Industry News: $1.5 million confirmed lost in Citifleet case

dunedin1An investigation into the operation of Dunedin City Council’s Citifleet division has been released – blaming the loss of $1.5 million on the divisions former manager.

Deloitte was engaged by the DCC in May to launch an investigation after staff identified what appeared to be a discrepancy in the number of Citifleet vehicles when implementing new financial procedures.

Soon after questions were first asked, Citifleet manager Brent Bachop died in a suspected suicide. Continue reading “$1.5 million confirmed lost in Citifleet case” »

Industry News: Vero renews AMP insurance deal

thVero Insurance has renewed its 13-year deal underwriting AMP branded insurance products for another seven years.

The deal includes vehicle insurance among a suite of products.

Vero chief executive Gary Dransfield says the companies are a natural fit. Continue reading “Vero renews AMP insurance deal” »

Industry News: Green light for new Auckland KartSport complex

Manukau2Christmas has come early for the Auckland KartSport community with word from the Otara-Papatoetoe Board that they have been given the green light to begin work on the Colin Dale Park motorsport complex near the airport.

“This is fantastic news and it could not have come at a better time,” says Bob Cunningham, who with local man Ian Hodgson has been working on a plan to build an international standard kart track at the park for the past seven years.

Colin Dale Park, named after a long-serving Manukau City city manager, was ear-marked as a dedicated motorsport venue by what was the Manukau City Council and its mayor, Sir Barry Curtis, in 2003 when the land – on Price Rd (off Puhinui) and adjacent to Auckland International Airport – was purchased. Continue reading “Green light for new Auckland KartSport complex” »

Industry News: New Zealand economy ‘fastest growing’

BE_BeehiveNew Zealand’s economy remains one of the fastest growing in the developed world according to Finance Minister Bill English.

Statistics New Zealand today reported gross domestic product expanded by 1.0% in the September quarter. This took annual growth – from the September quarter 2013 to the September quarter 2014 – to a revised 3.2%. This is the same as annual growth to June 2014 and equals the highest annual growth rate since September 2007. Average annual growth was 2.9 per cent.

“We are in the unusual but encouraging situation where we have solid economic growth, more employment and higher wages, but few pressures on inflation,” English says. “This suggests New Zealand’s economic growth potential before inflation sets in – essentially the speed limit of the economy – is higher than expected previously.” Continue reading “New Zealand economy ‘fastest growing’” »

Industry News: Criminal proceedings launched against finance company leftovers

comcom-logoThe Commerce Commission has filed criminal proceedings in Auckland District Court against finance companies Budget Loans Limited and Evolution Finance Limited – companies largely formed to take on the books of other failed financiers.

The charges alleging their repossession and debt recovery practices breached the Fair Trading Act.

Owned by Allan and Wayne Hawkins, and in liquidation, Evolution Finance and Budget Loans purchased old loan books from a number of failed finance companies including National Finance Limited and Western Bay Finance Limited. The majority of loans originate between 2001 and 2006. Continue reading “Criminal proceedings launched against finance company leftovers” »

Industry News: Dealers warned to educate customers on new technologies

20102413051key212-1AA South Island couple nearly died after being trapped in their new “keyless” Mazda3 hatchback in their own garage over night.
Now Mazda New Zealand general manager Glenn Harris has warned the New Zealand Mazda dealer network to show customers how to use new technologies in their entirety.

“It’s not a design flaw with the car … what we say to our dealer network is, with new technologies, don’t forget to show customers how to use them in their entirety [and] how to override them. There is always a manual process to override them.”

Harris told the Otago Daily Time he “completely” empathised with the couple, and says the company needed to ensure it did not happen to anyone else.
Confusion about operating their Mazda 3 hatchback led Mollieanne and Brian Smith to believe there was no way out. Continue reading “Dealers warned to educate customers on new technologies” »

Industry News: FCNZ lands Jucy rental deal

JUCY-Punto-Tim-&-DanAFiat Chrysler NZ is celebrating securing a deal that will see 150 of its Fiat Puntos hit a rental fleet.

The $2 million dollar plus deal is with locally-owned tourism operator Jucy, owned by brothers Tim and Dan Alpe.

“The Fiat Punto is a perfect fit for Jucy, meeting our values of fun, family, passion and price,” says Dan Alpe, chief operating officer and co-founder of Jucy Rentals. “The Fiat Punto is both stylish and fun to drive, but at the same time it is practical, economical and safe. This makes it an ideal car for in- bound tourists looking for a car to see as much of New Zealand as possible in an enjoyable and economic driving holiday. Continue reading “FCNZ lands Jucy rental deal” »

Industry News: Dealers have a part to play in Volvo’s online sales

Volvo-logoVolvo has announced it will start selling vehicles online as it rolls out new models to compete with German luxury rivals such as BMW and Mercedes Benz.

The Swedish carmaker, controlled by China’s Geely, will gradually introduce web sales and spend more on digital advertising, it says, as it outlined changes to its global marketing strategy this week.

“The plan is to have all our car lines in all our markets offered digitally,” says Volvo sales chief, Alain Visser. Continue reading “Dealers have a part to play in Volvo’s online sales” »

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