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TomTom launch RoadDNA
- 14/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
Record number of apprentices join Mitsubishi
- 14/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
Pushy sales people put buyers off
- 11/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
Garages and MOT centres advised to act
- 11/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
New car finance volumes up 13%
- 11/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
Aston Martin launches classic certification programme
- 11/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
Solera engage in buyout talks
- 11/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
BLD Group in administration
- 11/09/2015
- Posted by: Simon Wait
- Category: News
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 [...] -
17 new apprentices join Lotus
- 11/09/2015
- Posted by: Simon Wait
- Category: News
Lotus has recruited 17 new apprentices, with another eight to join by the end of the year, to work across all divisions of manufacturing - inclusive of trim, paint shop and vehicle assembly – as part of its largest apprenticeship scheme to date. The 17 new apprentices are supported by the training specialists [...] -
Lloyd’s first-half profit falls 28%
- 10/09/2015
- Posted by: Simon Wait
- Category: News
Lloyd’s of London saw its profits fall 28 per cent in the first half of the year. Profits came in at £1.19bn, down from £1.65bn in the same period of 2014, despite turnover rising by 7 per cent. The market’s combined operating ratio (COR) deteriorated by 2.1 percentage points to 89.5% (H1 2014: [...]