Category Archives: News

Vista Equity to buy Solera for $3.74 billion

Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application software. The deal is the largest in Vista’s history. The offer price of […]

Biomass Booths in Blackburn

Junair spraybooths has been working closely with the team at Lookers Blackburn to install a sustainable spraybooth. This unique idea sees their spray booths running on Biomass together with more traditional energy sources. The biomass renewable energy works automatically, powering the booth on both spray and bake mode. The spraybooth cycle remains unchanged, the only noticeable difference being that to […]

TomTom launch RoadDNA

TomTom today announced the launch of TomTom RoadDNA, an innovative new product for vehicle localisation that will help make automated driving a reality, faster. Designed with vehicle data storage and processing limitations in mind, RoadDNA delivers highly accurate location information that can easily be integrated into the on-board system of a vehicle. ‘We know that the future of automated driving […]

Record number of apprentices join Mitsubishi

Mitsubishi Motors UK has seen a record number of apprenticeship requests from the dealer network for training at its headquarters in Cirencester. So far this autumn, 20 Mitsubishi dealerships from all over the UK have committed to training in Gloucestershire as part of their three-year Level Three Diploma in light vehicle repair, from the Institute of the Motor Industry. Glyn […]

Pushy sales people put buyers off

carwow has found that 66% of new-car buyers are put off buying from a dealer by a pushy salesperson. The survey also found that pushy salespeople would put off 77% of women and 60% of men. Of more than one thousand respondents, 33% – the second largest group – said that dealers not having the car they want available to […]

Garages and MOT centres advised to act

Garages and MOT centres set to invest in business growth could save thousands of pounds by doing so before the end of the year, asset finance specialist Academy Leasing is advising. The Annual Investment Allowance (AIA) will fall from the current rate of £500,000 to £200,000 from January 1, 2016, reducing the tax relief cap on investments in equipment and […]

New car finance volumes up 13%

Figures released today by the Finance & Leasing Association (FLA) show the number of new cars bought by consumers on finance provided through dealerships increased by 13% in July, compared with the same month last year. The percentage of private new car sales financed by FLA members through dealerships in the twelve months to July reached 78.7%, up from 78.1% […]

Aston Martin launches classic certification programme

Luxury car-maker Aston Martin has unveiled an authoritative new Assured Provenance certification programme which, for the first time in the brand’s 102-year history, comprehensively assesses the background of its heritage sports cars. Created to offer a true blue riband service to heritage car owners and collectors, and drawing on the unrivalled knowledge of a committee of authoritative Aston Martin experts, […]

Solera engage in buyout talks

Insurance claims processing software maker Solera Holdings is in advanced talks with private equity firms Thoma Bravo and Vista Equity Partners to sell itself, according to reports from Reuters. Solera is nearing a deal to sell itself for about $53 per share, which would value the company at about $3.6 billion and a strategic company might have also submitted a bid, Bloomberg […]

BLD Group in administration

Claims management company Bikers Legal Defence Limited (BLD Group) has gone into administration. The company’s website has now been taken down and the following notice has been posted, ‘Danny Dartnaill and Simon Girling of BDO LLP were appointed Joint Administrators of Bikers Legal Defence Limited on 9 September 2015. Trading Names: Altamura Concepts, Ministry of Bikes, The MoB, FI International, […]

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