Partner feature: In September the Financial Conduct Authority (FCA) will start its work to measure the success of the new rules for motor finance that came into force in January. The stated approach is as follows:
Partner feature: As showrooms reopened in early summer we saw a surge in pent-up demand. However, the semiconductor shortage and Covid-19 related production and logistical issues have resulted in lean new-car supply.
Partner feature: Over the coming weeks, the Financial Conduct Authority (FCA) will be assessing the impact of its new rules introduced in January for motor finance. The regulator’s work will include lenders and retailers with a focus on commission models introduced to replace the ban on discretionary commission.
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