FCA

Dealers urged to prepare for Consumer Duty

Dealers are being advised to reassess the customer journeys and deal processes within document management and DMS platforms ahead of the introduction of the new Consumer Duty regulations on 31 […]

Price hikes continue for motor insurance

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. […]

Soaring premiums to continue rising

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 […]

Motor premiums creeping up

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 […]

Fresh compliance warning to dealers

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 […]

Dealerweb sees September surge in orders

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 […]

FCA recalls 900,000 vehicles worldwide

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 […]

PPI payout deadline considered

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 […]

Jeeps USB security update criticised

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 […]

Weakness exposed in OnStar app

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 […]

Fiat Chrysler fined a record £67.6m

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 […]

Jeep owners urged to update cars

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 […]