THE coronavirus lockdown has all provided time to think about our businesses. How could we make it better? How could we make it more efficient? Do I need all my staff in the office? And how can we serve our customers better? Even, is my business doing the right sort of broker business? All these and more I’m sure have passed through…
THE variety of fleet mobility solutions is likely to be reassessed following coronavirus. As most mobility solutions are based on multi-user asset use, the potential for the virus to be spread more widely becomes an increasing risk. It means there is likely to be more demand for grey fleet solutions, with the potential for greater PCH penetration within existing fleets. That’s the…
THE BVRLA has produced a downloadable booklet that can be used by leasing brokers returning to work. Called A Guide to Operating during the Covid-19 pandemic, the pdf will be updated when new information or guidance is available with a new version number. Amanda Brandon, director of fleet services, writing in her introduction, says: “The aim of this guide is to provide…
SMALLER brokers should welcome the government’s latest initiative: 100% government supported Bounce Back Loans. Designed for smaller businesses, it allows borrowing of between £2000-£50,000 with access to the cash within days. The loans will be interest free for the first 12 months. Brokers can apply online through a short and simple form. The Treasury said the scheme had been designed to ensure…
THE FCA has confirmed temporary guidance for personal leasing customers experiencing financial difficulties during COVID-19. The details were proposed last week by the FCA. The financial regulator said it expected funders to provide immediate support to customers facing payment difficulties as a result of the coronavirus out break. The FCA said in its statement: “It is intended to provide help to those…
BROKERS have cars waiting for delivery to customers; dealers have vehicles they want to PDI and deliver. But lockdown restrictions are creating a logjam. Vertu’s Robert Forrester has a piece on LinkedIn discussing whether dealers should be doing more to enable a greater level of car sales. It follows the BVRLA’s suggestion after government advice that deliveries could go ahead. It’s worth…
AS an example of how the automotive log jam could be lifted, many German dealers went back to work yesterday (20 April 2020) It depends on region – Bavaria for example doesn’t go back until April 27 – but largely Germany is gently lifting lockdown restrictions for small shops, car dealers and bookstores. Germany has been less affected by the coronavirus outbreak…