• Price hikes continue for motor insurance
    • 15/02/2023
    • Posted by: Alan Feldberg
    • Category: News
    Average motor insurance premiums rose by eight per cent in the fourth quarter of last year, driven by rising costs in energy and materials as well as continued part delays. According to the Association of British Insurers' latest Motor Insurance Premium Tracker, average premiums increased to £470, which is seven [...]
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  • Soaring premiums to continue rising
    • 31/01/2023
    • Posted by: Alan Feldberg
    • Category: News
    Car insurance premiums saw the biggest annual rise in six years in 2022. According to the Confused.com Car Insurance Price Index in association with WTW, average comprehensive premiums rose by 19% last year to an average price of £629. The sharp rise was capped by a seven per cent increase in the last three [...]
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  • Motor premiums creeping up
    • 08/08/2022
    • Posted by: Alan Feldberg
    • Category: News
    The average price of motor insurance rose in the second quarter, according to data published by the ABI. Its Motor Insurance Premium Tracker found that the average policy has increased to £419. This represents a marginal increase of £5 on the previous quarter, but remains £11 lower than the same time in [...]
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  • Fresh compliance warning to dealers
    • 08/12/2021
    • Posted by: Alan Feldberg
    • Category: News
    Dealers have been warned to keep compliant finance and consumer records ahead of the introduction next year of new rules from The Financial Conduct Authority. The new rules will see the introduction of a new Consumer Duty by the Financial Conduct Authority, which will be backed by a data-led approach for [...]
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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 [...]
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  • 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 [...]
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  • 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 [...]
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  • 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 [...]
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  • 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 [...]
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  • 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 [...]
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