Dealers Receive Exemption from Finance
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24 June 2010 The voice of the auto industry Dealers receive exemption from Finance Act RETAIL STAFF and motor The changes mean that that when you are providing representative of their finance vehicle dealers around the it will largely be business as primarily information, you aren’t company. The first option, to country will be relieved to be usual, says Hope. “Retail staff providing financial advice. All become an adviser, would exempted from the ambit of the and vehicles salespeople will this does is ring-fence those have been costly and time- Financial Advisers Act, says Kirk not be considered financial people who are clearly not consuming. Becoming a Hope, Chief Executive Officer of advisers. In fact there is a very providing financial advice, and nominated representative of a the Financial Services Federation. helpful example provided in the ensures they aren’t captured finance company would have “The Retailers Association, text of the report back, which unnecessarily by the legislation.” required little from a dealer, but the Motor Trade Association provides an example of a retail The previous wording of the could have lead to further legal (MTA), and the Financial Services salesperson being carved out. So Bill would have meant dealers confusion. Federation have made strong a very good outcome, and a fair would have been forced to “With salespeople not covered, recommendations, and those amount of relief for the industry.” register as a financial adviser, it will reduce the necessity for suggestions have been picked up.” “The initial Bill acknowledged or else become a nominated nominating representatives”, says continued on page 6 Most dealers likely to be unaffected by MVR access changes LEGISLATION DESIGNED to November 1, and information in to dealers are successful in protect privacy, and prevent the MVR will only be available their application, and receive individuals’ details being available to businesses that have made authorisation to access the for purchase by direct marketing a successful application for registry, dealers will be largely companies will affect access to continued access. unaffected by the new rules. the motor vehicle registry (MVR). But if companies who “Car dealers who use our Isuzu Utes The new law comes into effect provide vehicle-check services services won’t have to make p.8 continued on page 7 launched in NZ Autofile is now published twice per month and sent COMPLIMENTARY to over 1400 auto industry and associated businesses throughout New Zealand If this is your target market - WE REACH IT The voice of the auto industry IF IT CAN ROLL, IT CAN FLOAT Vehicles, Boats, Machinery, and Project cargo Vehicles, Boats, Machinery, and Project cargo RORO service inbound and outbound RORO servicefrom and inbound to the andworld outbound from and to the world ASIAN VENTURE V11 Nagoya 29 Mar Yokohama 31 Mar Auckland 19 Apr Tauranga 22 Apr Napier 22 Apr Wellington 21 Apr Lyttelton 22 Apr ORCHIDTRINIDAD ACE V9 V1 Sakaisenboku 1Sakaisenboku Jun - Nagoya 226 Jun Mar - Yokohama Yokohama 3 30Jun Mar - Auckland 26 Jun Auckland 18 Apr Tauranga 22 Apr Napier 22 Apr Wellington 21 Apr Lyttelton 22 Apr MADAME BUTTERFLY V1 SakaisenbokuEUROPEAN 29 Mar Nagoya EMERALD 30 Mar Yokohama V41 31 Mar Sakaisenboku 16 JunAuckland - Nagoya 21 17 Apr Jun - Kawasaki 18 Jun - Auckland 6 Jul - Tauranga 9 Jul - Napier 9 Jul- Wellington 8 Jul - Lyttelton 9 Jul EUROPEAN EMERALD V40 Sakaisenboku 14 Apr Nagoya 15 Apr Kawasaki 16 Apr Auckland 1 May Tauranga CSAV4 May NapierRIO ILLAPEL 4 May Wellington V1 3 May Lyttelton 4 May Sakaisenboku 26 Jun - Nagoya 27 Jun - Yokohama 29 Jun - Auckland 13 Jul - Tauranga 16 JulTOKYO - Napier CAR16 Jul- V1 Wellington 15 Jul - Lyttelton 16 Jul Sakaisenboku 26 Apr Nagoya 27 Apr Yokohama 30 Apr Auckland 13 May Tauranga 4 May Napier 16 May Wellington 16 May Lyttelton 16 May ISOLDE V3V4 SakaisenbokuSakaisenboku 28 Jun - Nagoya 28 Apr 29 Nagoya Jun - Yokohama 29 Apr Kawasaki 30 Jun - 30Auckland Apr 22 Jul Auckland 21 May www.hoegh.com Tokyo Osaka Nagoya P + 81Tokyo 3 6436 3320 P + 81Auckland 6 6265 8580 P +Christchurch 81 5 2968 1731 PF ++ 8181 3 6436 33283320 FP + + 81 64 6 9 6265 373 85813375 FP + + 81 64 5 32968 379 17307682 F + 81 3 6436 3328 F + 64 9 379 9477 F + 64 3 379 3480 www.kiwicar.com www.hoegh.comAuckland Christchurchwww.kiwicar.com P + 64 9 373 3375 P + 64 3 379 7682 F + 64 9 379 9477 F + 64 3 379 3480 editor’s note The price of development Editor Subscriptions Stian Overdahl [email protected] [email protected] Free phone 0508 288 863 021 247 7782 Fax 03 4772758 PO Box 6222, Advertising Dunedin 