All articles by Verdict Staff
Verdict Staff
Motor industry (July stats from the SMMT)
New car registrations rose by 7.3%, or 4,041 units, ending a 13-month run of declining volumes. However the August out-turn is still more than 20% below 1999-2000.
Used car values
Reduced supply in August resulted in a price bounce, according to BCA’s latest figures. Values increased by more than £250 on average, with fleetlease and nearly-new stock showing substantial rises.
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Casebook: Unfair terms in consumer contracts
In The Office of Fair Trading vs Ashbourne Management Services Ltd, the court looked at standard form contracts relating to minimum membership periods, cancellation and debt collection
Are your people really doing what you think they are doing?
And does the work get done in the way the workflow documentation says it should
DealTrak hooks up with Equifax
F&I management systems provider Frontline Solutions has announced a partnership with consumer credit information company Equifax, which it claims will allow dealers to pre-screen car buyers for the best finance deal on its finance and insurance system. Frontline Solutions managing director Andy Shuter said: “This means we can provide users of our Elite DealTrak123 system with the opportunity to protect a customers credit rating.
A tale of two Europes
New car sales statistics released by data specialist Jato Dynamics reveal a divergence between core and emerging European economies, and nations suffering crippling debt and economic uncertainty. Jato Dynamics figures show just two of the Big Five markets recorded increased first-half 2011 sales compared to 2010: France (up 1%) and Germany (up 10.5%, selling 153,788 more units).
New dealer portal for Cumbrian lender H&H
An independent lender based in Cumbria has embarked on a programme of sales expansion, after experiencing a drastic reduction in competition in its immediate surroundings. According to H&H Borderway Finance (HHBF), the past decade has seen all the major national finance companies close their offices in Cumbria and south west Scotland, leaving the company as Cumbrias only local motor finance provider.