Electric Highway opens up BRILLIANT and visionary when launched, more recently Ecotricity became a drag on EV expansion, ranked last in a Zap-Map customer survey at the beginning of the year. But that looks to change with the GRIDSERVE acquisition, which is backed by Hitachi Capital finance. And it must change to support the growing interest in EVs – and the increasing…
No rise in FCA fees a must THE proposed rise in FCA fees for regulated leasing brokers is being opposed by the BVRLA, and quite rightly. Any additional cost at this time is unwelcome, especially as its justification is questionable argues the BVRLA. And for those brokerages with a number of AR outlets, then challenging the proposed AR fee is essential. Let’s…
Agency model could end Merc bull run A REPORT in Auto Retail Agenda says that Mercedes-Benz is consulting with its retail network about moving to an agency model in the future. Such a move will certainly impact brokers, for whom Mercedes has been an absolute best-seller. Indeed, Mercedes’ interest in the broker channel currently seems to be lukewarm anyway. So now’s the time to…
FCA’s Consumer Duty places more emphasis on TCF TO BE honest, it’s hard to know quite where the crosshairs of the FCA’s new Consumer Duty law are pointing. All brokers I speak to are absolutely committed to treating customers fairly. It’s become engrained, part of the DNA. One clue, though, is that the FCA is searching for firms that provide information in…
JONATHAN Wise, a former national sales manager at broker funder LeasePlan, has launched his own brokerage called Vavoom. Based in Manchester – increasingly the epicentre of leasing broker firms – Vavoom is part of the Vavoom Finance Group offering vehicle leasing and asset finance to customers. Currently Wise is supported by three highly experienced leasing executives, the leadership team offering 70 years…
THE changing mix of motor finance products is moving further and further towards leasing as previously dominant PCP starts to fade. Analysis of the market, by Paul Harrison of Leasing.com (left), suggests that not only are the finance trends shifting towards leasing, but the requirements of both consumers and businesses are changing as a reaction to the pandemic. Speaking at the BVRLA…
CHRIS Jennings, formerly sales director at CBVC Vehicle Management’s Leasing Gorilla, has started his own leasing broker business called Leasing Route. A franchise of the Bridle Group, the business began at the start of June, and Jennings says sales are already ahead of plan in what has been a strong start to trading. Jennings says Leasing Route, which operates from an office…
LEASING Gorilla, the leasing deals brand of broker CBVC Vehicle Management, has gone large on expansion. The Staffordshire-based company has bolstered its team as it plans for increased volume through the business. After two years with the business, Nathan Keeling (pictured above) has been promoted to sales manager. Prior to joining Leasing Gorilla, Nathan spent three years with Shire Leasing as an…