9059 Brian McCutcheon [email protected] Administration Free phone 0508 288 863 [email protected] 021 455 775 Free phone 0508 288 863 Fax 03 4772758 Staff Writer & Motorsport PO Box 6222, Mike Stock Dunedin 9059 [email protected] Publishing Company Designer 4 Media Limited Adrian Payne PO Box 6222, [email protected] Dunedin 9059 ElECTRIC CARS are a funny shows that 78% of daily driving Copyright: Published twice monthly by: 4Media, PO Box 6222, Dunedin 9059 thing. While a lot of the claims during the week falls within the All statements made, although based on information believed to be accurate and reliable, cannot be guaranteed, and no liability can be accepted for any made about them can sound 100 kilometre ranges, enough errors or omissions. Reproduction of autofile in whole or part, without written quite impressive, closer for a single charge. Double the permission, whether by xerography or any other means, is strictly forbidden. inspection reveals that some of range, to 200 kilometres, and All rights reserved. the stats aren’t quite so flash. the number of people travelling Take Nissan’s LEAF. 160 that far only rises 10%. kilometres on a single charge. This makes it economical to A battery life of up to five to design a car within this range, 10 years. Thirty minutes to as any extra range is unlikely to complete a fast charge. result in extra sales. One notorious problem Yet what happens when you is battery life. If your battery want to drive 400 kilometres, or makes it to 10 years, it’ll be more, to go on holiday? While running at 80% capacity. But that might be, statistically this is only if you haven’t speaking, a minority of car trips, indulged in any fast charges, it’s those times when you value which will degrade the battery your car most. Your IT by an extra 10%. Owners of an electric car Battery price is also an would require a second car vendor issue, with the LEAF’s pack for long trips, which partially estimated as costing as much (or wholly) defeats the as US$18,000. This number will environmental badge. thinks one drop once the car’s in mass Electric cars may make production, but it’s clear that at sense for businesses, to be used size fits all? first there won’t be profit to be during the day for short city made, and that’s with overseas trips, or as a family’s second car. Technology Solutions for Industry Government subsidies in the But for the foreseeable future As New Zealand’s leading developer of specialist automotive business equation. they will operate in this niche. software systems, we’ll give you the right solution for your operation. Range can also be an issue, If their development Whether you are the smallest workshop or the largest dealership we have with most electric cars designed continues I have no doubt that your next solution, and you won’t be forced into a system intended for someone smaller, larger or just plain different. We’ve been developing for short trips. This is partially in 10 or more years they’ll be systems for businesses just like yours for over 25 years. down to battery weight: the great. But I have no intention Call us to discuss your needs and to learn how we Tesla Roadster can travel 350 of being an early adopter and can give you more control with less effort. Specialist Business Management Systems from TSI: kilometres on a single charge, subsidizing the ride there. Orion, Autoline, Midas, Wasp, SAM but the 450kg battery makes up CONTACT: Paul Wilkinson - Business Development Manager a third of the car’s weight. Stian Overdahl Phone: 09 583 2451 Mobile: 0274 475 514 (formerly Systime) Email: [email protected] However market research Editor www.autofile.co.nz | 3 news Wellington to go electric WEllINGTON MAYOR, Kerry that reality closer,” said Manley. Prendergast, is determined to The use of electric vehicles is bring electric vehicles to the being promoted by the Council Capital. The Wellington City Council as a way to cut greenhouse gas and the Renault-Nissan Alliance emissions, and as part of their aim have signed a Memorandum of to be seen as a ‘green capital’. Last Understanding (MOU) to identify month Wellington was named fifth potential areas of co-operation in a ranking of the world’s top eco- in promoting the use of electric cities in the annual Mercer Quality vehicles in the city. of Life survey. “The arrival of a small Nissan New Zealand head, fleet of these cars in Wellington charging facilities, parking, signage John Manley, says his company is early next year should help push and for the lease of cars. The prepared to explore ways to bring us closer to the top,” said Mayor Council is also working with key zero emissions technology to New Prendergast.