LOTUS CONSIDERS DROPPING AGENCY FOR FRANCHISE O’HANLON: 23% HIGHER VOLUME NEEDED TO OFFSET AGENCY JCT600 MOVES CREATIVE ACCOUNT FRAUDULENT SOUTHAMPTON TRADER JAILED FOR TWO YEARS FORD EASES EV...

The decline in new car registrations in recent years continues to feed through into a shortage of used car stock. This has implications for the cost and time of reconditioning these vehicles and...

The new agency model heralds a significant change to the way in which new vehicles are sold – it bears the moniker of commercial disruptor with some justification. But it is a legal disruptor as...

In mid-July, the FCA published its first business plan under new chief executive Nikhil Rathi. After a challenging last year he accentuated the positives, stating that the organisation “acted with...

  CAZOO AND CINCH MEGA-DEALS PENDRAGON WARNS OF SHORTAGES DVLA STRIKE ACTION CONFIRMED RETAILERS TO REOPEN WITH EXTENDED HOURS GERMAN SHOWROOMS SHOULD REOPEN ‘IMMEDIATELY’ ILLINOISE RETAILERS...

Franchised dealers have made huge efforts to be compliant with consumer credit rules; they are highly regulated and can only offer car finance under strict conditions. So says NFDA director Sue...

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On 1 April next year, responsibility for regulating consumer credit will pass from the Office of Fair Trading (OFT) to the Financial Conduct Authority (FCA). This is a momentous change for the...

There’s going to be a lot of attention in the coming months on the way the incoming Financial Conduct Authority handles the regime for consumer credit. This is a complex subject mainly because, as...

Remember weights & Measures? The halcyon days of the paper credit licence, issued by your local Trading Standards bod. After Trading Standards centralised, you had to send off for a licence to...