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New technology is needed to help dealers deliver Consumer Duty “good outcomes” in a motor finance market where most of the major providers are switching to a risk-based pricing model, iVendi is predicting, exactly a year after the FCA’s regulations were introduced.
Limited potential for online-only motor retail was the top reason for the recent collapse of Cazoo, dealers believe.
HELLA has named the ever-popular Ford Fiesta as its vehicle of the month, highlighting the 289 part numbers HELLA offers for the vehicle across its lighting, electronics, filtration and rotating electrics ranges, up to and including the fuel tank cap.
A “complementary approach” to working with motor retailers has seen the RAC Dealer Network this week become an approved partner to the Independent Motor Dealers Association (the IMDA).
Norfolk’s premier automotive family business has announced its newest brand partnership – with BYD, opening on Hall Road, Norwich this weekend on May 11th .
A new five-year deal has been signed for heycar to take over the operation of the RAC Cars online used car portal.
Almost one in 20 motor finance customers have been identified as vulnerable by iVendi as the Financial Conduct Authority (FCA) announces a new review.
Swansway Motor Group is extending its franchise network to include BYD. The family-owned and run motor group has agreed on a franchise partnership with the Chinese electric car manufacturer.
A new deal means that more than 1,400 RAC dealers will gain access to the JudgeService platform including a range of services they can use to measure customer satisfaction and respond to issues highlighted.
High levels of consumer satisfaction over online motor finance appear to be resulting from car dealer efforts to meet the recently introduced Consumer Duty regulations, new research from iVendi shows.
