Car dealer group Lookers under FCA investigation
Lookers, one of the largest car dealer groups in the UK, has said it is under investigation by the Financial…
ByMonth: June 2019
FCA: regulatory round-up
The Financial Conduct Authority has released a raft of sector-related regulatory updates.
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Aston Barclay appoints manager for Wakefield super centre
Aston Barclay has appointed Karl Ward, previously remarketing manager at Ogilvie Fleet Ltd, as manager of its Wakefield super centre.
By FCA launches review of credit information market
The Financial Conduct Authority (FCA) has launched a market study to examine how the credit information market operates and the…
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TDR Capital and BCA Marketplace agree £1.9bn acquisition
Private equity firm TDR Capital and BCA Marketplace have agreed to a £1.9bn valuation of the car remarketing company and…
ByUS car sharing firm Getaround acquires Nordic firm for $12m
Car-sharing firm Getaround has acquired Nordic car sharing business Nabobil for $12m (£9.46m).
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Startline: Used car sales prompt dealer rethink on lending panels
The growing momentum in the used car market is prompting more franchise dealers to rethink their motor finance lending panels,…
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SMMT: no-deal Brexit could cost automotive sector £70m daily
Delays at the border caused by a no-deal Brexit could cost the UK automotive sector £70m each day – equivalent…
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