Category Archives: News

Quindell statement

Quindell Plc (‘Quindell’ or the ‘Company’ or the ‘Group’) Further to the announcement on 29 May 2015 in respect of the completion of the disposal of the Group’s Professional Services Division (‘PSD’) and confirmation that PricewaterhouseCoopers LLP’s (‘PwC’) review of, inter alia, certain Group accounting policies was complete, the Company has been progressing its own review and the audit of […]

Road deaths increase 4%

The Royal Society for the Prevention of Accidents (RoSPA) says more needs to be done to protect vulnerable road users after new figures revealed a rise in the number of deaths on Britain’s roads. The statistics released today by the Department for Transport show an increase in the number of people killed or seriously injured, in particular pedestrians, cyclists and […]

Japanese carmakers expand Takata airbag recall

BBC reports that Japanese car giants Toyota, Nissan and Mitsubishi have expanded a recall of cars to replace airbags made by Takata. The recalls had initially been issued in North America, but have now been extended to the rest of the world. The carmakers said they were calling back a total of 3.2 million cars globally, affecting nearly 30 models. […]

UK watchdog plans yardstick for insurance policies

Reuters reports that British insurance firms may be forced to publish their average payouts and claim acceptances to help consumers decide if policies offer good value under proposals floated by the market regulator on Wednesday. A study by UK regulators in 2013 found that inadequate competition was leading to 108 million pounds annually in overpayment for general insurance ‘add-on’ policies. […]

Applying 3M science at Goodwood

Diversified technology company 3M will have a significant presence at the Goodwood Festival of Speed this year. Three divisions, 3M Commercial Graphics, 3M Automotive Aftermarket Division and Meguiar’s showing how 3M science is helping to transform the way in which vehicles are made, cared for and personalised. Located on Premier Row (stands 1 and 2 and stand 15), the 3M […]

Axalta commissions new waterborne facility

Facility engineered to meet demand for high-quality, environmentally-responsible coatings. Axalta Coating Systems a global supplier of liquid and powder coatings, commissioned its new waterborne manufacturing facility in Wuppertal, Germany, nine months after ground was broken on the project. The facility further expands Axalta’s substantial operations in Wuppertal and reflects Axalta’s commitment to produce environmentally responsible waterborne coating technology, for which […]

FCA looks into Quindell

Following the temporary suspension of trading in its shares on AIM, Quindell is under investigation from the Financial Conduct Authority (FCA) for alleged accounting irregularities. The FCA informed Quindell of the investigation under the Financial Services and Markets Act 2000 in relation to public statements made regarding the financial accounts of the company during 2013 and 2014. Quindell stated it […]

Khaled Shahbo appointed Enterprise MD

Enterprise Holdings has announced that Khaled Shahbo has been appointed as managing director for the UK and Ireland. He will take over from Mike Nigro, who was recently promoted to head the company’s operations throughout Europe. Khaled will assume responsibility for the UK and Ireland at an exciting time for Enterprise Holdings, which operates the Enterprise Rent-A-Car, National Car Rental […]

Motorists gamble over warranty purchase

The latest survey from Allianz Global Assistance UK reveals that over three quarters of used car owners have never bought warranty cover and nearly 40% cite cost as the main reason. Many respondents of the survey (28%) believe that committing to regular servicing means a warranty is unnecessary, and others (32%) just feel they would rather ‘take a risk’ than […]

Skoda Superb joins top safety ranks

Euro NCAP has recently conducted safety tests on the large family Skoda Superb and on the Hyundai i20 and FIAT Panda Cross superminis. The Skoda Superb has joined the ranks of the latest top safety achievers thanks to robust crash protection and its Autonomous Emergency Braking systems. The Superb is also equipped with crash avoidance technologies awarded under the Euro […]

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