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Chris Wright

About Chris Wright

Chris Wright has been covering the automotive industry nationally and internationally for 30 years. Following spells with consumer titles he became News Editor of Automotive Management (AM), Editor of Automotive International, International Editor for Detroit-based Automotive News, and Editor of Dealer Update. He has also co-authored several FT Management Reports and contributes regularly to Justauto.com

New mobility provider to offer ultra-flexible leasing

By |2020-11-17T10:12:48+00:00November 17th, 2020|Categories: Leasing & Finance News|Tags: , , |

Business plans to use the latest technology to provide a digital-led service that will allow customers to order a vehicle in a matter of minutes. It is also creating a customer service centre in Milton Keynes to ensure all customers are supported with the ability to speak to a team member on the phone.

Six reasons to outsource during COVID-19 

By |2020-11-16T10:06:24+00:00November 11th, 2020|Categories: Leasing & Finance News|Tags: , |

Leasing Broker Federation partner Moneypenny explains how turning to outsourcing is one hugely effective way of overcoming Covid-19 issues such as furloughed staff, limited resource, and a whole new way of working and building resilience as we navigate the unpredictable climate ahead. 

Join us online for the 2021 Digital Summit

By |2020-11-16T09:54:08+00:00November 11th, 2020|Categories: Leasing & Finance News|Tags: |

Digital Summit will run over a week in February, bringing keynote speakers, knowledge sessions and sponsor updates during a daily 2-hour window on each day.  Chose what you want to log in to, based on your area of interest, and we will be delivering content based on the feedback you provided in the research waves, as well as providing an update on the most recent market trends.

Leasys sees fourth consecutive year of growth in the UK

By |2020-11-10T15:02:16+00:00November 10th, 2020|Categories: Leasing & Finance News|Tags: , , , |

This year Leasys UK, the contract hire division of Fiat Chrysler Automobiles Bank (FCA Bank) which represents the Fiat, Abarth, Alfa Romeo, Jeep, Fiat Professional and Maserati brands, has introduced a slew of new products which has ensured its continued growth. In spite of the challenges 2020 has thrown up, Leasys UK has grown by 23% so far taking its fleet size to 16,461 vehicles, its largest ever.

Additional lockdown presents a challenge for the short-term future

By |2020-11-05T10:14:14+00:00November 5th, 2020|Categories: Leasing & Finance News|Tags: , , |

New models and ongoing financial incentives helped initially to sustain UK demand in the month, but the introduction of a ‘firebreak’ lockdown in Wales on 23 October contributed to the nation recording 25.5% fewer registrations by the end of the month, which accounted for more than half of the overall UK decline.

Consumer car finance new business volumes up by 7% in September

By |2020-11-04T13:11:18+00:00November 4th, 2020|Categories: Leasing & Finance News|Tags: , |

The consumer used car finance market reported growth in new business volumes of 9% in September 2020 compared with the same month in 2019. In the nine months to September 2020, new business volumes in this market fell by 19% compared with the same period in the previous year.

Members sign up with IFS to help with vehicle funding

By |2020-11-04T13:00:13+00:00November 4th, 2020|Categories: Leasing & Finance News|Tags: , , |

IFS deals with brokers' customers where we may be the only option when it comes to getting behind the wheel of a car. Many of our options for customers are relatively short term - 3 to 12 months - which provides a temporary solution to customers who may be able to go back to traditional finance methods after an initial period.

FCA confirms payment deferral proposals

By |2020-11-04T10:18:34+00:00November 4th, 2020|Categories: Leasing & Finance News|Tags: , , |

FCA said it is important that borrowers who can afford to make repayments continue to do so and urged consumers not to contact their lender until the enhanced measures are in place. Lenders will soon provide further information. Under the FCA’s proposals, borrowers would have until 31 January 2021 to request an initial payment deferral.

FCA to issue new guidance on motor finance repayments

By |2020-11-02T16:12:48+00:00November 2nd, 2020|Categories: Leasing & Finance News|Tags: , |

The Authority will propose that consumer credit customers who have not yet had a payment deferral under its July guidance can request one. This could last for up to 6 months unless it is obviously not in the customer’s interests. Under the proposals borrowers who are currently benefitting from a first payment deferral under the July guidance would be able to apply for a second deferral. 

UK not ready to embrace EVs yet, says Rivervale

By |2020-10-30T09:05:14+00:00November 2nd, 2020|Categories: Leasing & Finance News|Tags: , |

Study shows that drivers won’t make the switch because of high costs, limited charging access and poor range, but is any of this true? The survey reveals that drivers have an outdated ideas of EVs as they don’t think they have developed over the past 5 years. 

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