All articles by Verdict Staff
Verdict Staff
Behind the figures
Each month, Motor Finance analyses results posted by lessors over the previous four weeks to discover the latest trends in the industry Jason T Hesse looks at those published in January 2010. Turnover steady, profits fall at ALD
Software and systems update
Software company Trafficmaster has signed a deal with plumbing and heating contractor AM Norris to supply AM Norris light commercial vehicles with its fleet management solution Fleet Director.
On the move
Betteley, also currently chairman of the Finance & Leasing Association, is a well-known figure in the motor finance world, having held the role of vice-president at Toyota Financial Services EMEA for over a decade until his retirement late last year
Are we too clever for our own good?
Peter Cooke discovers personal contact is low on the agenda for used-car salespeople in todays age of electronic communication It has long been claimed that at least part of the financial services crisis was caused by too many executives not fully understanding the structure or risks of the financial products they were selling to their clients, and not explaining those products clearly.
On the move
The post of managing director at Toyota Financial Services (TFS) UK plc has been filled, with Doug Gillies, former operations director at the captive, stepping into the role vacated by David Betteley upon his retirement in October.
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Tony Worthy: Motor month
New car registrations were up 57.6 percent on a weak 2008 to 158,082 units in November, in line with November 2007 volumes The year-to-date registrations however, were down 8.8 percent at 1,844,063 units but the full-year market likely to exceed 1.98 million units
Across the pond
Sanjiv Yajnik trumpets his call to action, online customer service needs to improve to retain customers. Marcie Belles, in association with Auto Finance News
Behind the figures
Although boosted by higher revenue and gross margin, Honda Finance Europe plc saw pre-tax profit decline by over 90 percent in the year ending 31 March 2009.
Software and systems update
operator First UK Bus aims to reduce fuel consumption by 500 litres a year per bus with a recently introduced technology-based service by GreenRoad.
Across the pond
US View: Signs of recovery, HSBC exits the auto sector, foreign interest in the ABS market increases, social media