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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 ...Read more Read more
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 ...Read more Read more
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 ...Read more Read more
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 ...Read more Read more
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 ...Read more Read more
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 ...Read more Read more
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 ...Read more Read more
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 ...Read more Read more