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Dealerweb sees September surge in orders
- 11/10/2021
- Posted by: Alan Feldberg
- Category: News
Dealerweb has reported a 37% increase in September orders against the same month in 2020. The used market slowed for the third consecutive month with a nine per cent decline in enquiries and a four per cent fall in orders, while the average sold price of a used vehicle increased to £23,400 from £19,356 in [...] -
FCA recalls 900,000 vehicles worldwide
- 02/11/2015
- Posted by: Simon Wait
- Category: News
Fiat Chrysler Automobiles has said it will recall nearly 900,000 vehicles around the world to fix issues related to airbag deployment and anti-lock braking systems. The firm said it was recalling 284,089 model-year 2003 Jeep Liberty and 2004 Jeep Grand Cherokees SUVs in the United States to replace some components [...] -
PPI payout deadline considered
- 02/10/2015
- Posted by: Simon Wait
- Category: News
The UK’s financial regulator, Financial Conduct Authority (FCA) is considering a deadline for claims over mis-sold payment protection insurance (PPI). It expects that PPI customers would have until some time in early 2018, meaning lenders and consumers still have more thna 2 years to make claims and settle [...] -
Jeeps USB security update criticised
- 07/09/2015
- Posted by: Simon Wait
- Category: News
Fiat Chrysler has started distributing a software patch for millions of vehicles, via a USB stick sent in the post. In July, two hackers revealed they had been able to take control of a Jeep Cherokee via its internet-connected entertainment system. The car firm has been criticised by security experts who say [...] -
Weakness exposed in OnStar app
- 31/07/2015
- Posted by: Simon Wait
- Category: News
A researcher is advising drivers not to use a mobile app for General Motors OnStar vehicle communications system, saying hackers can exploit a security flaw in the product to unlock cars and start engines remotely. Hacker Samy Kamkar posted a video on Thursday saying he had figured out a way to ‘locate, unlock [...] -
Fiat Chrysler fined a record £67.6m
- 28/07/2015
- Posted by: Simon Wait
- Category: News
US regulators have imposed a record fine of $105m on Fiat Chrysler (FCA) over recall failures. Under the agreement with the National Highway Traffic Safety Administration (NHTSA), the carmaker will also offer to buy back as many as 1.5 million vehicles and an independent observer will audit the company's recall [...] -
Jeep owners urged to update cars
- 22/07/2015
- Posted by: Simon Wait
- Category: News
Security boffins are urging owners of Fiat Chrysler Automobiles (FCA) cars to update their on-board software after hackers were able to take control of a Jeep and disable the engine and brakes before crashing it into a ditch. A flaw in FCA’s security for its Uconnect internet-enabled software allows hackers to [...] -
Fiat-Chrysler faces penalties over recalls
- 03/07/2015
- Posted by: Simon Wait
- Category: News
Fiat-Chrysler Automobiles (FCA) faces action over the mishandling in the US of car recalls, according to the country's top vehicle safety regulator. Mark Rosekind of the National Highway Traffic Safety Administration criticised FCA's recall of 11 million cars and its handling of fatal accidents. He told a [...] -
FCA statement on Quindell PLC
- 24/06/2015
- Posted by: Simon Wait
- Category: News
The Financial Conduct Authority (FCA) notes the statements issued this morning by Quindell PLC. The FCA can confirm that it has commenced an investigation into Quindell PLC under the Financial Services and Markets Act 2000 in relation to public statements made regarding Quindell’s financial accounts during 2013 and [...] -
FCA call for mergers across motor industry
- 13/05/2015
- Posted by: Simon Wait
- Category: News
The FCA has released an independent report that makes the case for a sharing of core components on a global scale, including engines and transmissions, by car manufacturers. The presentation puts forward the argument for a mass merging of engineering and development and even a merging of factories between brands. [...]