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News and blog

News and blog

Sue Robinson’s Welcome Note

Sue Robinson’s Welcome Note

Posted by Sue Robinson on 28/02/2014

The Financial Conduct Authority (FCA) has today published its rules for consumer credit firms. The rules apply rom 1 April and the guide is available by clicking here. NFDA are currently reviewing ...

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NFDA REMINDER – FCA 1 APRIL 2014 CHANGES – ACT NOW!

NFDA REMINDER – FCA 1 APRIL 2014 CHANGES – ACT NOW!

Posted by Sue Robinson on 28/02/2014

The NFDA is urging dealers to ensure they are ready for the impending changes to Financial Consumer Credit Regulation. On 1 April 2014, the Financial Conduct Authority (FCA) officially takes over ...

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Dealers to ask finance customers for salary details

Dealers to ask finance customers for salary details

Posted by Sue Robinson on 28/02/2014

Car dealers are facing the prospect of asking finance customers for their salary details and could find the sale of finance products, including PCPs, coming under greater scrutiny as new consumer ...

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Driving Digital 3

Driving Digital 3

Posted by Sue Robinson on 28/02/2014

Following the popularity of Driving Digital 1 and 2, Driving Digital 3 is coming to Newcastle on Tuesday 13th May and Newbury on Thursday 15th May. We’ve a great line up of speakers from leading ...

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FINANCIAL OMBUDSMAN ROADSHOWS FOR SMALLER BUSINESSES

FINANCIAL OMBUDSMAN ROADSHOWS FOR SMALLER BUSINESSES

Posted by Sue Robinson on 28/02/2014

The Financial Ombudsman (FOS) are pleased to be able to tell dealers about the outline of their 2014 programme of ‘meet the ombudsman’ roadshows for ‘smaller businesses’ has now been ...

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Second-hand car dealer tax scheme scrapped

Second-hand car dealer tax scheme scrapped

Posted by Sue Robinson on 28/02/2014

A tribunal has found that a tax avoidance scheme which involved celebrities, fund managers and other high earners claiming that they were second-hand car dealers in their spare time did not work. The ...

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Premium carmaker introducing regional demo fleets to cut dealer stocks

Premium carmaker introducing regional demo fleets to cut dealer stocks

Posted by Sue Robinson on 28/02/2014

BMW America is seeking to create regional demonstrator fleets to allow its dealers to reduce their own stocks. It is also rolling out the use of ‘product geniuses’ in BMW dealerships in ...

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Honda’s Accord Beat Camry as Top U.S. Car in Individual Sales

Honda’s Accord Beat Camry as Top U.S. Car in Individual Sales

Posted by Sue Robinson on 28/02/2014

Honda Motor Co. said its Accord was the best-selling car to U.S. individual customers in 2013, surpassing Toyota Motor Corp.’s Camry, the leader in total volume to retail and fleet buyers for a ...

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Gary Savage takes CEO and managing director role at Mercedes-Benz UK

Gary Savage takes CEO and managing director role at Mercedes-Benz UK

Posted by Sue Robinson on 28/02/2014

Gary Savage has been appointed as chief executive and managing director of Mercedes-Benz UK following Marcus Breitschwerdt’s promotion to head of Mercedes-Benz Cars Europe. Savage will report to ...

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Mexico to Trump Japan as No. 2 Car Exporter to US

Mexico to Trump Japan as No. 2 Car Exporter to US

Posted by Sue Robinson on 28/02/2014

Mexico is on track to replace the Asian automotive giant, Japan, as the second-largest exporter of cars to the United States by the end of the year. An $800 million Honda plant opening Friday in the ...

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