Wednesday, January 16, 2019

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Lower lease costs could unlock EV sales 

Data from cap hpi looked at five of the best selling EV models in the UK and discovered that monthly lease costs fell on average by 9.5%. 

NEWS

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    Paul Smith, Director of Traka Automotive

    Seven developments powering autonomous vehicles

    Technology strategies aren’t the only factors set to boost AV appeal - there are some market forces tipped to accelerate the self-driving car revolution:

    Honda focuses on grey fleets

    Honda has refocused its fleet efforts during the past 12 months to work more closely with fleet end-users, accommodating an anticipated increase in grey fleet inquiries and user-chooser customers.

    LEASING & FINANCE

    Motor Ombudsman

    New finance package for used cars

    The shift to online finance does not meet the needs of every car buyer; especially those who may need an extra level of assistance and not every dealer is comfortable talking about finance.

    New platform puts finance agreement online

    Via new app, BMW customers can amend contact details, select a different monthly payment date, make partial early repayments, request a settlement figure and find out what happens at the end of their contract.

    AFTERMARKET & WORKSHOP

    Review VHC process or put customers and revenue at risk

    Many franchised dealers undertaking VHCs fail to convert urgently required red work by not providing customers with estimates.

    Machine learning warranties for used cars

    Fixed subscription plan will cover maintenance and repair costs for retail customers without being tied into a contract.

    DEALER INSIGHTS

    On-going expansion boosts Fleet Assist business

    Continuous expansion has enabled Fleet Assist to build up a wealth of SMR data to the extent that today a diverse range of organisations utilise the company’s consultancy service to obtain in-depth information on fleet car and van in-life expenditure

    Review VHC process or put customers and revenue at risk

    Many franchised dealers undertaking VHCs fail to convert urgently required red work by not providing customers with estimates.

    Ignore data at your peril

    JOBS

    Premia pushes on with new appointments

      Two new Business Development managers have joined following a successful 2018 during which Premia expanded its client base across multiple volume and prestige dealer franchises. 

    Wass takes over as Peugeot marketing chief

    New Marketing Director has worked for 20 years in the automotive sector, with many of those spent in PSA. His experience includes a variety of head office, field based and dealership roles.
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