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New appointment at BEKO TECHNOLOGIES
- 04/08/2015
- Posted by: Simon Wait
- Category: News
BEKO TECHNOLOGIES is pleased to announce that Paul Mucklow has been appointed aftermarket manager for the UK and Ireland. Paul will be responsible for growing the service department, assisting the sales team, and also technical support. Paul started work in the compressed air industry 25 years ago as a service [...] -
RAC and Lex Autolease form alliance
- 04/08/2015
- Posted by: Simon Wait
- Category: News
Small and medium-sized enterprises (SMEs) are being promised a better deal with handling their company cars thanks to a new alliance between the RAC and leasing specialist Lex Autolease. The two companies have joined forces offering a new vehicle leasing service, aimed at supporting business growth and providing [...] -
Profits up at Moneysupermarket
- 31/07/2015
- Posted by: Simon Wait
- Category: News
Price comparison website Moneysupermarket reported a 44% rise in profits to £30.2million in the six months to the end of June. The firm, which also owns finance website Moneysavingexpert.com, said its revenues increased by 18% to £143.9million, with three million customers shopping around for insurance, energy [...] -
Honda’s profits jump 20%
- 31/07/2015
- Posted by: Simon Wait
- Category: News
Japanese carmaker Honda's profit jumped 20% in the first quarter thanks to strong sales in its biggest market, North America, and cost-cutting measures. Its net profit rose to 186bn yen ($1.5bn; £960m) in April to June from 155.6bn yen a year ago - widely beating expectations of 145.7bn yen. The company said a [...] -
Zurich comments on RSA offer
- 30/07/2015
- Posted by: Simon Wait
- Category: News
Zurich Insurance Group has said that any offer it might make for British rival RSA would likely be in cash, a day after it said it was evaluating a potential offer. The bid by the Swiss firm for RSA Insurance Group could top £5.1 billion, a further example of consolidation in the sector at a time of tighter [...] -
VM’s start manufacturing venture in Mexico
- 29/07/2015
- Posted by: Simon Wait
- Category: News
Five years after their strategic cooperation was established, Daimler and the Renault-Nissan Alliance have significantly expanded their collaboration with the start of a manufacturing joint venture in Aguascalientes in central Mexico. The new business entity COMPAS (Cooperation Manufacturing Plant Aguascalientes) [...] -
VW overtakes Toyota’s global sales
- 28/07/2015
- Posted by: Simon Wait
- Category: News
Volkswagen overtook Toyota as the world's largest carmaker in terms of sales in the first half year, achieving its long-held ambition three years ahead of target. But remaining on top will be a challenge for the German maker of the Golf and Polo, as deliveries are falling in China, the destination of a third of its [...] -
Nationwide acquires JCC
- 24/07/2015
- Posted by: Simon Wait
- Category: News
Nationwide Accident Repair Services (NARS) and Just Car Clinics Group (JCC) announced today that they have agreed terms for Nationwide to acquire JCC for a cash consideration which values JCC at approximately £13.77m. The offer remains conditional on the approval of shareholders of JCC and is expected to close in [...] -
Ferrari files for US stock exchange
- 23/07/2015
- Posted by: Simon Wait
- Category: News
Italian supercar creator Ferrari has applied to list its shares on the New York Stock Exchange. It will have a value of ‘at least’ €10bn (£7.1bn) when it is floated, according to Sergio Marchionne, chief executive of Fiat Chrysler, the luxury marque’s owner. Ferrari intends to list its common stock with a [...] -
Car production at seven-year high
- 23/07/2015
- Posted by: Simon Wait
- Category: News
British car manufacturing delivered a strong performance in June with volumes up 5.4 per cent over the same month last year, according to new figures from the Society of Motor Manufacturers and Traders (SMMT). 143,759 cars were built in the month, with production for export (up 9.0 per cent) outperforming that for the [...]