A new platform called CarWizz enables automotive retailers to take back control of online vehicle sales and significantly reduce ageing new car stock. By only advertising list price figures for stock vehicles, CarWizz returns full control of negotiations and deal quality to retailers while also facilitating lower operating costs and informing future … [Read more...]
Motor trade targeted for data protection courses
The Motor Ombudsman automotive dispute resolution provider has introduced an online training course on the General Data Protection Regulation. EU’s Data Protection Directive 1995 and the UK’s Data Protection Act 1998, have been replaced by the new piece of legislation throughout Europe since last friday. The engaging and informative e-learning course … [Read more...]
Car dealers warned over money laundering
Car dealers are likely to be facing questions and fines from HMRC if they fail to research big spending buyers. Failure to properly investigate the purchase of luxury cars can land them in serious trouble under money laundering and profits of crime laws, says analytics specialist Fortytwo Data. HMRC is concerned that not all dealers are carrying out … [Read more...]
Car dealers’ failures fuel lack of trust among buyers
More than a third of motorists who have bought a used-car would under no circumstances use the same dealer again. A study into the car-buying habits of 1,500 motorists carried out by the RAC also found 40% of people said they have had a problem with a vehicle bought from a used car dealer and almost a third (29%) said the dealer did not do at all well in … [Read more...]
