Why the UK’s car makers are sitting on a ticking time bomb

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The fallout from the car financing scandal could hit the motor industry so hard that they may decide its time to give up on the UK for good, says James Moore T he car loan compensation bomb is set to drop – again . This week the Financial Conduct Authority (FCA) is poised to unveil its latest attempt at a scheme designed to compensate victims of the long running over-charging scandal. The issue at hand is that the commission paid to dealers between 2007 and 2024, which the regulator says

Why the UK’s car makers are sitting on a ticking time bomb http://www.independent.co.uk - 29.03.2026 14:42

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Why the UK’s car makers are sitting on a ticking time bomb http://www.independent.co.uk - 29.03.2026 14:42