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Showing 20 results out of 10000

Carrier Letter

Dear Readers,Welcome to the July issue of Motor Finance. This months cover story takes aim at customer relationship management (CRM) for dealers. Many dealers, Brian Rogerson finds, have invested in shiny CRM IT systems in order to make the most of their existing customer base, but poor implementation in many cases means the investment is a waste of time - and finance and insurance sales have suffered as a result. See How not to lose that loving feeling for a wide range of views and opinions on the subject, and ways forward for both financiers and their dealer partners.

Editor's Letter

The end of an era Around this time of year, I receive a lot of emails forwarded by friends and colleagues, containing vouchers and codes to help ease the burden of Christmas spending. Looking through one such list this year, I was surprised to see a voucher from Arnold Clark, offering £300 off the price of a new car. It was more than a little incongruous among the pizza restaurant deals and online shopping offers, and all the more remarkable as a result. Is it canny marketing - or a sign of how bad things have got in motor retail? Our cover story takes a good look at the current state of affairs for motor finance - and finds reasons to hope amid the gloom. The long-awaited Detroit bailout bill is finally here, after a highly troubled gestation (see p6). It will at least stop GM and Chrysler from running out of cash before the end of March; what will happen after that is anyones guess. France, too, has taken the decision to aid its manufacturers - and, more pertinently, their captive finance arms. Meanwhile there is more worrying news from the non-prime and sub-prime market: as Blue closes its doors to new business and BCT drastically cuts its motor finance volume, F&I has never been higher up the news agenda.

Features

Motor month

New car registrations fell 21.2 per cent in December to 108, 691 units. The full year total is down 11.3 per cent to 2,131,795 units from 2.404.007 in 2007. Diesel market share reached an all-time high of 43.6 per cent.

Features

Andy Tong: At the sharp end

Being an independent training company has its advantages and disadvantages compared with other training providers, owned by banks, finance houses and vehicle manufacturers.

Features

View from the US

Tighter criteria offset looser credit-score terms at GMAC...Capital crunch spurs better credit, lower payments in Q3...

Features

Funding options for litigation

Conditional fee agreements (CFAs), often combined with insurance policies, have been used in the personal injury market for a number of years to enable parties to bring claims in circumstances where they might otherwise be unable to afford to do so.

Features

Market conditions make fuel management a must

As countries across Europe move further into recession it goes without saying that businesses are managing their costs more tightly. The impact on the fleet is a focus on controlling and reducing the total cost of vehicle ownership.

Features

Betting on boost from brokers

LeasePlan UK has completely restructured its broker divisions, with the new changes becoming effective on January 1 2009. The UK branch of the netherlands-headquartered lessor has brought together its two broker arms into one business unit under the Network brand, obtaining for all the brokers an "en masse" membership within the BVRLA, Antonio Fabrizio talks to Jo Elms of Network about raising standards among brokers and the challenges of intergration.

Features

Recession drives popularity of online car sales

Is the motor retail world prepared for a move online? Some 44 per cent of consumers surveyed by Capgemini said they were looking to the internet as a viable sales channel for cars, up form 20 per cent a year ago, while traffic to online car retailer Autoquake has grown by 260 per cent since June.

Carrier Letter

Welcome to the January issue of Motor Finance Now - after the official merger of Lloyds and HBOS - the UK economy, and motor finance in particular, is entering uncharted waters in 2009.

Broker focus for Grosvenor Contracts Leasing

Fleet management and leasing company Grosvenor Contracts Leasing is to target the sub-20 unit fleet sector through a newly-launched broker division, Fleet Connections.

Fleet deals

Tusker acquires Allen Fleet Services...Charity renews its company car fleet...Saab Contract Hire closes its doors...

Software and systems update

Two new deals for fleet software firm...Swiss software system selected by Mazda...IT firm has designs on brokers...

On the move

Andy Bell, director of First Vehicle Leasing, has been named as director of the National Association of Commercial Finance Brokers vehicle finance division...Charles Peugeot has been tapped to head up Citron UKs new CV sales division

Features

Casebook: Payment by instalments

When an individual is made bankrupt or a company is wound up, any dissipation of assets, or enforcement proceedings completed after the date of the presentation of the petition are liable to be set aside (s346 Insolvency Act 1986 IA).

Features

Tony Worthy: Motor month

New car registrations continue to decline and although government recognises the strategic importance of the UK motor industry, urgent action is still needed, said Paul Everitt, SMMT chief executive.