RSAT 2.0 supports new validation capabilities that have been introduced by Task recorder (version 10.0.13). Support for new validation actions: Validate the state of a control (October 2020) This list will be updated throughout the release wave. Here are some of the new features that RSAT 2.0 supports. RSAT 2.0 includes new, highly requested features that improve the user experience and enable new capabilities and test patterns. It significantly reduces the time and cost of user acceptance testing when taking a Microsoft update, or before applying custom code and configurations to your Finance and Operations apps. The Regression Suite Automation Tool (RSAT) enables functional power users to record business tasks using the Finance and Operations task recorder and convert them into a suite of automated tests without the need to write source code. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans. For the latest documentation, see Microsoft Dynamics 365 product documentation. Dealers have six months to look at an alternative arrangement.This content is archived and is not being updated. Our network, our business model and our product portfolio is strong enough for us to be able to manage central tie-ups for alternate finance options. We respect their strategic decision, whatever it may be. The winding of captive finance arms may not have a significant impact, say group companies.Ī senior executive at Volkswagen Group said: "VWFS is an independent entity. Over the last 12-18 months, the workforce at VWFS has come down from 300 to 150 and most of them have taken up the position at Kuwy and the sizable part of the balanced workforce may also be given up the option to shift to Kuwy, added one of four people in the know. Based on its positive experience and for business policy reasons, VWFPL India, in close coordination with the brands of the Volkswagen Group, will review its business strategy for dealer financing by the end of 2021,” added the statement from Volkswagen Finance. “With its innovative digital credit platform, KUWY is the market leader in meeting the growing demand for new and used car financing. In an official response to the ET’s queries, Volkswagen Finance Private Limited said, in January 2021, VWFPL India acquired a majority stake in the Indian loan brokerage portal KUWY Technologies in order to satisfy the increasing needs of its retail customers for digital sales channels and individual financing options. Witnessing a strong traction at Kuwy, VWFS increased its stake and became a majority shareholder this January 2021. In 2020, the company had stopped lending to retail customers after it had picked up a stake in a fintech company Kuwy (in 2019), which is an aggregator platform. The company is focusing instead on fintech company Kuwy to address the retail buyers. With the exit of the captive arm, securing inventory funding for a dealer for expected higher volumes from 2.0 will be tough and may call for a bigger collateral and higher interest outgo, say experts.Ī shrinking Indian passenger vehicle market, bleeding dealers with a fair share of NPAs, and the complexities of competing against leading banks and NBFCs in India compelled Volkswagen Finance to relook at its business model. “The company may even consider surrendering its NBFC licence and may become a commissioning agent or a broker,” said a person aware of the plans. ![]() A formal decision is likely to be taken at a meeting in the coming weeks, say people aware of the matter. The decision to stop lending to dealers that accounted for more than half the loan disbursals was discussed in May. Three people confirmed that the finance arm has stopped retail lending to its customers last year and Volkswagen Finance is also expected to stop lending to the dealers for stock funding within six months. The role of the captive finance arm is to help accelerate the parent brand penetrate faster and deeper into the country instead of just earning money through financing.Īt its peak, VWFS disbursed over a billion dollars of funds in India, which has more than halved in recent years, especially after it stopped retail funding. ![]() Based on its positive experience and for business policy reasons, VWFPL India, in close coordination with the brands of the Volkswagen Group, will review its business strategy for dealer financing by the end of 2021,” Volkswagen Finance.
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