NEWS
More
Ogilvie Fleet extends Fleet Assist’s SMR network contract
Fleet Assist and Ogilvie started working together in 2015 when mainstream adoption of diesels was the norm and EVs were not a consideration for fleets and company car drivers. Ogilvie, like many contract hire providers has seen the demand for zero and low emission cars continue to rise as fleets start their move towards 2030.
Cost of living forces families to cut back on motoring
Some two car families are switching to one in order to cut their outgoings, however, there is also no doubt some families that are really feeling the pinch of the cost of living crisis have had to become carless, which is something that could have a real and very negative impact on their work and family lives.
LEASING & FINANCE
Car dealers are reaching systems overload says Autofinity
Because of staff having to input data manually into the variety of systems in operation, vehicle information such as price and spec is mis-keyed which, if finance quotation software is in use on online marketing channels, can see dealer groups fall foul of Financial Conduct Authority regulations
New FCA principle requires closer tracking of customer journeys
The shift to putting customer needs first represents a genuine change in the way that the process of choosing a finance solution needed to be presented and recorded. The FCA has been explicit that the new principle very much raises the bar when it comes to how customers are treated when being sold finance products – and the motor retail sector must react accordingly.
AFTERMARKET & WORKSHOP
Ogilvie Fleet extends Fleet Assist’s SMR network contract
Fleet Assist and Ogilvie started working together in 2015 when mainstream adoption of diesels was the norm and EVs were not a consideration for fleets and company car drivers. Ogilvie, like many contract hire providers has seen the demand for zero and low emission cars continue to rise as fleets start their move towards 2030.
Alan Day Motor Group signs new remarketing partnership with BCA
BCA customers nationwide will be able to bid on Alan Day Motor Group stock every Tuesday via BCA Online and the BCA Buyer app. Daily updated BCA Valuations will ensure Alan Day Motor Group vehicles are valued in line with market expectations to ensure a swift churn of stock.
DEALER INSIGHTS
Cost of living forces families to cut back on motoring
Some two car families are switching to one in order to cut their outgoings, however, there is also no doubt some families that are really feeling the pinch of the cost of living crisis have had to become carless, which is something that could have a real and very negative impact on their work and family lives.
UK vehicle sales slowly pick up
During what is typically the second biggest month of the year for the sector, 225,269 cars joined Britain’s roads. While this was a 9,957 unit increase on last year, when the industry recorded its weakest September since 1998, overall registrations for the month are still some 34.4% below pre-pandemic levels as the industry continues to battle issues constraining supply to fulfil a backlog of orders.
JOBS
Tim Meadows appointed CCO at epyx
He is rejoining the company where he spent four years, initially as director of account management from 2016 and then commercial director, before becoming managing director at r2c Online, also FLEETCOR-owned.
iVendi creates new vice president positions as expansion continues
changes had been made in order to strengthen the company’s leadership team and enhance service across all areas of the business. Its expansion targets, announced towards the end of 2021 are ambitious and the new promotions will help to reach its goals.
