All articles by Verdict Staff
Verdict Staff
Guarantor loans and default notices
The FCA has published guidance on the requirement to serve a default notice before a creditor enforces a guarantee or indemnity following breach of an agreement. Greg Standing, partner and head of the retail and finance automotive sector group at Gowling WLG, analyses the key points
What ‘peak car’ means for brokers
Using the analogy where the whole of recorded time is shrunk to a single year, author Stephen Bayley wrote: “It is five minutes to midnight for the private car.” He wrote that a few years ago now, so it must be about 23:57 by now; either way, the Ovaltine’s gone cold, writes the NACFB’s Robin Skuse
Funding consumer finance in Scotland
R Bruce Wood, head of asset-based lending, asset and invoice finance at Morton Fraser, scotches some common misconceptions about the difficulty of funding consumer finance companies in Scotland, and the key differences between Scots and English law in this critical area
Motor finance going Dutch
At a time when many European car markets are in a state of recovery, it is hard to deny that the auto market in the Netherlands is performing very differently from its peers. But why is this?
A new turn in the road for German motor finance?
The German motor finance industry is changing: The rise of new lenders, changing mobility preferences and financial regulation are all set to influence the industry in the coming year. Banken der Automobilwirshaft’s (BDA) Peter Renkel, speaks to Saad Ahmed about the coming challenges
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Manufacturers dip toes in online retail
Online retail is still very much in its infancy in the new car market. Yet the end of 2016 and start of 2017 has seen a number of manufacturers launch online outlets. Jonathan Minter investigates what makes cars unique in the online space, and the main challenges this presents
DDGIS to be updated in 2017
Updates which came into force at the start of February to the Direct Debit Guarantee Indemnity Scheme (DDGIS) are due to substantially improve the ability of motor finance companies, and indeed any company which receives payments through a direct debit, to combat fraudulent claims.
Should we worry about a Brexit effect?
Open any industry publication or scroll down a news feed and it is only a matter of time before you come across commentary on how Brexit will affect the UK’s motor industry, or how it could potentially affect automotive finance and insurance. DealTrak’s Martin Hill offers a more practical approach
Taking stock of stocking
Wholesale stocking facilities play a key role in ensuring that motor dealers can keep their showrooms and forecourts full of new – and used – models that are looking for happy new owners. Gateley’s Philip Alton takes a look at some of the key issues, such as balancing risk and convenience
The connected car in 2017
With more manufacturers sharing information generated by vehicles and bringing new solutions from connected car information to the market, 2017 will be the year of increased vehicle connectivity and data sharing, writes Kit Wisdom, head of technical services at Alphabet