About this episode

The episode discusses the pause of the motor finance compensation scheme, new car registration figures for June 2026, and the closure of the UK importer for Skywell.

FOLLOW UP: MOTOR FINANCE COMPENSATION SCHEME PAUSED In what should be a surprise to no one following the story, thanks to the legal challenges of the Financial Conduct Authority’s proposed compensation scheme for customers who were impacted by illegal practices by those who arranged their finance, that this has now been partially paused. Companies are to proceed with claims as far as they can before hitting the areas under review, as well as tell those where their claim has failed. If you wish to learn more, click this Motor Trader article link here . JUNE 2026 NEW CAR REGISTRATION FIGURES June 2026 recorded the most registrations since the pandemic hit. Battery electric vehicles (BEVs) rose to a market share of 30% for the month, but still only 25% year to date. There was also a jump in private registrations. The Top 10 most registered models has some surprising cars, especially with the claimed number of Tesla’s. The SMMT took the opportunity to highlight the difference between the mandate level and what the market is currently sitting at, for zero emission vehicles. For more on this, click the SMMT article link here . SKYWELL IMPORTER SHUTS DOORS The UK importer for the…

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