Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts

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The Guardian - UK 3 days ago • theguardian.com

Carmakers scramble to plug £3bn shortfall for UK loan scandal payouts

Filings suggest manufacturers’ lending arms have massively underestimated bill from FCA’s £9.1bn redress schemeCarmakers are under pressure to drum up £3bn to cover payouts for motor finance scandal victims after failing…

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