Tag: car

Audi: More former car executives face ‘dieselgate’ charges

Image copyright Getty Images German prosecutors have filed fraud charges against three former board members and a retired senior employee at carmaker Audi. It is the latest legal development in the “dieselgate” scandal, in which companies and executives were alleged to have broken emissions rules. Audi is part of Volkswagen, which in 2015 admitted cheating emissions tests on 11 million… Read more →

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’Outrageous’ car loan commission banned

Image copyright Getty Images Car loans that hand salespeople more commission if they charge higher interest rates are to be banned from next year. The Financial Conduct Authority (FCA) reckons the ban will save customers £165m a year in total, or around £100-£200 on a loan. The ban is long overdue, said debt experts, with Citizens Advice Scotland dubbing the… Read more →

Coronavirus: UK car industry claims 1 in 6 jobs could be cut

Image copyright Getty Images The UK car industry’s trade body says one in six jobs are at risk of redundancy without help from the government in restarting production. The Society of Motor Manufacturers and Traders (SMMT) said emergency funding, permanent short-time working, business rate holidays, and VAT cuts are needed to stem the flow of job losses. Showrooms are reopening… Read more →

Coronavirus: Lookers to cut 1,500 jobs and close car dealerships

Image copyright Lookers Image caption Lookers has implemented safety measures including deep cleaning vehicles as it reopened its showrooms Car dealership Lookers has announced it will cut up to 1,500 jobs as it plans to close more of its sites in the UK. The company reopened its car showrooms on Monday after the government lifted coronavirus lockdown restrictions. Lookers had… Read more →

Coronavirus: Welsh car dealers ‘concerned’ buyers will go to England

Image copyright PA Some of Wales’ biggest car dealers have expressed “concern and disappointment” that they remain unable to trade due to coronavirus. Eighteen dealerships have written a joint letter to First Minister Mark Drakeford saying it is unfair they cannot operate but English rivals can. They say “countless customers” will choose to buy there. The Welsh Government said “non-essential”… Read more →