Tag Archives: business news

Volvo partners with Microsoft

Volvo will work together with Microsoft to jointly develop next-generation automotive technologies. The two companies today revealed how Microsoft HoloLens, the world’s first fully untethered holographic computer, might be used in future to redefine how customers first encounter and explore a car, as well as how cars might be bought and sold in future. Areas of future collaboration between the […]

Thatcham confirms partnership with CATARC

Thatcham Research has confirmed a partnership with CATARC, the China Automotive Technology and Research Centre, to enable the introduction of a vehicle insurance rating scheme into China. Funded by UK insurers, one of Thatcham’s key responsibilities is in administering the insurance Group Rating system on behalf of the ABI (Association of British Insurers). The newly signed agreement with CATARC will […]

CVM sign contract with FMG

Complete Vehicle and Asset Management (CVM) Group has signed a 3-year contract to outsource its incident management services to FMG, one of the UK’s largest fleet incident management and specialist roadside services providers. FMG will operate under the CVM brand, providing 24/7/365 first notification of loss, a UK-wide repair management solution and a suite of legal services for CVM’s fleet […]

Growth in used car market continues

The UK used car market continues to grow, with recent DVLA statistics showing that used car transactions have grown by three per cent year on year during the July to September period for 2015. Year to date used car transactions have also increased, by 4.2% and 225,000 units year-on-year. The 4×4 segment showed the strongest performance with used sales of […]

UK car production reaches record high

British car manufacturing has hit its highest level for the year-to-date in a decade, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). A total of 1,318,452 new cars rolled off UK production lines in the first 10 months of the year, the best performance since 2005 and up 2.8% year-to-date. Exports drove volumes in […]

CitNOW strengthens senior team

CitNOW has strengthened its senior management team further by hiring new UK Field Sales Manager, Pam Cameron and Head of Client Services, Stephen Bateson. Stephen brings 23 years of experience in the automotive manufacturer sector to his role, heading up the newly-created client services division. Meanwhile, Pam will be responsible for continuing CitNOW’s growth in the UK dealer and manufacturer […]

10 year celebrations with Fix Auto

Fix Auto UK’s 10th anniversary celebrations have continued, with the network honouring six further franchisees that joined the then fledgling network a decade ago. Fix Auto Dagenham were honoured during the summer for being the first franchisee to sign up to the Fix Auto concept, now they have been joined by fellow ‘band of brothers’ Fix Auto Loughborough, Keighley, Bradford […]

Government must focus on ‘quality’ apprentices

With the UK skills shortage under intense scrutiny – businesses say ‘quality over quantity’ is key to future business success and productivity improvements.  Motor industry employers, including garages, dealerships and accident repair centres, are today calling on the Government to focus their efforts on the quality of training rather than the number of new apprenticeships available to help their businesses […]

SCP acquires Alloy wheel repair specialists

Soundcore Capital Partners, a control-oriented, New York-based private equity firm that invests in lower middle market businesses, today announced that it has completed the acquisition of Alloy Wheel Repair Specialists, the world’s largest full-service alloy wheel repair and replacement company. This marks the first platform investment since the firms launch in April, 2015. Terms of the private transaction were not disclosed. […]

Ford optimises service with RAC

Ford technicians across its dealership network have been praised for the high quality of their vehicle servicing by RAC engineers. This follows a successful 10-year association to provide independent assessment of customer vehicle repair and servicing quality. The RAC Service Workshop Quality Programme, introduced in March 2005, carries out up to 10,000 Ford vehicle service inspections every year – equivalent […]

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