Money expert Martin Lewis has hit the headlines again claiming that the Financial Conduct Authority (FCA) review of motor finance could see a doubling of claims. The FCA announced yesterday that it was consulting on giving finance houses more time to deal with commission complaints following a Court of Appeal ruling In Hopcraft, Johnson and Wrench, the Court of Appeal ...

Harwoods Group has launched a new premium used car service, Harwoods Assured, which will offer customers a range of premium brands. Harwoods Assured offers an extensive selection of trusted global brands such as Volkswagen, BMW, MINI, Nissan, and Honda and is now available at multiple locations across the South Coast, including Chichester and Coulsdon. Harwoods Assured provides finance options tailored ...

The Financial Conduct Authority (FCA) is looking at extending the time finance firms have to deal with motor finance commission claims. The finance watchdog is consulting to see whether to allow more time following a ruling by the Court of Appeal in October. The proposals are expected to be published within two weeks and, if taken forward, would mean the ...

Top dealer groups feature prominently in The Independent 2024 E2E Dynamic 100 List. Groups highlighted in the list include Greenhous, Stoneacre, supermarket giant Big Motoring World, Parks and Steven Eagell (pictured). Greenhous Group supplies more than 70,000 passenger and commercial vehicles each year, representing Vauxhall, Nissan, Ford, MG, Omoda, Jaecoo, Citroen, Peugeot, Fiat Professional, VW Commercial and DAF Trucks. With ...

Suzuki GB recently celebrated the annual graduation of its automobile and motorcycle apprentice technicians as well as customer service advisors and aftersales parts consultants. The ceremony was held once again at The British Motor Museum at Gaydon, Warwickshire. A total of 29 individuals successfully completed the programme in 2024, marking the successful completion of their apprenticeships. Each of the employees ...

Motor Trader is delighted to announce the launch of the Motor Trader Commercial Industry Awards, which will take place at the Hilton Metropole NEC on 29 April 2025. The Motor Trader Commercial Industry Awards cater for dealers, suppliers, and service providers in the motor transport arena. The awards take place on 29 April, the evening of the first day of ...

BMW Financial Services (GB) has set aside £70.3m for potential historic claims related to the disclosure of motor finance commission. The provision was revealed by the Times which ran the rule over the company’s accounts lodged at Companies House in September. BMW is just one of many finance houses that have set aside funds to deal with the fallout from ...

I feel fortunate to have spent most of my working career in a period when the automotive industry and the world at large have been pursuing a path of globalisation. As a car enthusiast I can look back or see at classic car shows examples of products that were very much a reflection of the culture of a specific country ...

Stellantis UK has appointed Vizion to be the sole provider of accident management services to the nine brands served by the Multi-Brand Accident Repair Programme in the UK. Vizion has pioneered the development of Cortex, Lenz, Vizion Drive, Green Earth and the Autoflow Bodyshop Management System. Handling over 300,000 claims per year, Vizion has relationships with most major insurance companies ...

Close Brothers Motor Finance has begun a phased return to the writing of new UK motor finance business. Following the temporary pause in underwriting new vehicle finance agreements, which was announced on 25 October 2024, CBMF resumed writing new business with selected partners on Saturday 2 November 2024. This is part of a phased approach which will see CBMF switching ...