Court will overturn the notion that lenders and their partner car dealerships have been unfair with their customers because of the finance commission paid to dealers.
The National Franchised Dealers Association (NFDA) today fiercely countered accusations that its members have engaged in bribery for decades as the Supreme Court appeal continues
A landmark Supreme Court case could determine the fate of a potential £44bn compensation bill linked to undisclosed dealer commissions.
MotoNovo Finance has appointed Chris Adams to the newly created position of director of pricing and portfolio performance.
MotoNovo Finance (MNF) has expanded its senior leadership team with three external appointments.
MotoNovo Finance’s Generating Real Opportunities for Women (GROW) network has appointed Emily Birkinshaw and Ben Winton as co-chairs.
Lloyds Banking Group managing director Richard Jones will be leaving the company to join Motonovo.
The domestic electric vehicle (EV) smart charge points that become compulsory on UK homes from this week could usher in a new era of travel taxation and energy rationing, it has been claimed.
National Franchised Dealers Association (NFDA) chief executive Sue Robinson has welcomed Government’s decision to reform the Customer Credit Act – branding it “outdated”.
MotoNovo Finance has promoted Matt Lucas to the newly created position of head of partnerships & transformation.
MotoNovo Finance has recognised three dealers who have gone the extra mile in the last year, at its annual Extra Mile Awards.
MotoNovo Finance has launched a new network to support dealer and broker partners in increasing female representation at all levels across motor retailing.
Used car dealers can use the Consumer Rights Act and the FCA's proposed Consumer Duty plans to improve consumer perceptions of the industry, according to MotoNovo.
Independent used car dealerships and supermarkets have been best positioned to adapt to the Financial Conduct Authority (FCA) rule banning discretionary commission models that was brought into force last January.
Almost two thirds of used car buyers expect to buy a used car in a showroom and talk to dealers face-to-face, a new study has found.
MotoNovo Finance managing director Karl Werner to play “active part” in promoting diversity after joining the Automotive 30% Club.
MotoNovo has promoted Karl Werner to managing director after its chief executive Mark Standish left the business as part of a restructure of the business.
MotoNovo has urged dealers to ‘be prepared’ for car buyers' greater levels of interest in a dealer’s finance commission.
MotoNovo Finance has introduced two initiatives to support its dealers through the latest national lockdown period.
